2026-01-04 13:21:14

The controversy surrounding Jupiter's token buyback policy is intensifying. It is reported that the project invested over $70 million last year in JUP buybacks, but the market response was lukewarm, and the actual effect of the funds投入 was disappointing.

The focus of the controversy is shifting to a more fundamental issue: some community members point out that the size of the buyback may not be the key, and the real problem lies in the lack of use cases for the JUP token itself. Currently, holders have little practical purpose other than waiting for appreciation. This has sparked deep reflection on tokenomics and ecosystem development—can simple buybacks solve demand-side problems? Or does the project need to reconsider its development strategy from the perspective of improving token utility?

JUP1,06%

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GhostAddressHunter

· 01-06 03:05

$70 million invested in JUP and it's still like this. Honestly, it's useless. We need to assign real value to the token.

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GateUser-afe07a92

· 01-04 14:07

Putting in 70 million USD still doesn't help. To be honest, JUP itself doesn't have much use.

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BrokeBeans

· 01-04 13:48

70 million USD wasted, still bragging about buybacks... The key question is, what exactly can JUP do? --- Buybacks, buybacks every day, but no movement in the coin price. It still needs to have real utility. --- Basically, it's a lack of utility. Throwing money around is useless; people need to genuinely want to use this coin. --- Huh, still debating buybacks? Shouldn't we first clarify the purpose of JUP? --- Waiting for appreciation... I've been tired of waiting for so long. It needs actual functionality to be reliable. --- Another story of "We're working hard on buybacks." Tokens without a use case are ultimately just empty shells. --- This is called building walls with money. The problem isn't how much money there is; it's that no one really needs this thing. --- It seems the project team has the wrong direction. It's not about money; it needs to be repositioned. --- Spending 70 million and still like this, it's time to rethink the entire tokenomics design.

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LiquidatedNotStirred