Governance token concentration (Gini)
Jupiter's assessment for RD-F-047 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Team holds 20% of JUP supply (2B of 10B). One team member wallet cast >4.5% of votes in the most recent governance vote. Community complaints about voting power concentration led directly to governance pause. Top-10 voting wallets in whaling proposal held >22.5% of total voting weight. Gini coefficient not formally computed but evidently high. This concentration led to the governance failure and subsequent pause.
Sources #
- URLJupiter DAO Pauses Voting | The DefiantThe Defiant — governance pause due to voting power centralizationretrieved 2026-04-29
- Jupiter DAO members slam voting power | DL NewsDL News — team member voting power 4.5% of votes, concentration controversyretrieved 2026-04-29
- Over 81% of Whale Voting Weight | Solana FloorSolana Floor — top-10 wallets hold 22.5% of voting weightretrieved 2026-04-29
Methodology #
Compute the Gini coefficient of governance token holdings across the top-1000 holder addresses.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol jupiter factor RD-F-047 score red collected_at 2026-04-29 11:51:25