JupiterDAO announced on platform X that with the conclusion of the 6-month voting moratorium and in alignment with the DAO's reset phase, it will reassess the scope of its Core Working Group (CWG). While some maintenance tasks remain pending, the CWG's structural design has reached completion.
Key highlights:
- The CWG's operational framework differs from the DAO's broader governance model.
- Though members aim to contribute to ongoing DAO 2.0 discussions, continued funding as a dedicated working group is deemed unnecessary.
- The 4.5 million vested JUP tokens awarded through the inaugural CWG vote will be fully returned to the DAO treasury.
Team Transition Updates
- Morten, a CWG member, will join Jupiter full-time as an Operations Assistant and Quality Control Engineer.
- Previous contributors received advance notice and have exited the organization.
Remaining members will collaborate over two weeks to resolve outstanding matters, including:
- Finalizing quarterly reports
- Conducting budget reviews
- Documenting operational guidelines
Frequently Asked Questions (FAQ)
Q: Why is JupiterDAO returning the vested JUP tokens?
A: The decision reflects the CWG's completed design phase and the DAO's shift toward decentralized governance without maintaining a funded specialist team.
Q: What happens to current CWG members?
A: Most have transitioned out, with one member moving to a Jupiter staff role. Remaining contributors will ensure project continuity before fully disbanding.
Q: How will this impact JupiterDAO's future operations?
A: Resources will be reallocated to broader DAO initiatives, while CWG-derived frameworks may inform upcoming governance 2.0 discussions.
๐ Explore JupiterDAO's latest governance updates
๐ Learn about decentralized organization best practices
This restructuring underscores JupiterDAO's commitment to lean, community-driven development.
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