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Jupiter will issue $700 million of JUP tokens each year over the next two years, for a total of $1.4 billion

Jupiter will issue $700 million of JUP tokens each year over the next two years, for a total of $1.4 billion

CointimeCointime2024/12/09 11:22
By:Cointime

the Solana ecosystem DEX Jupiter community has passed a new round of airdrop proposals with 87% support, which will distribute a total of 700 million JUP tokens over the next two years, totaling $1.4 billion. The proposal includes several adjustments to the original plan, including the distribution of unclaimed JUP tokens to the ASR (holding incentive) reward pool, prioritizing staking users, and strengthening anti-bot measures.

Voting data shows that out of a total of 360 million votes, approximately 313 million votes supported the proposal. The new plan will focus on actual participants in the ecosystem, considering key indicators such as user holding, participation, and usage frequency. This proposal is Jupiter's second attempt to launch a new round of airdrop plans, as the first proposal did not pass. The vote began on December 4th and ended on the 8th.

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