Solana DeFi Exchange Jupiter Launches Reward Checker Before $575 Million Airdrop

Jupiter is a decentralized exchange (DEX) aggregator and launchpad on Solana. Image: Jupiter

Jupiter. SolanaLaunched a decentralized exchange platform based in. airdrop checker Users of their products can check ahead for the next deadline if they are eligible. “Jupuary” airdrop. 

Design to “grow the pie” To encourage more people to join the Jupiter ecosystem, an airdrop in Jupuary will give away 700 millions JUP tokens valued at more than 575 million dollars, at the current exchange rate. 

Three categories of recipients are divided among the 700,000,000 JUP tokens, including “users,” This category is defined as those who get value out of Jupiter’s products. 440,000,000 JUP tokens will be given to this category.

The final 200 millions JUP tokens will be reserved for the stakers who have the Jupiter token. “carrots”—an allocation of tokens reserved for growth initiatives, and incentives for those who decide to hold or stake their JUP tokens. 

JUP Tokens can be claimed by approximately 2,000,000 wallets. Jupiter Research (post) Kash Dhanda is a platform representative. 

“To put it bluntly: Not everyone is going to get an airdrop this year, and many qualified wallets will get a smaller drop as compared to last year,” wrote Danda. “But the ~2 million 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.”

JUP token claims are expected to go live soon Sometime next weekAlthough a specific date wasn’t given.

Platform held first airdrop of 1 billion JUP in January 2024. Nearly 1 million wallets received the tokens. According to the latest passed legislation, it will hold another Jupuary in January 2026. Jupiter DAO Proposal There will be another 700 million tokens airdrop.

Andrew Hayward is the editor

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