Jupiter DEX Pauses Governance Voting to Focus on Growth

According to Cointelegraph, the Solana-based Jupiter decentralized exchange (DEX) has announced a temporary halt to its governance voting process. Kash Dhanda, the chief operating officer of Jupiter, revealed this decision in a detailed statement on Thursday, emphasizing the need for the protocol to concentrate on growth. Dhanda described the current moment as a critical juncture for decentralized finance (DeFi), noting that the opportunity to shape its future is fleeting. Dhanda explained that the decentralized autonomous organization (DAO) structure is not functioning as intended, leading to a decision to suspend DAO votes until 2026 source: https://www.binance.com/en/square/post/25873119132273?utm_source=BinanceNewsRSS