Jupiter’s “Jupuary” airdrop on Solana is about to begin. 700M $JUP tokens are already up for vote as we write. The main objective is to encourage decentralization and the overall community involvement. A significant precedent for DeFi governance will be set after the first round goes live if the vote reaches 70%. This November is the last day to vote.
Jupiter, the decentralized exchange on Solana, just kicked off voting for its massive “Jupuary” airdrop. Its set to give away 700M $JUP tokens in two rounds. The goal is to get the community involved and make governance more decentralized. To move forward, the vote needs at least 70% approval from the community.
Voting is happening right now (Nov 25–29) and is already making history. This is the first-ever DAO vote with live and verified feedback from real voters. If it hits the 70% mark, one round of token distribution will go live, with more rounds depending on future votes.
The whole point of this is to give the community more power and make $JUP a key player in DeFi governance. While this isn’t Jupiter’s first airdrop, it’s by far the biggest. Everyone’s watching to see if this sets a new bar for large-scale token drops.
Following a huge $1.4 billion worth of $JUP tokens up for grabs now, and the vote still ongoing, this endeavor may be setting a new benchmark for decentralized enterprises. If successful, it will undoubtedly strengthen $JUP’s position in the Solana ecosystem and increase overall community involvement.
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