Jupiter DAO announced an $860 million airdrop for JUP tokens, marking a major shift in distribution and impact on the Solana ecosystem.

Jupiter (JUP) $860 Million Airdrop: Distribution and Impact on Token

Jupiter (JUP) $860 Million Airdrop Distribution and Impact on Token.webp

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Jupiter will reactivate Jupuary, a monthly airdrop program that is no longer active. Below is the complete discussion.

Community Voting! Jupiter will Reactivate "Jupuary"

Jupiter akan Aktifkan Kembali Jupuary - Bittime

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Jupiter akan Aktifkan Kembali Jupuary - Bittime (1).png

 - Jupiter's co-founder expressed interest in reactivating "Jupuary", a monthly airdrop program for Jupiter platform users.

However, he stressed that the final decision to reinstate the program should be driven by the community, not himself. Voting to determine the continuation of the Jupuary program will be held in the next few weeks.

Jupuary is a monthly airdrop program launched by Jupiter in January 2024. This program provides JUP tokens to Jupiter platform users as a reward for their participation and loyalty.

Meow did not explain in detail the reasons for discontinuing the Jupuary program. However, he noted that this program requires significant resources to manage and requires careful consideration regarding its impact on the market.

Meowing interest in reactivating Jupuary suggests a possible return for the program. Community voting will be the final determinant of whether this program will continue or not.

If Jupuary is reactivated, active Jupiter users can again get free JUP tokens every month. This can increase the attractiveness of the Jupiter platform and encourage more users to join.

While Jupuary's return is welcomed by some users, there are a few things to consider:

The monthly airdrop program may impact the price of JUP tokens. The release of large amounts of free JUP tokens may cause short-term selling pressure.

The free airdrop has the potential to attract users who are only interested in short-term profits, not active use of the Jupiter platform. This could reduce Jupuary's value as a loyalty program.

Decisions regarding the Jupuary program, even though they will be through voting, still come from the Jupiter team. It is hoped that in the future, decisions regarding matters like this can be more decentralized by involving the community more deeply.

The possible return of Jupuary is positive news for Jupiter users. A community vote in the next few weeks will determine the continuation of this program.

Jupiter users who are interested in this program are encouraged to participate in voting and support the continuation of Jupuary.

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