Jupiter Exchange, based on Solana, plans to reward its users with 700 million JUP tokens in an airdrop in January. The aim is to incentivize community participation, increase liquidity, and strengthen interaction in the Jupiverse ecosystem. The airdrop will take place before the important Catstanbul update on January 25, attracting new users and enhancing the platform’s decentralized network. The distribution will focus on trading volume, expertise, and community-driven incentives known as ‘carrots.’ Participants with leadership roles, recruiting new members, or engaging in content creation related to Jupiter will receive rewards. Half of the tokens will be allocated to the community, and the remaining half to the development team, with the team’s share vesting until 2027. To participate, users need a minimum trading volume of $800, earning them 50 JUP tokens. Eligible activities include transactions between November 2, 2023, and November 2, 2024, excluding transactions under $5, stablecoin-to-stablecoin trades, and robot activities. The airdrop will run from January 18 to 24, with transparency tools available days before. Also, during the Catstanbul event on January 26, 2025, Jupiter Exchange will burn around 30% of its tokens. Currently, Jupiter is priced at $0.95, showing a 20% growth in the past week, with a daily trading volume of $120 million, indicating increased investor interest. Ultimately, this airdrop could be one of the largest in 2025, attracting significant attention.
Jupiter's Solana-based exchange plans a $700 million JUP token airdrop in January to boost community engagement and liquidity. Join now!