Jupiter Crypto Protocol is a swap aggregator built on the Solana blockchain that allows users to trade cryptocurrencies across various decentralized exchanges (DEXs) . It is designed to provide traders with the best price for their trades by aggregating liquidity from multiple DEXs. Jupiter’s platform offers several features such as limit orders, set and forget, bridge, as well as compare and save visuals.
Jupiter’s native token is called JUP. It is used to incentivize liquidity providers and traders on the platform. According to CoinGecko, the current value of JUP is approx 0.002 USD:
The airdrop will be carried out in 4 phases.IMPORTANT NOTE: The eligibility list includes 955,000 wallets from a snapshot taken on Nov. 2 . The airdrop features various tiers of rewards based on the volume of user swaps.
According to Bitcoin news, the Airdrop will occur as follows:
A total of 1 billion Jupiter (JUP) tokens from a total pool of 10 billion will be airdropped in 4 four phases:
- Phase 1: to reward the top 2,000 wallets, determined by their adjusted trading volume, with 100,000 tokens each.
- Phase 2: to reward 10,000 wallets with 20,000 tokens each.
- Phase 3: to reward 50,000 wallets with 3,000 tokens each.
- Phase 4: to reward 150,000 wallets with 1,000 tokens each.
Additionally, 200 million tokens will be equally divided among all 955,000 qualifying wallets, with each set to gain around 200 tokens. Moreover, a reserve of 100 million tokens is allocated for actively participating community members on platforms like Discord, X, and among developers. This airdrop was conceived to honor 955,000 distinct Solana wallets that engaged with Jupiter, acknowledging their role as early adopters. Jupiter’s strategy of tier-based allocation, coupled with adjustments for aspects such as the time frame, bot interference, and community engagement, aims to strike a balance between rewarding its most active users and maintaining inclusivity for smaller wallet holders .
This airdrop is a great opportunity for Solana wallet holders to earn Jupiter tokens, YAY!
Are you are eligible? Then you can expect to receive your tokens soon and congratulations🥳!
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