[DECRYPT] Solana DeFi Exchange Jupiter Gets OK for Airdrops After First $1.7 Billion Vote Failed $SOL $JUP
Solana DeFi Exchange Jupiter Gets OK for Airdrops After First $1.7 Billion Vote Failed ► https://t.co/v8VvN6VBmA https://t.co/v8VvN6VBmA
$JUP has changed my life https://t.co/yYQz8fVQik
The Jupiter Exchange, a decentralized exchange on the Solana blockchain, has successfully passed a significant vote to fund two more rounds of its 'Jupuary' airdrop initiative. The proposal, approved with an 87% majority, will see $860 million worth of JUP tokens distributed over two years, with $700 million allocated each year. Key changes include the allocation of unclaimed JUP tokens to Active Staking Rewards (ASR), prioritizing rewards for stakers, and implementing measures to exclude airdrop farmers and bots. The eligibility snapshot was taken in November, with the actual airdrop scheduled for the following month.
