There will be approximately $580 million in JUP tokens for traders, collaborators, and supporters known as “Carrots and Good Cats”
The Jupiter team, a decentralized exchange (DEX) aggregator based on the Solana network, announced this week a new airdrop of its JUP token. According to the statement, 700 million coins will be distributed in the event dubbed ‘Jupuary’ — an allusion to January, the month of the airdrop.
As per the distribution schedule, Jupiter will award 500 million JUP tokens on a fixed basis per wallet to regular traders, stakers and network contributors, and prominent community supporters called “Carrots and Good Cats.” The remaining 200 million will go to new users, based on a previously taken snapshot.
Regarding eligibility to receive Jupiter tokens, the team considers the trading volume across all of the aggregator's products over the past year.
According to this draft proposal, users with a minimum annual volume of $800 would receive at least 50 tokens, while those with $29,000 would receive 250 tokens, among other allocations. There are 2.3 million eligible wallets.
The schedule, however, could still change before the event, as the team has stated that they are still finalizing the specific criteria for the airdrop, and there are ongoing discussions in the community about eligibility guidelines.
Project Jupiter
Launched in October 2021 by the pseudonymous “Meow,” Jupiter aggregates liquidity from multiple DEXs on the Solana network — ensuring users find favorable rates for token swaps, as well as other services.
The aggregator platform recorded a trading volume of over $2.3 billion in the last 24 hours, with the JUP token trading at $0.80, according to data from the Coingecko platform.
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