Jupiter DAO Considers Budget Proposal for Core Working Group

in blurt-170858 •  8 months ago 

The Jupiter DAO community is buzzing with discussion around a recent budget proposal submitted by the Core Working Group (CWG).

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https://vote.jup.ag/proposal/5N9UbMGzga3SL8Rq7qDZCGfZX3FRDUhgqkSY2ksQjg8r

The CWG, tasked with various initiatives to support the Jupiter ecosystem, has requested a yearly budget of $450,000 (or 4.5 million JUP tokens at current prices).

What's in the Proposal?

The CWG's proposed budget aims to fund several key initiatives:

  • Enhancing User Experience: Making the Jupiter DAO environment more user-friendly and accessible for a wider audience.
  • Token List Management: Maintaining a curated list of high-quality tokens within the Jupiter ecosystem.
  • LFG (Launchpad) Program: Designing and launching a platform to support promising new projects within the Jupiter ecosystem (similar to a Launchpad).
  • Grants Program: Establishing a grants program to incentivize and support valuable projects that contribute to the growth of the Jupiter DAO.
  • Working Group Expansion: Fostering the creation of additional working groups with specialized focuses within the Jupiter ecosystem.

Community Discussion:

The proposal has sparked a lively debate within the community. Some members have expressed concerns about the cost, questioning whether the proposed budget aligns with the value proposition of the CWG's role.

On the other hand, many community members support the proposal. They recognize the crucial role the CWG plays in building a robust DAO infrastructure and attracting valuable projects to the Jupiter ecosystem.

The Road Ahead:

The community discussion will likely continue as Jupiter DAO members weigh the cost-effectiveness of the CWG's budget proposal. Ultimately, the community will decide whether the proposed funding allocation aligns with the long-term goals and vision of the Jupiter DAO.

Stay Involved:

If you're a JUP token holder, we encourage you to actively participate in the ongoing forum discussions on Jupresear.ch. By voicing your opinion and engaging with other community members, you can contribute to shaping the future of the Jupiter DAO.

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