(Update: On Feb. 2, weremeow faced a series of criticisms<\/a> of the planned management of $JUP\u2019s liquidity pool, with prominent Web3 observers concerned about excessive profiteering from the team. He clarified the plans for the pool, called a DLMM, in threads on X and appearances on Spaces with leading crypto influencers and journalists.)<\/p>\n The claim starts at 10 am EST on Jan. 31\u2014and before that time, you can check how much your wallet will receive at their claim website\u2014lfg.jup.ag<\/a>. If you use Phantom Wallet, you can also claim directly from within Phantom (it will notify you how many $JUP you have to claim and will take you to the claim page).<\/p>\n IT’S TIME FOR JUP!<\/p>\n JUP launch site is up. You can check your airdrop allocation, set up your DCA\/Limit orders ahead of time, and see the slot countdown.<\/p>\n Link: https:\/\/t.co\/micHY6ChQn<\/a><\/p>\n Launch Time: 31 Jupuary 10am EST<\/p>\n Initial Circulating: 1.35B<\/p>\n Launch Pool Params: \u2014 meow (@weremeow) January 30, 2024<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n You will need a little bit of Solana to claim\u2013and transaction fees may spike when the claim opens. Claims are open until July 31, so don\u2019t worry if you are away from your wallets (or remember a wallet you completely forgot about)!<\/p>\n 1.35 billion tokens will be available, released at an initial price of .4032 USDC, with a top initial price of .69 USDC. There\u2019s more information about the tokenomics, release procedure, and how tokens held by the project will be controlled linked on the claim website.<\/p>\n There will be ten billion $JUP tokens in existence, with four billion slated to be released to $JUP users over a period spanning years, so if you didn\u2019t get any airdrop this time in your Solana wallet, keep using the exchange, and it\u2019s likely you\u2019ll get some in future.<\/p>\n Although the price of weremeow\u2019s $WEN token has been quite volatile this week, there are positive signs for $JUP. According to blockchain data providers AlliumLabs<\/a>, Jupiter Exchange has the highest monthly active users across decentralized exchanges on all blockchains, eclipsing products like PancakeSwap and Uniswap.<\/p>\n Anonymous Jupiter founder weremeow is unapologetically confident about his strategy for $JUP, which aims to build on the long-term popularity of the protocol rather than capitalizing on the rapid influx of liquidity to Solana in Q4 2023.<\/p>\n State Of Jupiter: Jupuary 2024<\/p>\n 1. Most used trading platform in defi Deets:\u2026 pic.twitter.com\/UEnwgyc2eu<\/a><\/p>\n \u2014 Jupiter \u201cWe have chosen to take a pragmatic yet utopian approach, focused on maximum transparency, zero manipulation of liquidity, zero supply squeeze, simultaneous participation, open market price discovery, and for the team to get the capital they need in the most long-term beneficial way possible,\u201d he said<\/a> in a Jan. 31 post on X.<\/p>\n He added: \u201cThis open and non-controlled approach obviously leaves a lot of room for chaos and unknowns, but I strongly believe that these dynamics are the right, most retail-friendly, best way to build a community, and long-term advantageous to the project in the long run. It is not just for JUP; we wanted to create a new meta for launching tokens, and we know that if we do not do this for JUP, we will lose our chance to do this forever.\u201d<\/p>\n The post Everything You Need to Know About Jupiter\u2019s $JUP Airdrop on Solana<\/a> appeared first on nft now<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Today, Jan. 31, the Solana decentralized exchange aggregator Jupiter releases its long-awaited token, $JUP. Following on from founder weremeow\u2019s $WEN, which was airdropped to people who have been active on Solana, JUP\u2019s official token is available to people who used Jupiter Exchange before November 2023. Here\u2019s a rundown of who qualifies, how to claim, and […]<\/p>\n","protected":false},"author":2,"featured_media":240002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[245,239,243,242,244,202,184,241,240,189],"class_list":["post-240001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft","tag-azuki","tag-board-ape","tag-erc115","tag-erc721","tag-metamask","tag-nft","tag-nft-technology","tag-opensea","tag-sbt","tag-soul-bound-token"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/240001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=240001"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/240001\/revisions"}],"predecessor-version":[{"id":240004,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/240001\/revisions\/240004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/240002"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=240001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=240001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=240001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Initial:\u2026 pic.twitter.com\/PAC8jSBbSD<\/a><\/p>\n\n
2. Direct 80% of organic volume
3. Most used program in Solana
4. Top 2 by vol on Coingecko
5. Most integrated platform on Solana
6. One of the top perp platforms ($1.4B volume last week)<\/p>\n![\"\ud83e\ude90\"](\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/1fa90.png\")
(@JupiterExchange) January 30, 2024<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n