Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Jupiter: Over 166,000 wallets have claimed active staking rewards, a minimum staking threshold will be set in the future

Jupiter: Over 166,000 wallets have claimed active staking rewards, a minimum staking threshold will be set in the future

Bitget2024/07/13 03:07
ASR-0.26%JUP-0.25%

Solana ecosystem aggregator Jupiter announced on social media that Active Staking Rewards (ASR) were launched for the first time six days ago, and over 166,000 wallets have claimed this reward. Based on community feedback, the team has identified two key changes for the next round later this year:

1. Excessive Dust. Approximately 148,000 wallets staked less than 10 JUP to receive LFG airdrops. As such, some rewards are unclaimed because they are too small. In future voters will need to stake at least 10 JUP (at voting time) to be eligible for ASR. This will ensure more tokens flow towards real users rather than witch attacks on governance programs.

2. How to handle unclaimed ASRs: ASR has a claim window of 30 days but not everyone claims it. After discussion, the team decided to return all unclaimed ASR funds back to DAO treasury which can decide its future use.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
The European Central Bank plans to decide on the next steps for CBDC next month.
2
Economist: U.S. Tariff Policies Will Continue to Impact Economic Growth

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,922.49
-0.04%
Ethereum
Ethereum
ETH
$4,644.17
-1.50%
XRP
XRP
XRP
$3.07
-2.99%
Tether USDt
Tether USDt
USDT
$1
-0.01%
Solana
Solana
SOL
$246.56
+1.85%
BNB
BNB
BNB
$933.75
-0.64%
USDC
USDC
USDC
$0.9998
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2868
-2.84%
TRON
TRON
TRX
$0.3495
-0.99%
Cardano
Cardano
ADA
$0.9076
-3.65%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter