Community Token

Jupiter

when

<h4>Every crypto enthusiast interested in new opportunities must have heard about JUP airdrops. You may also have come across <a href="https://www.jupresear.ch/t/rollover-unclaimed-jup-from-jupuary-1-into-jupuary-2/19741" target="_blank" rel="noopener noreferrer nofollow">JUPUARY 1</a> when JUP airdropped 175 million dollars worth of tokens to its community members.</h4>
JUP is getting ready for JUPUARY 2 and more JUP Airdrops.
<h5>The Massive $1.75 Billion Airdrop</h5>
Since the start of January 2024, most of the launched and <a href="https://www.coingecko.com/en/coins/jupiter" target="_blank" rel="noopener noreferrer nofollow">$JUP tokens</a> have gone to the community. <a href="https://x.com/JupiterExchange" target="_blank" rel="noopener noreferrer nofollow">Jupiter Exchange</a> began distributing one billion tokens at $1.75 billion. Branded on JUPUARY 1, this airdrop was one of the biggest in crypto history. The goal? Reward loyal users and empower the community. The airdrop will be fair, giving everyone in the ecosystem a share of the massive drop.
<blockquote class="twitter-tweet">
 I made over $1,000,000 on the <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> airdrop
 Here is how you can do the same for the next 3 rounds of <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a>… <a href="https://t.co/lMxzbrEQWS" rel="noopener noreferrer nofollow">pic.twitter.com/lMxzbrEQWS</a>
 — notshort (@notxavierj) <a href="https://twitter.com/notxavierj/status/1752711809658753307?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 31, 2024</a>
</blockquote>
<h5>JUP Tokenomics: A True Community Token</h5>
It has always been about building for the community, and it is the same principle with <a href="https://tokenomist.ai/jupiter-exchange-solana" target="_blank" rel="noopener noreferrer nofollow">$JUP tokenomics</a>. The distribution was simple: for the team, the percentage was 50%, and for the community, it was another 50%. 
Since then, they have worked on the concept, but the idea is the same. Jupiter DAO even passed a proposal to reduce the $JUP supply by 30%, tightening the tokenomics and adding more value to the token holders.
<blockquote class="twitter-tweet">
 <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> has only distributed 1/4 of the total airdrop so far!
 Many got $20k+ <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> airdrop, but only 25% has been dropped.
 The next <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> airdrop will be x larger, here’s how to get it <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" style="height: 1em; max-height: 1em;"> <a href="https://t.co/ibaq8Ub7nQ" rel="noopener noreferrer nofollow">pic.twitter.com/ibaq8Ub7nQ</a>
 — 𝗰𝘆𝗰𝗹𝗼𝗽 (@nobrainflip) <a href="https://twitter.com/nobrainflip/status/1753393014830194885?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 2, 2024</a>
</blockquote>

This supply reduction comes from two sources:
<ul>
 <li> A 30% cut in ASR rewards ($900 million).</li>
 <li> $2.1 billion from team reserves.</li>
</ul>
But that’s not all — active staking rewards (ASR) are vital in keeping the ecosystem balanced.
<h5>Active Staking Rewards: How It Works</h5>
Due to this change in operations, Jupiter has offered a fresh dimension in staking in the form of <a href="https://vote.jup.ag/asr" target="_blank" rel="noopener noreferrer nofollow">Active Staking Rewards (ASR)</a>. Instead of only staking your tokens and earning rewards, you are far more participative. 
You lock your $JUP tokens and can vote in governance polls to receive the corresponding rewards. The more active you are, the more rewards you earn.
<blockquote class="twitter-tweet">
 I got $110K from 1st <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> Airdrop.
 There are still 30% of token supply allocated to the community. It’s $3 Billion.
 Here’s how to change $1 into $6,000 with <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> airdrop <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" style="height: 1em; max-height: 1em;"> <a href="https://t.co/oiJbINT5II" rel="noopener noreferrer nofollow">pic.twitter.com/oiJbINT5II</a>
 — Wimar.X (@DefiWimar) <a href="https://twitter.com/DefiWimar/status/1802774001522991519?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 17, 2024</a>
</blockquote>
<h5>Asr 1 &amp; asr 2: How Much Did You Earn?</h5>
<ul>
 <li> ASR 1 (March-June 2024): 112 people who staked 1000 $JUP and participated in eight governance polls received 263 $JUP. They also got $WEN, $ZEUS, $SHARKY and $UPROCK. This earned them 26% of their money back.</li>
 <li> ASR 2 (July-September 2024): You will run out of money after requesting 1000 $JUP of stake, joining four votes, and receiving 181 $JUP and 30 $CLOUD. This gives you a 19% return on your money.</li>
</ul>
<blockquote class="twitter-tweet">
 <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> confirmed the 2nd Airdrop!
 Jupiter allocates 30% of the total token supply to the community, amounting to $3 billion.
 I received $127k airdrop from <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a>
 Time: 15 min | Cost: $1 | Reward: $20000
 Dive into step-by-step video guide<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" style="height: 1em; max-height: 1em;"> <a href="https://t.co/0HFIaHc5uO" rel="noopener noreferrer nofollow">pic.twitter.com/0HFIaHc5uO</a>
 — Discover (@0x_Discover) <a href="https://twitter.com/0x_Discover/status/1803414095368249589?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 19, 2024</a>
</blockquote>

