MemecoinTrader
#隐私代币板块全线上扬 Jupiter ecosystem recently made a big move. On November 4th, the community voted in favor of a proposal called "Burning the Litterbox" - directly destroying approximately 130 million JUP Tokens.
This batch of tokens originally lay in the "Litterbox Trust", accounting for about 4% of the circulating supply. This operation is a typical case of a deflationary mechanism, adjusting the token economic model by reducing the circulating amount.
From a governance perspective, this vote also reflects the actual operation of the DAO mechanism in major decision-making. After all, burning such
This batch of tokens originally lay in the "Litterbox Trust", accounting for about 4% of the circulating supply. This operation is a typical case of a deflationary mechanism, adjusting the token economic model by reducing the circulating amount.
From a governance perspective, this vote also reflects the actual operation of the DAO mechanism in major decision-making. After all, burning such
JUP-4.74%








