Crypto Airdrop: Jupiter aggregator distributes its JUP tokens on Solana
Jupiter is a central protocol in the Solana ecosystem. Indeed, it is the main DEX aggregator on Solana, with a trading volume that nearly reached 1 billion dollars in October.
Now, the protocol is evolving with the launch of its own token, JUP. In total, 10 billion tokens will be created. In practice, out of these 10 billion, 40%, or 4 billion JUP tokens, will be distributed to the community through 4 rounds of airdrops.
In this initial announcement, the pseudonymous founder Meow explains that the first round aims to reward the early users of the protocol. Therefore, 10% of the supply, or 1 billion JUP, will be distributed in this round. In this regard, 955,000 addresses are eligible for having interacted with the protocol before November 2, 2023.