Jupiter unveils airdrop to over 950,000 wallets on Solana

Jupiter, the most important decentralized trade aggregator on Solana by swap quantity, unveiled a retrospective token airdrop program to reward early customers.

The airdrop is a part of a community-focused initiative that may distribute 4 billion (40%) of Jupiter’s whole 10 billion tokens to customers throughout 4 phases, the venture’s pseudonymous founder Meow announced on X.

Beginning subsequent week, the primary section will launch one billion Jupiter tokens to customers who’ve finished a minimal of $1,000 in swap quantity on the protocol. The eligibility record consists of 955,000 wallets from a snapshot taken on Nov. 2. The airdrop options numerous tiers of rewards primarily based on the quantity of person swaps. Future airdrop rounds will reward new customers, the staff clarified.

The official airdrop allocation web site will go reside subsequent week, enabling everybody to confirm their allocation quantity and different pertinent particulars.

Jupiter consolidates liquidity from a number of DEXs on Solana, guaranteeing customers discover probably the most favorable charges for his or her token swaps. The platform was developed by a bunch of pseudonymous builders in October 2021.

At present, the Jupiter DEX aggregator is without doubt one of the standout initiatives on Solana, with a buying and selling quantity practically $1 billion in October.

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