PANews reported on February 27 that the Jupiter team officially announced the "GOAT Framework" for the JUP token, aiming to make JUP the best token (GOAT, Greatest of All Time) in the crypto industry through four core dimensions.
Governance: JUP supports the most meaningful crypto governance, and currently decides important matters about Jupiter's future through the JUP DAO, including working group budgets and token economic adjustments (such as 30% supply destruction, "Jupuary" activities, etc.).
Organic: JUP emphasizes authenticity and transparency, rejecting the common behind-the-scenes transactions in the industry. The team stated that it has never conducted over-the-counter transactions (OTC), hired KOLs for promotion, or manipulated the market, and has always maintained the organic development of tokens.
Alignment: JUP tokens are designed to achieve long-term synergy between holders, communities, teams, and ecosystems, and to promote common goals - expanding the scale of the ecosystem and accelerating the process of decentralization. JUP not only has an incentive effect on team goals, but also effectively motivates community members and DAO voters.
Transparency: JUP is centered on transparency and has completed three token audits to ensure that the source of each token can be traced. All multi-signature wallet information is public, and every large token flow is recorded in detail.
The Jupiter team said that the GOAT framework is the result of JUP's first year of efforts to establish its position as a long-term token and become an industry benchmark for token integrity. They emphasized that they refused to simply classify JUP as a governance or utility token, but instead focused on making it the "GOAT" token in the industry.
