Jupiter releases February operational updates: JUP total stake hits new high, Trenches migration to be carried out in March

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Cointime2025/03/01 13:55

By:Cointime

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.

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Cryptopolitan•2025/04/06 03:22