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The Jupiter community has voted to approve a proposal to burn 130 million JUP tokens, which accounts for roughly 4% of the circulating supply. This decision was made through the "Burning the Litterbox" governance proposal, as confirmed by the Jupiter DAO voting page. The tokens are currently held in the "Litterbox Trust" and will be removed from circulation to potentially enhance the value of the remaining tokens.

JUP+6.78%

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