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Jupiter to release JUP token with 40% airdrop to community

Jupiter, a Solana DEX, is releasing its own token.

Users who traded Stepn’s GST or GMT on Jupiter may be eligible for a JUP airdrop.

Details will be added later.

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Jupiter JUP token details

Jupiter JUP token details

  • Token allocation: 40% airdrop in 4 rounds
  • 20% token sale (with lockup period)
  • 40% team & reserve (vested)
  • Phase 1: Community (955k users, criteria TBD) & Growth (incentive) airdrop, locked public token sale
  • Phase 2: DAO establishment
  • Phase 3: Token launch

Key points of Jupiter JUP token airdrop

  1. Allocation:
    • To be confirmed on the official airdrop site, which will be released next week.
    • Snapshot: 2023-11-02
    • Wallets eligible: 955,000 wallets, including past Jupiter users. Future airdrops for new users are also planned.
    • $JUP supply: 10 billion tokens
  2. Distribution method:
    • Divided into multiple tiers based on trading volume and activity.
    • A coefficient is applied to promote smaller wallets to higher tiers based on their trading volume in 2023.
  3. Distribution breakdown:
    • Equal distribution to all wallets (2%)
    • Slanted distribution based on trading volume (7%)
    • Special distribution to community members (Discord, Twitter, Dev) (1%)
  4. Estimated distribution:
    • Tier 1: Top 2,000 people – 100,000 tokens each (estimated trading volume > 1M)
    • Tier 2: Next 10,000 people – 20,000 tokens each (estimated trading volume > 100K)
    • Tier 3: Next 50,000 people – 3,000 tokens each (estimated trading volume > 10K)
    • Tier 4: Next 150,000 people – 1,000 tokens each (estimated trading volume > 1K)
  5. Airdrop schedule:
    • Airdrop is planned for 40% of the supply, in 4 rounds.
    • This airdrop is for the first 10%.

How to check JUP token airdrop amount for Jupiter

Stepnユーザーにエアドロップ!?JupiterのJUP Airdoropが確定

JUP token airdrop can be checked on the official website.

>>https://airdrop.jup.ag/

Access the address above and connect your wallet to see the number of tokens you have earned.

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