Airdrop good news has come for Solana (SOL) wallets, known as the Ethereum killer. Accordingly, Jupiter, Solana's largest decentralized (DEX) aggregator, announced a retroactive airdrop to reward early users.
Meow, the pseudonymous founder of Jupiter, said in his statement on X that 40% of Jupiter's 10 billion JUP tokens will be distributed as airdrop in four stages.
The first phase of the airdrop, which will be held in four stages, includes the distribution of one billion JUP tokens to users with a minimum exchange volume of $ 1,000.
Users eligible for the airdrop consist of 955,000 wallets from the November 2 snapshot.
“The purpose of this airdrop is to engage early users who have used the Jupiter platform in the past and invite them to become closely involved in the next phase of the Jupiter journey.
Users eligible to receive the airdrop consist of 955 thousand wallets that directly interacted with Jupiter before November 2.
“The first phase allocations of the airdrop will be made next week, but the tokens will not go live yet.”
Jupiter founder stated that future airdrop rounds will reward new users, adding, “There will be future airdrop rounds for new users, so stay tuned.” said.
Grow The Pie Update #1: Community Airdrop
Hey Jups, here’s the breakdown for the first round of the community airdrop, along with a detailed rationale about how we arrived at it.
Warning: This is a long post for patient geeks only. If you are only interested in knowing your… pic.twitter.com/zafGQbmmvC
— meow 🥧 (@weremeow) November 15, 2023
*This is not investment advice.