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CDS Airdrop & Listing BASIC INFORMATION ABOUT THE $JUP TOKEN AIRDROP FROM JUPITER EXCHANGE

Airdrop & Listing

BASIC INFORMATION ABOUT THE $JUP TOKEN AIRDROP FROM JUPITER EXCHANGE

Emre Aktas05/12/20231 Mins read265

BASIC INFORMATION ABOUT THE $JUP TOKEN AIRDROP

Table of Contents

$JUP TOKEN AIRDROP

Jupiter Exchange, based on the Solana network, recently announced at the Solana Breakpoint 2023 event in Amsterdam, Netherlands, that it would be launching a token named $JUP and conducting an airdrop to a total of 955,000 wallets in four rounds. Details about the airdrop are gradually emerging.

The founder of Jupiter Exchange shared some basic information about the airdrop on their social media X account. According to the exchange founder’s post, next week a website will be launched where wallets can find out how many tokens they are entitled to. Also, the total supply of the $JUP token will be 10 billion.

It was stated that 955,000 wallets that interacted directly with Jupiter Exchange before November 2nd would receive the airdrop. Users who transacted after November 2nd will be eligible for rewards in subsequent airdrop rounds.

All users and wallets that interacted with Jupiter Exchange, through its many integrations, will be included in the airdrop if the transaction was directly signed by the user. A total of 40% of the total supply will be allocated to the community across four airdrop rounds. In the first round of the airdrop, 1 billion tokens (10% of the total supply) will be distributed. Another airdrop round will be organized before the token launch.

200 MILLION TOKENS TO BE DISTRIBUTED EQUALLY ACROSS ALL WALLETS

Of the 1 billion tokens to be distributed in the first round, representing 10% of the total supply, will be distributed in three ways. 2% (200 million tokens) will be distributed equally across all eligible wallets, 7% (700 million tokens) will be distributed based on volume-weighted point system, and 1% (100 million tokens) will be given to community members on Discord, Twitter, and developers.

Each eligible wallet will receive at least 200 $JUP tokens as an airdrop. These are the details I wanted to convey for now.

Detailed Jup Token Airdrop information post by the founder of Jupiter Exchange: https://twitter.com/weremeow/status/1724855485507981454