### **Executive Summary**

**Proposal:** Allocate $5,000 from our stablecoin reserves to purchase Jupiter (JUP) tokens.

**Objective:** To further diversify our cryptocurrency portfolio by investing in Jupiter, leveraging its potential within the Solana ecosystem for growth and utility.

### **Background**

Jupiter is a prominent decentralized exchange (DEX) on the Solana blockchain, known for its efficient trading solutions and low transaction fees. The platform uses JUP tokens for governance, staking, and other utilities, making it a valuable asset within the DeFi space.

### **Rationale**

- **Diversification:** Enhancing our portfolio with JUP tokens introduces more diversity, potentially reducing risk and improving returns.
- **Growth Potential:** Jupiter's ongoing development and position within the Solana ecosystem present opportunities for appreciation.
- **Strategic Investment:** Engaging with emerging platforms like Jupiter aligns with our strategy to invest in innovative and utility-driven projects.

### **Financial Implications**

- **Investment Amount:** $5000 from our stablecoin holdings.
- **Current Portfolio Value:** $83100 USD.
- **Expected Acquisition:** The specific number of JUP tokens will depend on the market price at the time of purchase.

### **Potential Risks**

- **Market Volatility:** Cryptocurrency prices are subject to high volatility, which could affect the value of our JUP investment.
- **Regulatory Risks:** Changes in regulations could impact Jupiter's operations and the utility of JUP tokens.
- **Operational Risks:** Any disruptions in Jupiter's services could negatively influence JUP's value.

### **Voting Options**

- **Vote FOR:** Approve the allocation of $5,000 for the purchase of JUP tokens.
- **Vote AGAINST:** Reject the proposal and maintain the current allocation of funds.
- **Vote ABSTAIN:** Indicate neutrality, requiring further discussion or information.

### **Conclusion**

This proposal invites the community to decide on a strategic investment in Jupiter (JUP) tokens, aiming to capitalize on its potential within the Solana ecosystem. A positive vote will allow us to execute the purchase, broadening our investment landscape and embracing the growth opportunities presented by Jupiter.



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**Duration:** 24 hrs  
**Quorum Required:** 10% of total votes  
**Voting Rule:** Majority decision

Proposal forThe Basket Expansion: Acquisition of Jupiter (JUP) Tokens

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