Jupiter Announces Jupuary 700M JUP Token Airdrop Event

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As a seasoned researcher with a keen interest in blockchain technology and decentralized finance (DeFi), I find the upcoming Jupuary event by Jupiter, the largest Solana DEX aggregator, incredibly intriguing. The prospect of a $590 million token airdrop is nothing short of monumental, and it’s exciting to see how Jupiter plans to distribute these tokens among its community.

In simple terms, the largest decentralized exchange (DEX) platform on Solana named Jupiter plans to distribute 700 million JUP tokens, which are valued around $590 million, during a massive airdrop in January 2025. This event is known as “Jupuary,” and it’s part of Jupiter’s strategy to expand its community and recognize contributors.

2025, as a researcher, I’m excited to share an early glimpse into our planned distribution for Jupuary. We’ve opted for a division that caters to both Users and Stakers, while also introducing the concepts of Carrots and Good Cats. This approach is designed to acknowledge and reward all members of the Jupiverse community!

— Jupiter Uplink (@jup_uplink) December 26, 2024

The distribution will benefit users, stakers, and key contributors based on activities recorded in a previously taken snapshot. Jupiter’s draft eligibility criteria include trading volume on its platform, participation in advanced features, and staking activity within the Jupiter DAO.

  • A total of 2.3 million wallets are eligible, divided into:
  • 2 million swap users, categorized into five tiers based on trading volume.
  • 320,000 expert traders, recognized for using advanced features like limit orders and perpetual swaps.
  • Staking investors and DAO participants, who will share additional rewards.

85 million units of the digital currency JUP will be distributed among skilled traders, organized into seven levels. The most successful traders might potentially earn up to 100,000 JUP for each wallet they use.

Investors who participate in staking within the Jupiter Decentralized Autonomous Organization (DAO) will be rewarded with a total of 37.5 million JUP tokens, distributed according to the amount each investor has staked. Those who actively engage in governance proposals, known as “Super Voters,” and have participated in at least 13 out of 17 proposals, will also receive an extra 37.5 million JUP tokens.

Jupiter is encouraging the use of its mobile application by providing extra incentives. Users who claim their tokens via the app and store them can earn additional rewards worth up to 190 million JUP. The rewards offered vary, with each wallet receiving between 50 and 200 JUP as a bonus.

The airdrop is intended to recognize and compensate active community participation; however, certain users have voiced their discontent concerning the significant disparity in reward levels among swap tiers. Additionally, there’s been a request for increased incentives for Jupiter Perps users, as they directly contribute to the platform via fees.

The Jupiter team welcomes input from the community, indicating that they might adjust their plan according to the feedback received.

Moving forward, it’s anticipated that the Jupiter platform will allocate a total of 4.25 billion JUP tokens throughout the year 2025. This distribution includes rewards for those using swap services, skilled traders, and individuals participating in staking activities.

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2024-12-27 14:45