Ethereum

Here’s when to expect the Jupiter JUP airdrop for Solana DeFi users:

Can be difficult to track. All token airdrops on the horizonBut one thing in particular catches my attention. Solana user: JUP launchedtoken Decentralized Exchange (DEX) aggregator Jupiter.

Previously the Jupiter team January launch target, but you now have a narrower window if you want to plan accordingly. On Tuesday, anonymous founder Meow said he expected a token airdrop in the last week of the month after further preparations, dubbed “Jupuary.”

“Given the extensive workload, we expect the release date to be the 4th week of July,” Meow said on Twitter. “Let’s work together.”

The team wrote that it needed to communicate more around the launch, build initial infrastructure such as liquidity pools and minting capabilities, and “ensure that no cat is left behind.” This means ensuring that all eligible users can claim JUP. The planned launch will take three weeks to iron out final details with the community.

“Then let’s experiment. And even if we mess up, we will own up to ourselves and get better,” Meow wrote. “This is how we got here in the first place. I decided to enter this new phase in the same way. If you have to, show up, pay the price and learn the hard way.”

In November Jupiter said: Nearly one million Solana wallets are eligible For JUP airdrop. Jupiter launched Quota Check Website However, users will not be able to claim tokens until the actual airdrop begins later this month.

Jupiter will be giving away a total of 4 billion JUP tokens (40% of total supply) across four drops, with the initial wave set to have 1 billion tokens. Users were allocated token shares based on factors such as trading volume on the aggregator and frequency of platform use.

According to Data from Solana Floor and Step FinanceJupiter experienced its highest trading volume to date in December with approximately $16.65 billion worth of transactions. This is more than three times higher than the previous peak in May 2022.

Jupiter’s airdrop follows the recent Solana token drop. Zito and pice network. Dymension is another airdrop for Solana users: It was announced on Tuesday.

Edited by Ryan Ozawa.

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