Solana-based decentralized finance (DeFi) aggregator Jupiter has launched. The most anticipated air drop on Friday – and told users how many of the 4 billion total JUP tokens they could expect to receive.
A Portal It is now live on Jupiter's website for platform users to link their wallets and see how much JUP they have harvested. It is not yet clear when the actual claims process will begin.
All Jupiter users will get 200 JUP regardless of their transaction history, the company said. “OGs” who hold at least $10 on the platform or make at least 10 transactions before March 2022 will earn an additional 500 JUP. Then, most of the user's JUP allocation is determined by factors such as their business volume on Jupiter and the consistency of site usage.
Jupiter users and Solana fans were quick to celebrate the news of the weather's launch, with some Twitter users reporting more than 100,000 JUP transits. How much it's worth, however, will be unknown until the signal actually drops and trades begin.
Others saw the airdrop — with nearly a million SOL bags reportedly eligible for claim — as The latest sign Solana's Growing Wealth, Blockchain Echo Since October
Jupiter is one of the largest DeFi projects built on Solana. As a swap aggregator, the platform advises users on the best rates when trading tokens. In the last 24 hours alone, it has announced that it has made nearly 106 million dollars of transactions CoinGecko.
Air drops It's common practice among crypto projects and platforms today, to reward early contributors and users, and issue free tokens in an effort to decentralize governance through token-based voting.
Edited by Andrew Hayward.
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