Solana DEX Pulls a Classic Larry Move: “No More DAO Votes Till 2026! Maybe We’ll Be Better By Then?” 😂

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Alright, here we go. Kash Dhanda—who, by the way, has a title so long I get tired just half-reading it, COO of Solana-based Jupiter or whatever—decided, “You know what? We’re gonna hit pause on this whole ‘governance voting’ thing.” Can you believe it?

So here’s the deal: Long announcement, lotta buzzwords. Apparently Jupiter is “at an inflection point.” Yeah, that means they’re either about to make it big, or trip over their own shoelaces. “Window to define the future of DeFi is open, but it won’t stay open for long.” Yeah—like my neighborhood bagel place, open for five minutes and somehow always closed when I need it.

Kash (look at us, we’re on a first-name basis now) says everyone’s gotta be “laser-focused on growth.” Sure, why not? Because apparently, the DAO thing is just not working. It’s like that group project where one guy does all the work, another guy takes a nap, and the rest are just arguing over what font to use. Nobody wants that.

So they’re suspending DAO votes until 2026. 2026! That’s, what, two years to sit around, play ping pong, and “find themselves”? They promise to come back “with a fresh approach that unifies, rather than divides.” Oh, sure, and I promise I’ll go to the gym next year. “The DAO is stuck in a negative feedback loop” – try Thanksgiving with my family, then we’ll talk about negative feedback loops. 🦃

The idea? Let’s stop wasting time, maybe get something done for a change. Listen, if pausing voting actually makes things go faster, I’m all for it. Think what would happen if we did that in government—wait, actually never mind, that’s probably how we got here in the first place.

DAO paused to prioritize execution (Translation: Everybody outta the pool ’til we clean up)

But don’t panic! Kash wants you to know your juicy staking rewards aren’t going anywhere. Previously funded work groups? Still chugging along. New proposals? Forget it. The reserve fund? Hands off, like it’s your roommate’s last slice of pizza.

No DAO votes, but hey, the dev team will use *their own money* for growth. Nothing makes crypto bros happier than someone else footing the bill—at least for now.

Supposedly, this all comes back next year—after enough “community engagement,” which is basically Zoom calls where everyone yells at each other. The goal is a “more productive approach.” Which I think means maybe less arguing, more doing. To quote Kash, just to really drive it home:

“To repeat: this is not an end to governance, but rather a pause.“
—You hear that? It’s a *pause*. Like your aunt pausing her diet. We’ll see.

DAO Drama: Not Just a Jupiter Problem 🎭

This isn’t just Jupiter’s little sitcom. Over at Yuga Labs, they tossed out the ApeCoin DAO, said it was going nowhere, replaced it with a snazzier-sounding “ApeCo.” Apparently the old setup turned into “sluggish, noisy and often unserious governance theater.” And believe me, nobody’s won an Oscar for that performance.

Greg Solano, the ApeCo guy, says too many resources went to “vanity proposals and low-impact initiatives.” Which is just a polite way of saying a bunch of big ideas that amounted to, let’s face it, not much.

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2025-06-20 16:24