Jupiter embodies a set of Ethos and Values, with $JUP serving as an incredibly valuable resource used to fuel the growth of Solana DeFi, Jupiter, and bring forth the decentralized meta.

Therefore, maintaining the highest levels of accountability and transparency is crucial to us. This research post will outline everything you need to know about the $JUP token and how it is managed.

$JUP Token Supply

$JUP Mint: JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN

Tokens Minted: 10 Billion

Mint Authority Burnt: TXID

Freeze Authority Burnt: TXID

Token Distribution Plan

As announced in Jupuary Kickoff 157, this is the token distribution plan:

  1. 10B JUP tokens will be minted.

  2. The initial 10B will be split 50/50 into the Team Cold and Community Cold multisigs.

  3. From the Team Cold multisig, 1B tokens (10% of total supply) will be withdrawn for liquidity provision into Team Hot Multisig.

  4. 250M will be used in the single-sided JUP launch pool using Meteora DLMM.

  5. The rest of the tokens will be allocated to various liquidity needs over the first 1 year.

  6. From the community multisig, 1.5B tokens (15% of total supply) will be withdrawn for the first airdrop and near term community needs

In summary, there will be 2.5B of tokens available in the first year, with 7.5B tokens available in cold storage. There will be 1.35B circulating tokens at the beginning.