This key event signals a major milestone for Jupiter DAO, readying to vote on the platform’s first two launches.
This initiative from Jupiter Exchange underscores the platform’s commitment to fostering innovation and community engagement within the blockchain ecosystem.
Jupiter DAO Readies for Inaugural Project Votes
The LFG launchpad boosts new projects with the exposure and support needed for success in the crypto market. The launchpad enables new projects to access Jupiter Exchange’s extensive investor network and receive crucial support.
LFG Launchpad Voting Will Start Next Week!
Besides the airdrop and launchpool mechanisms, LFG is also pioneering a launchpad process where the community takes a leading role in discussing, vetting, voting and performing post-launch analysis together.
Since applications begun… pic.twitter.com/ipxjMkIthF
— meow 🥧 (@weremeow) February 28, 2024
To maximize voter turnout and participation, Jupiter Exchange has introduced an innovative incentive mechanism. A staggering 75% of the fees generated by the launchpad will be distributed to those who partake in the voting process. This initiative is designed to reward active participation and encourage a high level of engagement from the DAO members.
Distributing launchpad fees to voters underscores Jupiter Exchange’s dedication to fairness and inclusivity. It reflects an understanding that the community’s involvement is crucial to the success of the projects launched and the platform as a whole.
More About Jupiter
Today at 3:30 pm UTC, Jupiter is set to host another edition of the Planetary Call, an event eagerly anticipated by the community. This session will delve into an exciting agenda, focusing on the latest product updates and insights into the LFG launchpad. Additionally, the call will spotlight two of Jupiter’s partners, Bbirdeye and Sphere, showcasing their contributions and collaborations.
Join us for another edition of the Planetary Call!
This week, we have @benliewxyz & @sssionggg sharing about product updates, @KEMOS4BE sharing about LFG and our esteemed partners @birdeye_so & @sphere_labs making an appearance!
We'll be doing these calls every week! https://t.co/zsuAnRPiil
— Jupiter 🪐 (@JupiterExchange) February 28, 2024
Finally, this event offers a chance for attendees to learn about Jupiter’s ecosystem, connect with major projects, and grasp the partnerships driving its future.
Disclaimer
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