The #Jupiter(JUP) aggregator has launched another campaign focused on active staking rewards. The goal of this initiative is to engage the community in voting while distributing JUP and other tokens.

For this new round of voting and staking, Jupiter DEX has prepared a total of 50 million JUP and 7.5 million CLOUD tokens. This round is open until December 31 and includes the results of previous community votes. The project encourages both organic and incentivized participation. The platform offers various trading tools that can be used as part of airdrop tasks. However, it remains unclear whether the project will focus more on Jupuary or on active staking rewards (ASR).

Rewards Will Remain Locked

Rewards from the campaign will be locked as part of the user’s staking balance. CLOUD tokens and other #Cryptocurrencies from the LFT launchpad will be distributed directly to users. Jupiter also aims to involve as many users as possible in voting and active participation, rather than simply holding JUP tokens. The project is also redistributing the remaining JUP tokens from the 2024 Jupuary campaign into active staking rewards.

The Importance of Active Staking

Active staking rewards (ASR) are added to users’ existing staking balances and can be unlocked after a 15-day cooldown period. Jupiter is seeking to balance the release of new tokens with their gradual introduction to the market. The community also faces the decision of whether to prioritize higher rewards or a rarer JUP token with more staking and locking.

The ASR program began with six-month periods and offers up to 100 million tokens. Its goal is to encourage long-term engagement from users who are interested in the ecosystem and reward them with more JUP tokens. By doing so, Jupiter aims to prevent the rapid sale of tokens on the open market and strengthen its value on the Solana blockchain.

Balancing Community and Team Staking

Jupiter is trying to balance staking between the community and the team, with both controlling 40% of the total token supply. So far, activities such as airdrops, ASR, and Jupuary have driven demand for the JUP token.

Growth of JUP Thanks to Meme Token Trading

JUP’s price has recently ranged between $1 and $1.70, with a value around $0.95 as of October 21. The token has unlocked over 67% of its available supply and is now focusing on stabilizing its value to avoid a price decline.

Jupiter ranks among the four largest applications on Solana, with more than $1.41 billion locked in its ecosystem. The growth of activity on Jupiter reflects the expansion of the Raydium platform, which increased its value by 73% in the past month. The Solana ecosystem overall is showing positive growth, with over $6.26 billion locked in the network.

Jupiter and Trading on Solana

Solana generates approximately $2.5 billion in daily DEX trades, with Jupiter accounting for about $1.2 billion. Most of these trades are processed by automated market makers, while a smaller portion uses order books. Many active addresses on Solana show daily transactions worth less than $10, with most activity focused on Raydium. Some of these addresses are even considered spam or small-volume transactions.

Jupiter Aims for Mass Adoption

Jupiter is working to expand its influence within the Solana ecosystem and drive mass adoption among retail users, particularly through small transactions related to meme tokens. The platform focuses on solving key issues like slippage, failed transactions, and fee optimization.

Jupiter offers spot and perpetual futures trading and provides all of its services through mobile apps. Recently, it added ApePro, a professional terminal for meme coin trading, and for developers, it offers liquidity data access via the Metropolis API. The platform also supports the LPG launchpad, ensuring fair token distribution and fostering valuable partnerships.

Jupiter as a Key Player on Solana

Over the past year, Jupiter has evolved from a small experimental app into one of the pillars of the #Solanaecosystem .

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