After the current series of significant airdrops, the Jupiter exchange has just announced that it will launch the JUP token and distribute rewards to customers who have supported the solution.
At the Solana Breakpoint occasion, the Jupiter exchange announced essential information and facts about the project’s token termed JUP.
GM🥳@JupiterExchange it basically announces the launch of $JUP 🤩 pic.twitter.com/U9agD3Qhsl
— FOMO (@MagFomo) November 2, 2023
According to preliminary information and facts, the distribution of JUP tokens will include things like the following:
- forty% to the local community (with four Airdrop rounds)
- twenty% token product sales (will be blocked)
- forty% is for the group
The Jupiter group mentioned that 955,000 customers will obtain retroactive rewards for supporting the project’s solution in the to start with handful of days.
Jupiter is a liquidity aggregation platform formulated on the Solana ecosystem with well-liked functions this kind of as Swap, Limit Order or DCA.
Previously, at the finish of September, Celestia announced an airdrop for customers on Ethereum Rollup and Cosmos. Additionally, Oracle Pyth Network also announced that it will reward DApp customers who have integrated this answer.
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