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Jupiter is a Solana-based DeFi aggregator set to impact the cryptocurrency scene with its upcoming activities significantly. First, the scheduled JUP token airdrop on January 31, distributing one billion tokens to eligible Solana DeFi users, is expected to reach nearly a million crypto wallets. #Solana-SOL #JUPairdrop #BTC #trendingtoday

Here’s When to Expect the Jupiter JUP Airdrop for Solana DeFi Users

Jupiter’s airdrop draws nearer and nearer. Here’s when the Solana DEX aggregator plans to launch JUP to the community.

It can be tough to keep track of all of the token airdrops on the horizon, but there’s one of particular interest to Solana users: the launch of JUP, the token of decentralized exchange (DEX) aggregator Jupiter.

On Tuesday, pseudonymous founder Meow said to expect the token airdrop during the last week of the month following a fair bit of additional prep in what it has dubbed “Jupuary.”

“Given the extensive amount of work, we expect launch day to be in the 4th week of Jupuary,” Meow tweeted. “Let's work on it together.”

The planned launch will follow three weeks of sorting out final details with the community.

Jupuary Kickoff: Let's launch JUP together!

Long essay ahead, no TLDR. If you can trade you can read*

The month of Jupuary will be a month of learning. We will learn how to launch JUP together as a community, learn how to improve the infra for high stress events, and be a great… pic.twitter.com/fGYEmz8Yvb

— meow 🥧 (@weremeow) January 2, 2024

In November, Jupiter said that nearly a million Solana wallets are eligible for the JUP airdrop. Jupiter launched an allocation check website in early December, but users cannot claim tokens until the actual airdrop begins later this month.

Jupiter will give out a total of 4 billion JUP tokens—that’s 40% of the total supply—across four drops, with a billion tokens set for the initial wave. Users have been allocated shares of tokens based on factors like their trading volume on the aggregator and how often they used the platform.

Jupiter’s airdrop comes following recent Solana token drops for Jito and Pyth Network. Another airdrop for Solana users, Dymension, was was announced Tuesday.
#JUPairdrop #SolanaAirdrop #JupiterAirdrop #Defi #CryptoScoop