Jupiter

Memecoin

<ul>
 <li>Jupiter Exchange’s ASR rewards JUP holders for active staking, boosting voting power and participation.</li>
 <li>The new Ape dApp allows memecoin trading with secure vaults, rug-checkers, and real-time monitoring.</li>
 <li>ASR and Ape aim to enhance user engagement, offering JUP airdrops and innovative trading features.</li>
</ul>
Jupiter Exchange has announced the <a href="https://cryptonewsland.com/jupiter-exchange-distributes-60m-in-staking-rewards-to-jup-dao-participants/" rel="noopener noreferrer nofollow">availability of Active Staking Rewards</a> (ASR) for its users. Participants can now claim their rewards, which will be added to their existing stakes.&nbsp;
However, those who are currently unstaking must cancel their stake or wait until the unstaking process is complete to claim their rewards. The reward tokens include JUP, ZEUS, UPT, SHARK, and WEN, with JUP being automatically staked to increase voting power.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 You can now claim your ASR rewards!<a href="https://t.co/LOCSp7xZgT" rel="noopener noreferrer nofollow">https://t.co/LOCSp7xZgT</a> As a reminder, the JUP will be added to your stake. If you are currently unstaking, you have to cancel your stake or wait for it to be completed before claiming. The rest of the tokens (ZEUS, UPT, SHARK, WEN) can be…— Jupiter <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fa90.png" alt="🪐" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@JupiterExchange) <a href="https://twitter.com/JupiterExchange/status/1809574396434215149?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 6, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
Key Objectives of ASR
The ASR program was designed with specific goals in mind. It aims to reward the most active participants with <a href="https://coinmarketcap.com/currencies/jupiter-ag/" rel="noopener noreferrer nofollow">JUP tokens</a>, thus allowing them to gain more voting power.&nbsp;
The second objective is to boost participation across the platform rather than just lock up the most JUP. Lastly, simplicity was prioritized to onboard a large user base, especially those new to governance participation.
Claiming ASR Rewards
The first batch of ASR rewards will be distributed in July, following the end of the March to June period. Upon claiming, JUP tokens will be added to users’ staked balances, provided they are not in the process of unstaking. If users are currently unstaking, they must complete or cancel the process to claim their rewards.
The ASR program is part of an ongoing experiment to keep DAO voters engaged and active in proposal voting. Over the first six months, 100 million JUP tokens will be distributed as launchpad fees.&nbsp;
The long-term vision includes running the ASR program indefinitely to align stakeholders and onboard new DeFi voters. This initiative aims to drive community decision-making for the growth of the Jupiverse.
New Memecoin dApp Launch: Ape
In related news, <a href="https://cryptonewsland.com/jupiter-universe-braces-for-token-launches-and-governance-votes-whats-next-for-crypto-sustainability/" rel="noopener noreferrer nofollow">Jupiter Exchange has launched</a> a new memecoin dApp named Ape. This platform allows users to print and trade APE memecoins while farming JUP airdrops.&nbsp;
Ape includes features such as a secure vault, a built-in rug-checker for coins, and support for various coins from Orca, Raydium, and Meteora. The dApp optimizes trades by dynamically setting slippage and retrying transactions if necessary.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> just launched a new Memecoin dApp! Print 100x on APE memecoins + farm <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JUP</a> airdrop at the same time. Full guide on how to get your lifechange with Ape and Jupiter<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/xbxxOHCHmp" rel="noopener noreferrer nofollow">pic.twitter.com/xbxxOHCHmp</a>— 0xNobler (@CryptoNobler) <a href="https://twitter.com/CryptoNobler/status/1809638978263609744?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 6, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
Ape offers unique advantages for memecoin traders. It enables real-time monitoring of new tokens and early purchases, potentially leading to higher returns. The platform’s built-in tools, such as the rug-checker, ensure secure transactions.&nbsp;
Additionally, users can earn JUP airdrops by interacting with Ape, making it a promising tool for those looking to maximize profits in the memecoin market. Jupiter Exchange’s <a href="https://www.jupresear.ch/t/asr-active-staking-rewards-notes/12032" rel="noopener noreferrer nofollow">ASR program</a> and the new Ape dApp represent significant advancements for the platform.&nbsp;
ASR aims to reward active participants and encourage broader engagement, while Ape provides innovative features for memecoin trading. These initiatives highlight Jupiter Exchange’s commitment to enhancing user experience and driving community participation.
<h4 class="wp-block-heading" id="h-read-also">Read also</h4>
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/jupiter-exchange-distributes-60m-in-staking-rewards-to-jup-dao-participants/" rel="noopener noreferrer nofollow">Jupiter Exchange Distributes $60M in Staking Rewards to JUP DAO Participants</a></li>
 <li><a href="https://cryptonewsland.com/apecoin-price-prediction/" rel="noopener noreferrer nofollow">ApeCoin Price Prediction 2023 to 2031: Is 10X EOY Price Possible?</a></li>
 <li><a href="https://cryptonewsland.com/what-is-apecoin-benefits-use-cases-and-more/" rel="noopener noreferrer nofollow">What Is ApeCoin? Benefits, Use Cases, and More</a></li>
 <li><a href="https://cryptonewsland.com/will-bullish-trend-continue-in-apecoinape-market/" rel="noopener noreferrer nofollow">Will Bullish Trend Continue in ApeCoin(APE) Market?</a></li>
 <li><a href="https://cryptonewsland.com/ape-terminal-exposed-as-scam-the-project-allegedly-rigged-all-idos/" rel="noopener noreferrer nofollow">Ape Terminal Exposed as Scam, the Project Allegedly Rigged All IDOs</a></li>
</ul>
The post <a href="https://cryptonewsland.com/jupiter-exchange-offers-active-staking-rewards/" rel="noopener noreferrer nofollow">Jupiter Exchange Offers Active Staking Rewards and Launches Ape Memecoin dApp for Huge Profits</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

Jupiter Exchange Offers Active Staking Rewards and Launches Ape Memecoin dApp for Huge Profits

Crypto News Land

Altri articoli pubblicati su 7 lug 2024

Cardano Milestone: Plutus Script Validates CIP25 Metadata, Enhances NFT AMMs

127 Million JASMY Coins Bought by Investors in Five Days, What’s Driving the Surge?

German Lawmaker Joana Cotar Advocates for Bitcoin Amid CBDC Debate

FTX Fallout: SBF Family Implicated In $100 Million Political Donation Scheme

Move Over Solana: 4 Cryptos Forecasted to Redefine the Crypto World in 2024

AI reimagines “The Fifth Element” as a 1950s sci-fi masterpiece

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!