Jupiter$JUP DEX will conduct a large-scale distribution of JUP tokens in January 2025: users, stakers, and contributors will receive 700 million tokens worth approximately 580 million dollars. This event, called "Jupuary," aims to enhance community participation and support the development of the platform's ecosystem.
The initiative is aimed at stimulating activity in the Jupiter ecosystem. Of the total token supply, 500 million will be distributed equally among wallets, while the remaining 200 million are intended for additional rewards and bonuses for the most active community members.
Additionally, as part of the strategy to optimize the circulation of Jupiter tokens, DEX intends to reduce the maximum supply from the current 10 billion to 7 billion, which implies burning over 3 billion tokens. This decision was unanimously supported by the platform's community back in August 2024.$BTC $GMT #BtcNewHolder