Jupiter founder Meow: conducting two undisclosed acquisitions, has established a trust

WuSaidBlockchainW · 2025-02-26T03:46:50+00:00

Jupiter is conducting two undisclosed acquisitions to enhance team and platform capabilities, with funds coming from the treasury without affecting the JUP Token economy. The establishment of Litterbox Trust will accumulate 50% of the revenue in JUP to enhance long-term stability, emphasizing long-term development strategies.

WuSaidBlockchainW

2025-02-26 03:46:50

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Wu said that, according to the latest article by Meow, the founder of Jupiter, Jupiter is currently conducting two undisclosed acquisitions to enhance the capabilities of the team and the three major platform pillars (Jup.ag, Jupiverse, Jupnet). Meow stated that the acquisition funds will be paid by the national treasury, which will not affect the JUP Token economy, and specific details have not been disclosed. In addition, Jupiter announced the establishment of the Litterbox Trust, which will be managed by an independent third party and has started operating. Over the next two years, it will receive 50% of the protocol’s income for strategic accumulation of JUP, aiming to enhance the long-term stability of the Token. Meow emphasized that this move does not involve near-term profits, but rather lays out a strategy for the long-term development of the ecosystem and community.

JUP-7,74%

TRUST-0,97%

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