đšAIRDROP CRYPTO: AGGREGATOR JUPITER DISTRIBUTES ITS JUP TOKENS ON SOLANA
â New airdrop â Clearly, airdrop season seems to be underway. Recently, the NFT Blur platform distributed its second airdrop. If you weren't eligible, you might catch up on the Jupiter airdrop on Solana.
đšTHE JUPITER PROTOCOL ANNOUNCES AN AIRDROP
â Jupiter is a central protocol in the Solana ecosystem. Indeed, it is the leading DEX aggregator on Solana, with a trading volume that almost reached $1 billion in October.
â Now, the protocol is evolving with the launch of its own token JUP. In total, 10 billion JUP tokens will be created. In practice, of these 10 billion, 40%, or 4 billion tokens, JUP will be distributed to the community via 4 rounds of airdrops.
â In this first announcement, pseudonymous founder Meow explains that the first round will aim to reward early adopters of the protocol. As a result, 10% of the supply, or 1 billion JUP, will be distributed during this round. As such, 955,000 addresses are eligible to have interacted with the protocol before November 2.
â Newer users of the protocol, meanwhile, will have to wait for the next rounds of distributions.
đšELIGIBILITY RULES
â To be eligible for this distribution, users had to have interacted with Jupiter before November 2. In addition, multipliers are added to this basic allocation based on several criteria:
â Welcome gift: $200 JUP for everyone, regardless of level.
â OG Bonus: $500 JUP for >$10 volume on Jupiter V1.
â Tier: Portfolios are ranked by final score and divided into 5 tiers. The first 2,000 are at level 1, the next 10,000 at level 2, the next 50,000 at level 3, the next 168,000 at level 4 (cumulative of the first 230,000), and the rest at level 5.
â Recurrence: 1.2x your total volume for non-bots that have traded at least 6 different months.
â 2023 multiplier: 2x your 2023 volume for non-bots who made at least one transaction before 2023.
â DCA & Order Limit: 5x your DCA & Order Limit volume.