<h5>From Small $SOL Users to Wealthy $JUP Holders</h5>
You could have earned big even if you were an average $SOLANA user.
If, during JUPUARY 1, you achieved $10,000 in transaction volumes, you would have been eligible for a one-time 3000 $JUP airdrop. If you kept your stake and joined in ASR rewards, your amount would have grown over time:
<ul>
 <li> 3000 $JUP $ ➜ ASR 1 ➜ 3780 $JUP.</li>
 <li> 3780 $JUP → ASR 2 → AL 4498 $JUP.</li>
</ul>
This shows that by being active in the Jupiter ecosystem, you can start with $0 and end up with $4227.
<blockquote class="twitter-tweet">
 Will <a href="https://twitter.com/hashtag/Jupuary2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Jupuary2</a> happen?
 The first Jupuary was phenomenally successful for airdrop recipients. Assuming #2 gets the go ahead, here are some ideas as to maximise your airdrop potential:
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" style="height: 1em; max-height: 1em;"> Trade Spot/DCA/Limits/Perps on Jupiter <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" style="height: 1em; max-height: 1em;"> Hold <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> in wallet <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" style="height: 1em; max-height: 1em;"> Stake <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" style="height: 1em; max-height: 1em;"> Participate… <a href="https://t.co/Fmr8xXo4If" rel="noopener noreferrer nofollow">pic.twitter.com/Fmr8xXo4If</a>
 — gnarleyquinn (@gnarleysol) <a href="https://twitter.com/gnarleysol/status/1849333555765428635?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 24, 2024</a>
</blockquote>
<h5>What’s Next?</h5>
JUPUARY 2! The key is simple: stay active.
Here are some tips to maximize your rewards:
<ul>
 <li> Take part in governance.</li>
 <li> Make meaningful contributions to JUPVERSE.</li>
 <li> Use $JUP products: Jupiter’s elaborated philosophy is that the more you use their services, the more you benefit. 
 <blockquote class="twitter-tweet">
 Date of <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a>‘s 2nd Airdrop is known.
 Jupiter has confirmed the size of next Airdrop – $900M.
 Minimal cost and Huge potential reward. Guide: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" style="height: 1em; max-height: 1em;"> <a href="https://t.co/sv5ycpNOKu" rel="noopener noreferrer nofollow">pic.twitter.com/sv5ycpNOKu</a>
 — Volcat <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f431.png" alt="🐱" style="height: 1em; max-height: 1em;"> (@0xVolcat) <a href="https://twitter.com/0xVolcat/status/1802432965596831838?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 16, 2024</a>
 </blockquote></li>
</ul>
<h5>Conclusion</h5>
JUP Airdrops are about to get huge. Jupiter Exchange is giving away $1.75 billion to its users, and JUPUARY 2 is in the works with even more to offer. Whether you’re new to JUP or you’ve been staking $JUP from day one, you can make money and pitch in. Jupiter puts the community first, with fair rewards and a say in how things run, making it a platform you’ll want to join. Bottom line: Don’t sleep on JUPUARY 2.
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<h6>Disclaimer</h6>
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/jup-airdrops-1-75-billion-whats-next-for-jupuary-2/" rel="noopener noreferrer nofollow">JUP Airdrops $1.75 Billion: What’s Next for JUPUARY 2?</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.

JUP Airdrops $1.75 Billion: What’s Next for JUPUARY 2?

Altcoin Buzz

Other articles published on Oct 24, 2024

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