Jupiter’s local tokene fell to low levels this week, but the salary for team members is still very generous. Altcoin investors are worried about DAO’s decision. In the middle of the discussions, the price continues to decrease.
Controversial voting in Jupiter
The DAO behind Jupiter, the largest decentralized stock market collector in the Solana ecosystem, voted for a larger share of the project creator Meow. In the vote on Monday, the proposal was accepted by a majority of 63 %and 7 %of the token supply of the protocol was allocated to Meow. This share is about $ 250 million.
But that was not the reason why the vote was controversial. Meow will finance the salaries and premiums of 65 new team members with 280 million Jupiter tokens for this new share. The total value of these tokens is about $ 140 million.
Some of the DAO members are such a large salary package weak capital management He opposed the decision, arguing that it was. Pyhtonia, one of the DAO governance members, expressed his reaction by saying, “Community funds should be used for community projects, and team funds should be used for the team,” Pyhtonia said.
Altcoin investors complain about 3 -year locked token
Criticism, team salaries in the hands of investors in the hands of the tokens will dilute the concerns that increased. However, the defenders argued that the locked tokens could not be sold for at least three years and argued that this was a balance element.
Edgar Pavlovsky, one of the nuclear members of the Paladin team, said that it is increasingly difficult to hold talented employees in the crypto market.
If you are complaining about Jupiter’s salaries to engineers, you should understand that it is not just a company that concerns a company or crypto industry. This is a global market issue.
They get the same salary as Google engineers
Siong Ong, one of Jupiter’s founding partners, said that crypto projects have to compete with technology giants such as meta and Google to attract talented engineers.
“I defend this allocation allocated for the team anytime and everywhere.”
The average salary of a software engineer in the United States is 163 thousand dollars, while Faang (Facebook, Amazon, Apple, Netflix, Google) companies working in companies are known to receive even higher salaries.
This leads to tension among DAO governance members, while large compensation packages cause a separate reaction because the crypto market is in the period of decline.
Falling income despite high salaries
One of the biggest problems for investors is the rapid melting of the DAO treasure. DAOs’ reserves decreased to $ 17 billion with a 50 %decrease since the beginning of 2025. Jupiter’s Memecoin craze in January in January, a weekly 42 million dollars of commission income, but this figure is now up to 20 million dollars.
This decline is directly linked to the collapse of breast coin projects in the Solana ecosystem.
Can expenditure restrictions be made?
Some projects under the DAO management began to take steps to reduce costs. For example, Aave DAO and Nouns Dao are discussing cost reduction suggestions.
The criticism of the Jupiter team emphasizes that the DAO administration should follow more firm financial policies. Investors argue that funds spent on team salaries should create a concrete value for the project.
Altcoin price decrease
All these developments are taking place in the same period when Jupiter’s token price is free. The jup token fell to $ 0.45 this week, but only two months ago reached $ 2.
While the overall decrease of the crypto market continues, Jupiter’s 75 %price collapse is directly related to major losses in the Memecoin industry.
Kriptokoin.comThe latest developments we have conveyed as the Jupiter team is not the first event that he receives criticism for his salaries. Last year, a budget proposal, which predicted the salary of only four team members, had a great reaction. However, this offer was still approved.
Now, a similar salary debate is much larger -scale and increases discontent among investors.
DAO executives argue that such expenditures will create value for the project in the long run, while investors call for transparency and efficient capital management.
