Jupiter, a decentralized exchange (DEX) aggregator built on the Solana blockchain, has opened up initial claims for its JUP token airdrop. The token airdrop is structured to distribute 40% of the total supply, spread out into four phases to reward power users and contributors. This includes 2% of tokens to all wallets, 7% to be allocated in a leaderboard based distribution based on adjusted volume, 1% allocated to developers, and another 1% to the community. By October, the protocol had facilitated $35 billion in cumulative trading volume, with 80% of that made mostly by 0.2% of wallets. The airdrop has been met with some discontent as users have expressed they should have received more in their allocations based on how much they used the protocol during the time of snapshot.



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