- Jupiter’s airdrop tool lets users check if they qualify for the 700 million JUP token giveaway.
- The airdrop splits rewards among users, stakers, and growth incentives, targeting 2 million wallets.
- A revised DAO proposal secured 87% approval, setting airdrops for January 2025 and 2026.
Jupiter, the popular decentralized exchange (DEX) aggregator running on Solana, just dropped some big news. They’ve rolled out an airdrop checker tool, giving users the ability to see if they qualify for the upcoming “Jupuary” airdrop. Sounds fancy, huh? Well, it’s part of their grand plan to expand their ecosystem and reward loyal users.
This January, Jupiter is putting a staggering 700 million JUP tokens—valued at over $575 million based on current prices—up for grabs. That’s a lot of pie to go around. But, there’s a catch: the tokens are split into three categories, with the largest chunk (440 million tokens) reserved for everyday users who interact with Jupiter’s services, particularly token swaps. Yep, if you’ve been swapping tokens on Jupiter, you might just be in luck.
Breaking Down the Airdrop
So, here’s how it’s going down:
- Users – These are the people benefiting directly from Jupiter’s products. They get the lion’s share: 440 million JUP tokens.
- Stakers – If you’re staking Jupiter tokens, you’re also in line for a reward. A total of 60 million JUP is set aside for this group.
- Carrots – Nope, not the veggie. Think growth incentives. Jupiter’s keeping 200 million JUP tokens to encourage holders and stakers to stick around for the long haul.
In total, roughly 2 million wallets are eligible for this giveaway. But here’s the deal: not everyone gets a huge slice. “To be blunt, some wallets will receive smaller drops compared to last year,” wrote Kash Dhanda, a representative for Jupiter, in a recent blog post. The idea is to ensure the rewards go to “real cats” (actual engaged users) who’ll actively participate in the platform’s governance and vision for decentralization.
From Failure to Success: A DAO Story
This airdrop wasn’t without its hiccups. Jupiter DAO—the governing body made up of JUP token holders—had a rocky start. Their first attempt to approve a 1.7 billion token airdrop failed, with only 58% voting in favor. A revised proposal, however, managed to secure over 87% of the votes, marking a major turnaround.
The new plan splits the tokens over two Januaries: January 2025 and January 2026. It’s a long-term vision, focusing not just on rewards but also on growing the platform sustainably.
When Can You Claim?
Excited? Hold your horses. While the claim process is expected to go live next week, there’s no official date yet. If history is any indication—last January saw 1 billion JUP tokens distributed to nearly 1 million wallets—it’s going to be a busy time for the Jupiter team.
And There’s More…
Meanwhile, the buzz around Solana continues to grow. Blockchain sleuthing firm Bubblemaps has announced its own Solana-based token and an investigative platform aimed at governance for on-chain investigations. Launching soon, this platform will enable users to vote on proposals involving suspicious wallets or shady token launches.
It’s safe to say the Solana ecosystem is heating up, and Jupiter’s airdrop is just one of the sparks. Keep an eye out and, maybe, check that airdrop tool—you might be sitting on a hidden treasure.
