Jupiter has introduced an airdrop eligibility checker for its users.
Jupiter has introduced an airdrop eligibility checker for its users. This tool allows participants to determine their qualifications for the upcoming "Jupuary" airdrop, which will distribute 700 million JUP tokens, valued at over $575 million.
The airdrop is designed to enhance community engagement and expand the user base within the Jupiter ecosystem. According to Jupiter Research, approximately 2 million wallets are expected to qualify for this distribution.
The JUP tokens will be allocated in three categories: 440 million tokens earmarked for users who benefit from Jupiter's products, primarily through token swaps; 60 million tokens for stakers of the JUP token; and 200 million tokens reserved for growth initiatives, labeled as "carrots."
Kash Dhanda, a representative for Jupiter, indicated that not all eligible wallets would receive an airdrop this year, and many will likely receive a smaller allocation compared to previous distributions.
"The ~2m wallets that do receive the airdrop will be more likely to be real cats, more likely to participate in DAO governance, and more likely to help us accelerate towards a decentralized future," Dhanda stated.
The claim process for the JUP tokens is anticipated to begin next week, although a specific date has yet to be announced. This upcoming event follows Jupiter's initial airdrop in January 2024, which distributed 1 billion JUP tokens to nearly 1 million wallets.
Additionally, a future Jupuary event is planned for January 2026, contingent upon a recently approved proposal from the Jupiter DAO.
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