Meow reveals significant asset lock-up amid admitted mistakes in community reassurance efforts, with future focus on product development and DAO engagement.
Jupiter co-founder Meow stated on X that 99.99% of his personal net worth is locked in JUP until 2030. He acknowledged that attempts to reassure the community via lock-up and burn operations were erroneous, as focus shifted to an undistributed 200,000 JUP budget. Future efforts will concentrate on product strengthening and discussions with the DAO.