PANews reported on October 31 that Jupiter announced on its X platform that after scaling down the DAO and resetting the community, the "Litterbox burn vote" is the next major step in this fresh start, refocusing on JUP as the core of the ecosystem and rebuilding long-term confidence and consensus. Currently, 50% of Jupiter's on-chain revenue goes into the "Litterbox Trust Fund," which repurchases JUP from the open market, having accumulated approximately 130 million tokens, representing about 4% of the circulating supply. These tokens were originally planned for use by the DAO after three years, but recently, holders have felt they create uncertainty for the community and them. After considering these opinions, the DAO began voting today on whether to burn existing tokens (deadline in 4 days and 13 hours). In the coming weeks, a separate vote will be held on how to handle the continued inflow of revenue into the "Litterbox."PANews reported on October 31 that Jupiter announced on its X platform that after scaling down the DAO and resetting the community, the "Litterbox burn vote" is the next major step in this fresh start, refocusing on JUP as the core of the ecosystem and rebuilding long-term confidence and consensus. Currently, 50% of Jupiter's on-chain revenue goes into the "Litterbox Trust Fund," which repurchases JUP from the open market, having accumulated approximately 130 million tokens, representing about 4% of the circulating supply. These tokens were originally planned for use by the DAO after three years, but recently, holders have felt they create uncertainty for the community and them. After considering these opinions, the DAO began voting today on whether to burn existing tokens (deadline in 4 days and 13 hours). In the coming weeks, a separate vote will be held on how to handle the continued inflow of revenue into the "Litterbox."

                                                                               Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus.                     US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more