JUP Airdrops $1.75 Billion: What's Next for JUPUARY 2?

Every crypto enthusiast interested in new opportunities must have heard about JUP airdrops. You may also have come across JUPUARY 1 when JUP airdropped 175 million dollars worth of tokens to its community members.

JUP is getting ready for JUPUARY 2 and more JUP Airdrops.

The Massive $1.75 Billion Airdrop

Since the start of January 2024, most of the launched and $JUP tokens have gone to the community. Jupiter Exchange began distributing one billion tokens at $1.75 billion. Branded on JUPUARY 1, this airdrop was one of the biggest in crypto history. The goal? Reward loyal users and empower the community. The airdrop will be fair, giving everyone in the ecosystem a share of the massive drop.

JUP Tokenomics: A True Community Token

It has always been about building for the community, and it is the same principle with $JUP tokenomics. The distribution was simple: for the team, the percentage was 50%, and for the community, it was another 50%.

Since then, they have worked on the concept, but the idea is the same. Jupiter DAO even passed a proposal to reduce the $JUP supply by 30%, tightening the tokenomics and adding more value to the token holders.

This supply reduction comes from two sources:

  • A 30% cut in ASR rewards ($900 million).
  • $2.1 billion from team reserves.

But that’s not all — active staking rewards (ASR) are vital in keeping the ecosystem balanced.

Active Staking Rewards: How It Works

Due to this change in operations, Jupiter has offered a fresh dimension in staking in the form of Active Staking Rewards (ASR). Instead of only staking your tokens and earning rewards, you are far more participative.

You lock your $JUP tokens and can vote in governance polls to receive the corresponding rewards. The more active you are, the more rewards you earn.

Asr 1 & asr 2: How Much Did You Earn?
  • ASR 1 (March-June 2024): 112 people who staked 1000 $JUP and participated in eight governance polls received 263 $JUP. They also got $WEN, $ZEUS, $SHARKY and $UPROCK. This earned them 26% of their money back.
  • ASR 2 (July-September 2024): You will run out of money after requesting 1000 $JUP of stake, joining four votes, and receiving 181 $JUP and 30 $CLOUD. This gives you a 19% return on your money.

From Small $SOL Users to Wealthy $JUP Holders

You could have earned big even if you were an average $SOLANA user.

If, during JUPUARY 1, you achieved $10,000 in transaction volumes, you would have been eligible for a one-time 3000 $JUP airdrop. If you kept your stake and joined in ASR rewards, your amount would have grown over time:

  • 3000 $JUP $ ➜ ASR 1 ➜ 3780 $JUP.
  • 3780 $JUP → ASR 2 → AL 4498 $JUP.

This shows that by being active in the Jupiter ecosystem, you can start with $0 and end up with $4227.

What’s Next?

JUPUARY 2! The key is simple: stay active.

Here are some tips to maximize your rewards:

  • Take part in governance.
  • Make meaningful contributions to JUPVERSE.
  • Use $JUP products: Jupiter’s elaborated philosophy is that the more you use their services, the more you benefit.

Conclusion

JUP Airdrops are about to get huge. Jupiter Exchange is giving away $1.75 billion to its users, and JUPUARY 2 is in the works with even more to offer. Whether you’re new to JUP or you’ve been staking $JUP from day one, you can make money and pitch in. Jupiter puts the community first, with fair rewards and a say in how things run, making it a platform you’ll want to join. Bottom line: Don’t sleep on JUPUARY 2.

Disclaimer

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