According to the information of the first proposal of Jupiter J4J, the voting has ended and the proposal was successfully passed with 260,131,475 votes in favor, accounting for 95% of the total votes.
It is understood that the proposal aims to enhance the certainty of JUP holders and the community by reducing the supply of tokens. This is the first of three JUP-related votes, which will achieve this certainty by solving the problem of high FDV, establishing the best level of cryptocurrency transparency in token distribution, and allowing voters to decide the main part of potential emissions.