Jupiter is launching a massive airdrop: 700 million JUP tokens are on the way, worth over 590 million dollars

The well-known decentralized trading platform Jupiter in the Solana ecosystem recently announced that it will launch a large airdrop plan called "JUPuary" next month, distributing a total of 700 million JUP tokens, with a total value exceeding 590 million dollars. This news has attracted significant attention from the community and is considered an important measure to enhance user participation and increase platform activity.

Airdrop details and distribution plan

According to the official disclosure from Jupiter, this airdrop will allocate 425 million JUP to users, which includes:

75 million JUP rewards: specifically reserved for staked users, with each staked JUP earning an additional 0.1 JUP as a reward.

Broad user coverage: Approximately 2.3 million eligible wallet addresses are expected to be covered, including 2 million ordinary users who have participated in Swap transactions, and 320,000 wallets marked as professional traders.

The remaining tokens will be used for other ecosystem development activities, with specific details to be announced later. It is noteworthy that Jupiter emphasizes that the current airdrop distribution plan is a draft, and adjustments may be made during implementation based on community feedback.

Token value and market impact

Calculating at the current market price, the total value of this airdrop of 700 million JUP tokens has already exceeded 590 million dollars. Such a large-scale distribution plan undoubtedly injects new vitality into the Jupiter ecosystem, while also adding interest to the market performance of JUP tokens. Analysts believe that this airdrop is likely to attract more users to join the Solana ecosystem and further promote the popularity and use of decentralized financial tools.

How can users participate?

For users who want to participate in this airdrop, it is recommended to check in advance whether they meet the criteria and actively pay attention to Jupiter's latest announcements to ensure they do not miss this rare opportunity. At the same time, users who stake JUP can also receive additional rewards, providing more incentives for token holders.

In the future, whether Jupiter will further optimize the distribution mechanism based on user feedback remains to be seen.

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