Jupiter releases February operational updates: JUP total stake hits new high, Trenches migration to be carried out in March
Jupiter released its February operational dynamics on the X platform, pointing out that February was a month for Jupiter's strategic governance decisions and community plans, mainly including:
1. The launch of the Active Staking Reward (ASR) for the fourth quarter of 2024, distributing 50 million JUP and 75 million DBR to active governance participants;
2. The official launch of the JUP repurchase plan;
3. The total staking amount of JUP reached a new high, exceeding 550 million tokens;
4. Community audit verified the current total supply of 7 billion JUP tokens, with 2.64 billion tokens in circulation.
Subsequent key tasks include:
1. Jupnet development continues towards the mainnet launch;
2. Transition from Ape Pro to Trenches starting in March;
3. Completion of the Good Cats review and distribution process;
4. Jupiter Mobile is about to launch a major update.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BlackRock Invests $84 Million in Bitcoin

Bitcoin and Gold Rise Amid US Dollar Weakness

Bitcoin’s Rising Role Amid US Dollar Concerns

Metaplanet CEO Defends Bitcoin Strategy Amid Price Concerns

Trending news
MoreCrypto prices
More








