Jupiter, the largest decentralized exchange aggregator on Solana, is set to distribute 700 million JUP tokens in January 2025 in a massive airdrop event dubbed 'Jupuary'. This initiative is part of Jupiter's strategy to grow its community and reward contributors.
Details of 'Jupuary' Event
The distribution aims to benefit users, stakers, and key contributors based on activities recorded in a previous snapshot. The project is proposing a split among users and stakers, as well as 'Carrots' and 'Good Cats', aiming to appreciate everyone in the 'Jupiverse'.
Eligibility and Distribution Criteria
Eligibility for the JUP token distribution includes trading volume on the platform, participation in advanced features, and staking activity within the Jupiter DAO. A total of 2.3 million wallets are eligible, including 2 million swap users categorized into five tiers based on trading volume, and 320,000 expert traders recognized for using advanced features. 85 million JUP will be allocated to expert traders. Staking investors in the DAO will receive 37.5 million JUP proportionally based on staking amounts, with active DAO participants or 'Super Voters' sharing an additional 37.5 million JUP.
Future Plans
In 2025, Jupiter plans to distribute 4.25 billion JUP tokens, including incentives for swap users, expert traders, and staking participants. The community is encouraged to provide feedback to further refine the distribution plan.
By conducting a massive airdrop, Jupiter aims to foster vibrant engagement and innovation within its community. The organizers welcome the community's suggestions to help enhance this distribution plan.
