Bullish? J4J proposal was not on my bingo card.

Wild. Recent J4J proposal is not what I was expecting, check it here.

Highlights:

  • Propose 30% reduction in JUP total supply
  • Team will voluntarily cut 30% from their assigned allocation
  • Corresponding 30% reduction in Jupuary emissions

This is great from an investor perspective, curious how burning supply has played out for other projects. Cutting team allocation is dope, very symbolic IMO, people love this type of stuff. I am mixed on emissions.

Overall, this is framed well - I am excited for the full proposal. The supply, team allocation and emissions is well rounded and does seem to trim the 'fat' and address concerns from ongoing community, tokenomics conversations.