💥💥Solana-Based DEX Revises $1.6 Billion Airdrop Plan 💥💥
Jupiter, a decentralized exchange (DEX) operating on the Solana network, has decided to revise its airdrop plan after failing to reach a 70 percent super majority in the community vote.
The initially proposed plan called for a total of $1.6 billion worth of JUP tokens to be distributed to platform users in different stages.
This week, the proposal, submitted by Jupiter co-founder Meow, known by his pseudonym, was put to a community vote in the Jupiter DAO. According to this proposal, two separate airdrops would be held in January, distributing a total of $1.6 billion worth of JUP tokens.
In the vote, which was held with a voting power of 364 million JUP, 58 percent of the votes were in favor of the distribution. However, this rate did not meet the 70% super majority requirement.
“We will be holding a second vote as we aim for a 70% super majority. This uncertainty can be tiring and can affect community sentiment. However, if we unite around a plan, we will move forward much stronger,” Meow said in a statement on the X platform.
Before the second vote, Meow and his team will prepare a new proposal, taking into account the feedback from users who opposed the first vote. The new proposal is expected to be put to a vote again next week.
Jupiter community user Juanortuzar.sol commented on the proposal forum, “I think the idea of ‘making the pie bigger’ with Jupuary is great. If the amount is different, I will vote ‘yes’ without hesitation.”
It is stated that the total amount of JUP (1.4 billion tokens) and some other details can be changed in order to gain community support.
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