Solana decentralized exchange (DEX) aggregator Jupiter is set to airdrop JUP tokens to its community over the next two Januaries after the Jupiter DAO—the collective of JUP token holders—approved a revised airdrop proposal following a failed first try to hand out $1.7 billion worth of tokens.

More than 87% of votes were in favor of the second proposal, which made a few key changes from the first that only received 58% votes in support late last month, below the required 70% to pass the proposal. 

Incorporating feedback from thousands of previous voters, the second proposal included key changes from the first, like providing an allocation for JUP stakers and increasing the focus on including real users, instead of airdrop-farming bots, via criteria like “actual holdings” and “participation in the ecosystem.”

“Maximum effort has to be made to ensure that JUP goes to the right people who have a good chance to become long-term members—not farmers or overly focused on [a] minority set of users,” wrote Meow, Jupiter’s pseudonymous co-founder, Go to Source to See Full Article
Author: Logan Hitchcock

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