Jupiter exec Kash Dhanda announced a pause on DAO governance voting until 2026, citing the need to prioritize growth and product execution.
Kash Dhanda, the chief operating officer of the Solana-based Jupiter decentralized exchange (DEX), announced that the protocol will pause governance voting.
In a lengthy Thursday announcement, Dhanda said Jupiter “stands at the edge of an inflection point” and “the window to define the future of DeFi is open, but it won’t stay open for long.”
Dhanda highlighted the need to “be laser-focused on growth,” and said Jupiter is suspending the decentralized autonomous organization (DAO) structure, which he said “isn’t working as intended.”
