Approximately 1 million Solana users will receive the airdrop of 100 JUP each, the Jupiter token, a new decentralized finance protocol.
The release of the tokens, which represent 40% of the total supply, will be in 3 tranches: 20 December 2023, 20 January 2024 and 20 February 2024.
Users who have complied with two simple requirements will receive it, that of having carried out at least one transaction with a minimum value of 1000 dollars on the Solana network from 1 January 2023 until 15 November 2023 and that of being in possession of a Solana wallet compatible with the 'airdrop, like Phantom or Solflare.
Those who have made more transactions of higher value may receive more JUP.
Jupiter is one of the most exploited DeFi projects in the Solana ecosystem, because it allows you to find the best rates for a swap of a token on the chain.
Additionally, the development team has big ambitions for the protocol and plans to launch a number of features in the future, including a decentralized exchange, a lending protocol, and an automated market maker (AMM).
Another great news for Solana users, which has been on a constant rise for two months and has already announced partnerships with Visa and Shopify some time ago.