Jupiter Exchange has announced a $JUP token repurchase plan, set to begin on Monday. The exchange will use 50% of protocol fees to repurchase $JUP tokens, which will be locked for three years. Jupiter aims to maintain transparency, with a data dashboard for community oversight expected to launch next week.

PANews reported on February 14 that according to the official announcement of Jupiter Exchange, its $JUP token repurchase plan will be launched on Monday, and it promises to use 50% of the protocol fees to repurchase $JUP and lock it for three years. In addition, Jupiter said that the plan will remain transparent, and the relevant data dashboard is expected to go online next week for community supervision.

Jupiter Exchange Announces $JUP Token Repurchase and Locking Plan