ABMedia recently announced an
airdrop program on Solana's DEX Jupiter, with 700 million $JUP tokens, which is 7% of the total supply. The eligible wallets are divided into two categories: swap users and professional traders.
Swap users who had over $1,000 in token trading (SWAP) volume during the snapshot period are eligible, which accounts for around 2 million wallets. Professional traders, including those using perpetual contracts (perps), limit orders, DCA, and "APE" strategies, account for around 320,000 eligible wallets.
The key details are:
Single address can receive up to 20,000 $JUP, currently worth $17,000
For swap users, there are five tiers:
- $800 to $29,000 in trading volume: 1.9 million wallets share 95 million $JUP, each receiving 50 $JUP.
- $29,000 to $500,000 in trading volume: 400,000 wallets share 100 million $JUP, each receiving 250 $JUP.
- $500,000 to $3 million in trading volume: 25,000 wallets share 75 million $JUP, each receiving 3,000 $JUP.
- $3 million to $14 million in trading volume: 5,000 wallets share 50 million $JUP, each receiving 10,000 $JUP.
- Over $14 million in trading volume: 1,000 wallets share 20 million $JUP, each receiving 20,000 $JUP.
Professional traders have additional rewards, with specific tiers not yet clear
The professional trader wallets have additional rewards, which ABMedia has compiled into a table, but the official details on the tiers are not yet clear.
Airdrop in January 2024, more for community voting and using JUP Mobile
Regularly participating in community governance voting can also bring unexpected rewards. Accounts that stake $JUP as a governance token will receive 0.1 $JUP per $JUP staked, and active voters will receive 3 times that, or 0.3 $JUP.
The official recommendation is to use the JUP Mobile wallet, as an additional 50-200 $JUP can be earned by claiming and staking $JUP through that wallet.
For example, if one has the highest trading volume and professional trader tier, they would receive 120,000 $JUP, worth around $100,000, without staking. With $30,000 in trading volume, 1,000 $JUP staked, regular voting participation, and using JUP Mobile, they could receive 600 $JUP.
The official details and snapshot date are still pending, with the airdrop scheduled for January 2024.