Jupiter Core Working Group (CWG) Announces Disbandment, Returning 4.5 Million JUP to the DAO

On July 3rd, Jupiter announced on social media that following a comprehensive assessment, it has confirmed that the original 4-year CWG mission has been largely completed as the DAO enters a 6-month voting suspension and reset period. Although there are still a few remaining items, the current DAO ecosystem has evolved to a stage where the originally envisioned core working group is no longer necessary - the functional framework of CWG was designed for a DAO era different from the present. Morten will join the Jupiter team on a full-time basis as an Operations and Quality Control Engineer. Kemo will return to lead his project Radiants while maintaining his community membership. The remaining members will complete the work handover within two weeks. The CWG has decided to fully refund 4.5 million JUP tokens to the DAO treasury.