Jupiter approves JUP Token Airdrop proposal for loyal users

Although Jupiter has not yet determined the number of token airdrops, the proposed amendment has been approved with strong community support, focusing on genuine users and long-term engagement with the project. Jupiter will airdrop JUP tokens to loyal users. Jupiter, the renowned DEX Aggregator platform on Solana, has approved the proposal to airdrop JUP tokens to the community. Previously, there was a similar initiative to allocate up to $1.7 billion in airdrops over the next two years, but it failed. First Jupuary Vote: Conclusion & Next Steps The first Jupuary vote has concluded with 58% comfortable with the baseline plan, 42% uncomfortable. 364M JUP voted, with an astonishing 12K verified voting feedback, many long and detailed - giving us an extremely good understanding… The proposed amendment did not include the specific number of JUP tokens for the upcoming airdrops. Meow, the anonymous founder of Jupiter, stated that determining the exact figure is "the burden of the team." The proposed amendment received 87% approval, including the allocation of tokens to JUP stakers and the enhancement of genuine user participation, rather than "airdrop farming" bots, through criteria such as actual ownership and active engagement in the ecosystem. Meow emphasized the need to make maximum efforts to ensure that JUP tokens are distributed to the right recipients, those who have the potential to become long-term members, rather than just a minority of users or "farming" the platform. Although the official timeline for the airdrop has not been announced, the proposed amendment indicates that the "Jupuary" token issuance must be completed before "Catstanbul," an event in the Jupiter ecosystem scheduled to take place in Istanbul, Turkey, on January 25-26, 2025. Jupiter has completed its first airdrop in January this year, rewarding 1.35 billion JUP, which represents 13.5% of the total supply of 10 billion tokens, to nearly 1 million eligible wallets. JUP, the native token of Jupiter, is trading at $1.08 and has decreased by 16% in the past 24 hours.