CandleFocus Second Jupuary proposal may pass this week, setting up two major airdrops
2024-12-05
Author: Content Editor
The second Jupuary airdrop proposal by Jupiter DEX aggregator is likely to pass, as it has received overwhelming support from voters. The proposal aims to address concerns about the role of long-term holders and stakers. The voting is still ongoing and will conclude on December 8. The new proposal includes anti-bot protection to prevent aggressive farming and Sybil attacks. It also allocates a portion of the airdrop specifically for stakers, with bonuses for longer history and consistency. The entire proposal is expected to be finalized before January 25. Jupiter DEX aims to become an everything app with Web3 and trading features. The JUP token has experienced a rally in the weeks leading up to the Jupuary votes and may revisit previous price levels or enter a new price discovery range. The Jupuary events have historically been bullish for JUP, increasing the project's popularity and bringing in new addresses. The Jupiter DEX aggregator already has high liquidity and has facilitated a high number of swaps.
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