JupiterDAO Unveils Major Mobile Update After Record Staking and Buyback

JupiterDAO, the decentralized autonomous organization behind the Jupiter Mobile platform, has announced a major update to its mobile application. The update, set to be released soon, comes on the heels of a successful February that saw significant strategic governance decisions and community initiatives.

In February, JupiterDAO launched the 2024 Q4 Active Staking Reward (ASR), distributing 50 million JUP and 75 million DBR to active governance participants. The organization also officially launched the JUP Buyback Program and achieved a record-high total JUP staking amount exceeding 550 million JUP. Additionally, a community audit verified the current total JUP supply of 7 billion, with 2.64 billion JUP in circulation.

Looking ahead, JupiterDAO has several key focuses. These include the continued development of Jupnet towards mainnet launch, migration from Ape Pro to Trenches starting in March, and the completion of the Good Cats review and distribution process. However, the most anticipated update is the upcoming major release for Jupiter Mobile.

The Jupiter Mobile update is expected to bring significant improvements and new features to the platform, enhancing the user experience and expanding its functionality. As a leading mobile application in the decentralized finance (DeFi) space, Jupiter Mobile has been instrumental in connecting users with various DeFi services and protocols.

The upcoming update is a testament to JupiterDAO's commitment to continuous innovation and improvement. By staying at the forefront of DeFi technology, JupiterDAO aims to provide users with a seamless and secure platform for engaging with decentralized finance services.