This article was compiled from a long-form twitter thread. To read the original, visit this link: https://x.com/inv515/status/1892592548067061890
@JupiterExchange is Solana’s current DEX king.
Swaps, perps & limit orders are all fire. The JUP token is currently chilling at $0.75 now, but $5 in 5 years by 2030?
There's a moonshot to discuss over a thread.
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Most people would agree that as things currently sit, JUP is a bargain.
At under $1, there's plenty of wriggle room for price movement.
More than a few people have stacked their airdrop bags as believers in significant future growth.
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Now, we have future buybacks inbound, revenue is up & perps/swap have turned into cash cows.
If there ever was going to be a time to make a bigger play for the future, you could do worse than now.
There's something to be said for ignoring the FUD & just building.
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Nothing good happens without a plan & here's how the team intend to do it.
Using a mixture of community + personal funds, 500 million $JUP will be put into play to help achieve the goal.
This is a long-term flex by the team that shows they're playing the long game
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The stakes are pretty high though. If the price isn't able to make it to the $5 mark, then Meow takes a huge hit personally.
This might be the play of the cycle but there's no denying, it's a risky move.
Can't grab success with no skin in the game though right?
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It's an exciting idea but things aren't set in stone yet.
For this to happen, it'll take a community vote as well as some organising to kick things off.
If you have got $JUP staked, you have skin in this game too. So, don't forget to vote.
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There ain't no good financial advice here (heck, it isn't even good advice) but it's been said before & we'll say it again.
Jupiter is going to change lives.
It's one of the central products that is key to Solana's ongoing growth.
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If you aren't in on Jupiter, aren't participating in votes & don't have any JUP staked then I have only one question.
Why, Why, Why?!
It's not too late to fix it though. You can still get JUP for under $1 at the moment, but you gotta be quick!
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If you need any more incentives, don't forget that each quarter you'll receive an Active Staking Rewards (ASR) bonus.
To get this, you'll need to have staked JUP & participated in the governance votes.
ASR is the easiest way to score free JUP. You just have to turn up.
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Like this thread? Each week, we cover plenty of interesting projects & airdrops with
All the good stuff goes to the telegram channel so you should join there too.
End of Thread
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