Transparency comes first in investing — RootData's Exchange Rankings officially released [View Details]
API Download the RootData App

Jupiter co-founders: Personal and other co-founder funds are locked until 2030, trying to make everyone in the community happy is a mistake

Aug 09, 2025 19:41:41

Share to

ChainCatcher news, Jupiter co-founder meow posted on the X platform stating: "99.99% of my personal net worth, lifelong work, and inheritance are in JUP. My personal funds, like those of other founders, are locked and cannot gain liquidity until 2030. However, over the past year, I made a very, very serious mistake, which was trying to reassure the community and make everyone happy. Although I took various locking and burning actions to prove responsibility, the harsh reality is that no one cares about everything Jupiter has done; instead, the focus has exponentially increased on the 200,000 JUP budget that has not yet been distributed. Nevertheless, the focus of work in the coming months will still be on solidifying the product, and then discussions will be held with the DAO and the community. No commitments can be made at this time."

Related Projects

Latest News

Data: BTC breaks through 89,000 USD

ChainCatcher

Dec 15, 2025 02:16:40

Data: SOL breaks through 130 USD

ChainCatcher

Dec 15, 2025 02:13:59

Data: ETH falls below 3100 USD

ChainCatcher

Dec 15, 2025 01:22:03

Data: XRP falls below 2 dollars

ChainCatcher

Dec 15, 2025 01:20:23

Data: SOL breaks below 130 USD

ChainCatcher

Dec 15, 2025 01:13:56

Recent Fundraising

More
$10M Dec 14
-- Dec 12
$6M Dec 11

New Tokens

More
Dec 11
Almanak ALMANAK
Dec 11
Dec 11

Latest Updates on 𝕏

More