“Jupuary” Airdrop Details
Jupiter, Solana’s largest decentralized exchange aggregator, will distribute 700M JUP tokens (worth $580M) in January. Eligible users, stakers, and contributors will benefit, with allocations based on a prior trading volume snapshot.Eligibility Criteria and Community Support
Draft criteria propose rewards for users with a minimum $800 annual trading volume, incentivizing active participation. Airdrop recipients will include prominent community supporters, dubbed “Carrots and Good Cats.”Reducing Maximum Token Supply
Jupiter plans to burn over 3B tokens, cutting its maximum supply from 10B to 7B. This decision, approved by the community, aligns with efforts to maintain token value. Last year, Jupiter airdropped 1B tokens based on swap volume.Platform Growth and Impact
Launched in 2021, Jupiter aggregates liquidity from Solana’s DEXs, providing competitive swap rates and perpetual trading. With a reported 24-hour trading volume of $2.3B, the platform is solidifying its position as a leading DeFi aggregator.
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