Jupiter token holders have approved two airdrop plans through a revised proposal, after previously rejecting a plan to distribute $170 million worth of JUP tokens. The Solana decentralized exchange (DEX) aggregator Jupiter plans to airdrop JUP tokens to its community over the next two years, with the Jupiter DAO - the collective of JUP token holders - approving the revised airdrop proposal after an initial failed attempt.
Over 87% of the votes supported the second proposal, which differed in some key changes from the initial proposal that only received 58% of the votes and failed to meet the 70% passing requirement last month.
The second proposal incorporated feedback from thousands of previous voters, including key changes from the initial proposal such as providing allocations for JUP stakers, and increased the focus on including real users in the airdrop rather than just "actual holders" and "ecosystem participants" as criteria.
