Jupiter Airdrop: All You Need to Know
Jupiter ($JUP) Airdrop 101
- Jupuary: Final Sprint: Go to Jupiter
Jupiter Airdrop: All You Need to Know
The Jupiter team has exciting news for its community! They've recently unveiled details about an upcoming airdrop program, and it's time to get ready for some JUP tokens. Let's dive into the specifics:
What is the JUP Airdrop?
Jupiter, a decentralized exchange (DEX) aggregator on Solana, is gearing up for a significant event: the JUP token airdrop. But what exactly is JUP? It's the official governance token of the Jupiter ecosystem, and it's about to find its way into the wallets of eligible users.
Tokenomics and Rounds
- Total JUP Tokens: 10 billion
- Airdrop Allocation: 4 billion JUP tokens (40% of total supply)
- Distribution Mechanism: Four airdrop rounds
Round 1: The Kickoff
The first round of the JUP airdrop is scheduled for Wednesday, January 31st. Nearly 1 million early users will benefit from this initial distribution. If you've been active on Jupiter, keep an eye out for your share!
How Will the Airdrop Be Split?
Equal Distribution: 20% of the airdrop allocation will be divided equally among all qualifying wallets. So, regardless of your wallet size, you'll receive a fair portion.
Social Media Bonus: If you're a social butterfly, you're in luck! 10% of the airdrop is reserved for community members who actively engage on social media platforms.
Transaction Volume Matters: The remaining 70% of the airdrop will be distributed based on the volume transacted on the Jupiter platform. The more you've traded, the more JUP tokens you'll receive.
OG Bonus
For those who've been with Jupiter since the early days, there's an OG Bonus. If you transacted at least $10 on Jupiter before the end of March 2022, you're eligible for an extra treat.
Check Your Allocation
Curious about how many JUP tokens are coming your way? Head over to Jupiter's official airdrop checker to find out.
Stay Informed
Want more details? Read the project team's official announcement about the JUP token airdrop. It's an exciting time for the Jupiter community, so stay tuned!
Remember, this airdrop is a fantastic opportunity to get involved in the Jupiter ecosystem and be part of its growth. Don't miss out! 🚀🌟
Source: Written with Bing, 1/30/2024
(1) Jupiter Airdrop Guide: All You Need to Know About the JUP Airdrop on Solana. https://blog.quicknode.com/jupiter-airdrop-guide-all-you-need-to-know-about-jup-airdrop-on-solana/.
(2) Understanding Jupiter’s tokenomics ahead of its first airdrop. https://blockworks.co/news/jupiter-airdrop-tokenomics.
(3) Decentralized Exchange Jupiter (JUP) to airdrop four billion-tokens in 2024. https://www.msn.com/en-us/money/other/decentralized-exchange-jupiter-jup-to-airdrop-four-billion-tokens-in-2024/ar-AA1lFPHz.
(4) Jupiter airdrop: The JUP token guide - phantom.app. https://phantom.app/learn/crypto-101/jupiter-jup-airdrop.