The Jupiter decentralized exchange (DEX) has paused governance voting through the end of the year, citing a “perpetual FUD cycle that grows with every vote.”

“The current DAO structure isn’t working as intended. We hear the complaints. We see the breakdown in trust… Instead of the DAO, holders, and team working in cohesion to push the product, platform and community forward, we are stuck in a negative feedback loop,” said Kash Dhanda, “cat-herder” of the decentralized autonomous organization (DAO) that governs Jupiter.

Pointing to new products like Jupiter Lend and the new Jupiter Mobile onboarding new users, Dhanda said, “We must be laser-focused on growth.”

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