Jupiter Exchange Launches Second Proposal for Jupuary Airdrops

By Altcoin Buzz
21 days ago
2024 2024 JUP STR JUP

The proposal introduces some important changes to make sure the event is fair, transparent, and rewarding for real users.

The main goal is to get the community’s feedback on these updates. This will ensure that everyone is comfortable with how the event will run. Let’s discover more about this important news for Jupiter.

Unclaimed $JUP Tokens to Boost Staker Rewards

One key change in this proposal is how unclaimed $JUP tokens will be handled. Instead of going unused, any unclaimed tokens will be redirected into ASR (Active Staker Rewards) to encourage long-term engagement. So, if you miss out on claiming your tokens, they won’t just disappear. They will be used to benefit those who are actively staking and supporting the network.

The new proposal also puts a bigger focus on rewarding stakers. There will be a special bonus for those who have consistently staked their tokens over time. This change makes it clear that Jupiter values its dedicated users. It wants to reward those who have supported the ecosystem for the long haul.

Jupiter Excludes Bots, Seeks Approval for Jupuary Airdrops

Another major shift is the plan to exclude bots from the airdrop. In the past, bots could take advantage of these kinds of events. This time, Jupiter is introducing measures to ensure that only real users hold tokens. Also, participating in the ecosystem, and using the platform will benefit from the airdrop. It’s a move designed to make sure the rewards go to people who genuinely care about the project. Not automated programs looking to take advantage of the system.

The community’s vote on this proposal will require at least 70% approval to move forward. This will make sure that there is broad support for the updated Jupuary plan. After casting your vote, you’ll still have the chance to share your feedback. If you choose, you can leave your email address so the team can follow up with you. This is a great opportunity for users to have their voices heard and help shape the future of Jupiter Exchange.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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