木星以倦怠为例，停止了社区投票。这是加密货币空间中不断发展的治理的迹象吗？让我们潜水。

Jupiter, Governance, and Burnout: A New Era for Solana's DEX?

木星，治理和倦怠：Solana Dex的新时代？

Jupiter, a major player on Solana, is hitting pause on community voting until late 2025, sealing its governance Treasury until 2027. Is this a blip or a sign of evolving governance in the crypto space?

木星是索拉纳（Solana）的主要参与者，直到2025年下半年，一直在社区投票中停下来，直到2027年将其治理财政部密封。这是加密货币空间中不断发展的治理的标志吗？

The Burnout Factor: Why Jupiter is Taking a Break

倦怠因素：为什么木星休息一下

Let's face it, DAOs can be exhausting. All that voting, all those proposals...it's enough to make anyone's head spin. Jupiter's team has openly acknowledged community burnout as a key reason for this governance hiatus. As team member Kash Dhanda put it, the current DAO structure simply wasn't working. The constant FUD cycle and breakdown in trust were taking their toll.

面对现实吧，道斯可能会筋疲力尽。所有这些投票，所有这些建议...足以使任何人的头部旋转。木星的团队公开承认社区倦怠是这种治理中断的关键原因。正如团队成员Kash Dhanda所说，当前的DAO结构根本无法正常工作。持续的FUD周期和信任的细分造成了损失。

Instead of slogging through endless governance votes, Jupiter is shifting its focus to what it does best: building awesome products. They're aiming to strengthen their product suite and solidify their market position. Smart move, right?

木星没有通过无尽的治理投票来努力，而是将其重点转移到了最擅长的事情上：制造很棒的产品。他们的目标是加强其产品套件并巩固其市场地位。明智的举动，对吗？

The Numbers Don't Lie: Jupiter's Dominance and Recent Challenges

数字不撒谎：木星的统治力和最近的挑战

Jupiter is still a force to be reckoned with on Solana. We're talking over $2.2 billion locked on the platform and daily fees averaging $1.6 million. Plus, they handle a whopping 80,000 token swaps each day, serving over 18,000 active traders. Those are some serious bragging rights.

木星仍然是索拉纳（Solana）的力量。我们正在谈论超过22亿美元的锁定在平台上，每日费用平均为160万美元。另外，他们每天处理多达80,000个令牌掉期，为18,000多名活跃的商人服务。这些是一些严重的吹牛权利。

However, even the mighty can face headwinds. Jupiter has seen a dip in user traffic recently, with competitors like PumpSwap muscling in on the meme coin action. Ouch. This governance pause could be just what they need to regroup and come back stronger.

但是，即使是强大的人也可以面对逆风。木星最近看到了用户流量的下降，例如Pumpswap像Mexswap Muscs in the Meme Coin Action一样。哎哟。这种治理的停顿可能正是他们重新团结起来所需的问题。

The Road Ahead: A Redesigned Governance Structure

前面的道路：经过重新设计的治理结构

So, what's next for Jupiter's governance? The plan is to introduce a redesigned structure in 2026, aiming to address past disputes and streamline decision-making. The Treasury will then fully reopen in 2027. This isn't just a pause; it's a strategic reset.

那么，木星的治理是什么？该计划是在2026年引入重新设计的结构，旨在解决过去的争议并简化决策。财政部将在2027年全面重新开放。这不仅仅是停顿。这是战略重置。

A Broader Trend? DAOs Reassessing Governance Models

更广泛的趋势？ Daos重新评估治理模型

Jupiter isn't alone in re-evaluating its governance model. Take ApeCoin, for example. There's a proposal on the table to sunset the ApeCoin DAO and hand control to a more centralized entity called ApeCo. Why? The DAO was deemed "sluggish, noisy, and often unserious governance theater." Sounds familiar, doesn't it?

木星并不孤单地重新评估其治理模型。以Apecoin为例。桌子上有一个提议，将阿皮塞恩·道的日落和手动控制到一个名为Apeco的更为集中的实体。为什么？ DAO被认为是“缓慢，嘈杂的，而且常常是毫不客气的治理剧院”。听起来很熟悉，不是吗？

This could be a sign of a broader trend. DAOs are realizing that decentralized governance isn't always the most efficient or effective approach. Sometimes, a more centralized structure is needed to get things done. It's a delicate balance, but it's clear that the DAO landscape is evolving.

这可能是更广泛的趋势的迹象。道斯意识到，分散治理并不总是最有效或有效的方法。有时，需要更集中的结构来完成工作。这是一个微妙的平衡，但是很明显，道景正在发展。

My Two Sats: A Pragmatic Approach to Governance

我的两个SAT：一种务实的治理方法

Personally, I think Jupiter's decision is a smart one. There's nothing wrong with admitting that something isn't working and making a change. Burnout is real, and if frequent governance votes are hindering productivity, then it's time to try something new. And the market seems to agree. Jupiter(JUP), is currently trading at $0.5486, reflecting a 27.88% gain over the past month. This uptick in volume suggests growing investor interest and confidence.

就个人而言，我认为木星的决定是一个明智的决定。承认某些事情不起作用并做出改变没有错。倦怠是真实的，如果频繁的治理投票阻碍了生产力，那么该尝试一些新事物了。市场似乎同意。木星（JUP）目前的交易价格为0.5486美元，反映了过去一个月增长27.88％。这一数量上升表明投资者的兴趣和信心不断增长。

The key is to find a governance model that balances decentralization with efficiency. It's not about abandoning web3 principles; it's about adapting them to the realities of the market.

关键是要找到一个平衡权力和效率平衡的治理模型。这不是放弃Web3原则；这是关于将它们适应市场现实。

Wrapping Up: A Breath of Fresh Air for Jupiter

总结：木星的新鲜空气

So, what do you think? Is Jupiter's governance pause a sign of the times? Will other DAOs follow suit? Only time will tell. But one thing is for sure: the world of crypto is never boring. And hey, maybe a little less voting and a little more building is exactly what Jupiter needs to reach new heights. Cheers to that!

那么，您怎么看？木星的治理是否暂停了时代的迹象？其他道斯会效仿吗？只有时间会证明。但是可以肯定的是：加密世界永远不会无聊。嘿，也许投票少一些，而更多的建筑物正是木星需要达到新的高度。欢呼！