The meme coin market is on fire, with billions of dollars in daily trading activity. Airdrops have proven to be a great way for new projects to stand out and reward their communities. One of the most exciting airdrops happening right now comes from Jupiter, one of the leading decentralized exchanges (DEX) on the Solana blockchain. Their second round of airdrops is now underway and will continue until January 2025, giving crypto enthusiasts the chance to claim free JUP tokens.
The process is simple: swap Solana coins on Jupiter’s platform and meet the eligibility requirements.
Recently, Jupiter passed a successful proposal to continue its airdrop events for another two years under the name “Jupuaries.” This proposal will allocate $700 million worth of JUP tokens per year over the next two years, adding up to $1.4 billion. The community showed strong support, with 87% of the 360 million votes cast voting in favor of this plan.
This proposal shows Jupiter’s commitment to fair token distribution and community rewards. As part of this, the team has also made adjustments to ensure fairness and eliminate unfair practices.
Jupiter is introducing a few important changes to improve its airdrop system:
These changes follow a failed attempt at a similar proposal in the past. Voting for this plan took place between December 4 and December 8, and the goal is to ensure that rewards go to loyal, engaged users.
Tim哥, a well-known crypto analyst, has shared a smart strategy for those looking to increase their chances of benefiting from Jupiter’s massive $1.4 billion airdrop. His advice includes:
Tim哥 emphasizes that the snapshot might already have been taken, so now is the time to act if you want to make sure you’re eligible for rewards.
If you want to join Jupiter’s airdrop, here’s what you need to do:
If you are eligible, you’ll receive your share of tokens weekly. Participating early will give you a better chance at earning more rewards.
To stay informed, follow Jupiter on social media and check the JUPuary Dashboard, a great tool to track your rewards and monitor updates. And of course, follow Coinpedia to know everything about Jupiter and cryptocurrency!
Happy Airdropping!
To join, swap Solana coins on Jupiter’s platform, meet eligibility criteria, and use a mobile wallet to receive JUP tokens.
The Jupiter airdrop allocates $700M in JUP tokens annually, totaling $1.4 billion over two years for active participants.
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