Jupiter DAO approves $860 million airdrop for Jupuary
Jupiter (CRYPTO:JUP) DAO has successfully passed a significant proposal for an $860 million airdrop as part of its “Jupuary” initiative, aimed at rewarding genuine users within its ecosystem.
This decision was made during a community vote on December 8, which saw approval rise from 58% to an impressive 87%, indicating strong support for the revised plan.
The proposal, referred to as “Jupuary” vote #2, was reintroduced after the initial version did not garner sufficient backing from the community.
The airdrop is scheduled for January, and a link for users to check their eligibility will be provided later this month.
Founder "meow" emphasised the importance of targeting real users rather than those merely seeking rewards.
“Maximum effort has to be made to ensure that JUP goes to the right people who have a good chance to become long-term members—not farmers or overly focused on a minority set of users,” he stated.
To achieve this, the revised distribution plan includes additional checks designed to prevent tokens from going to mercenary airdrop farmers who typically engage with protocols solely for incentives.
The new strategy aims to reward participants based on key metrics such as actual holdings and consistent engagement within the ecosystem.
“Portion of the allocation will go into incentivising holding, buying and voting through the year,” meow added.
A snapshot of eligible participants was taken in November, and the upcoming airdrop represents a strategic shift in how Jupiter DAO intends to distribute its tokens.
