Jupiter Exchange Unveils DAO Voter Rewards

Users who voted on JUP DAO proposals in the past three months will receive ASR rewards.

These rewards are based on their staked JUP and voting activity. Let’s discover more about Jupiter exchange.
Earn ASR Rewards for Active Participation

The reward pool for this program is substantial, encompassing a diverse range of tokens: 50 million $JUP, 7.5 billion $WEN, 7.5 million $ZEUS, 7.5 million $UPT, and 750,000 $SHARK. This initiative not only incentivizes active engagement within the JUP DAO.

Also, it aims to enhance the overall ecosystem by distributing a variety of tokens. Here are some key aspects of this reward distribution include:

  1. Automatic Staking of $JUP: The $JUP rewards will be automatically staked. This means that recipients won’t need to take any action to stake their $JUP. This ensures a seamless integration into their existing staking activities. This will let users immediately start earning further rewards.
  2. Claimable Tokens: The other tokens, including $WEN, $ZEUS, $UPT, and $SHARK, will be claimable via the upcoming ASR page. This dedicated page will provide users with a straightforward interface to claim their rewards.
  3. Unstaking Conditions: Users unstaking $JUP must wait until it’s complete or cancel to claim their ASR. This stipulation ensures that only those actively engaged and committed to the ecosystem are eligible for the rewards.

Source: X
More About Jupiter’s Rewards

By linking rewards to voting activity and staked tokens, the platform ensures that those who contribute to the decision-making process and the overall health of the DAO are recognized and incentivized. This aligns with broader trends in the DeFi space, where active participation and governance are increasingly rewarded.

Source: X

For users looking to maximize their rewards, it is essential to remain active in DAO voting and maintain their staked positions. The ASR page, once launched, will provide further details and instructions on how to claim the various tokens.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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