Search
Close this search box.

Jupiter opens vote on 215m unclaimed JUP tokens

Overview of Jupiter Token Voting

Jupiter has initiated a voting process for the 215 million unclaimed JUP tokens from the Jupuary airdrop on Solana’s decentralized exchange aggregator. The community has three options to decide the fate of these tokens – putting them into an active staking rewards program, burning them, or returning them to a community multisig wallet.

Proposal Outlines for Unused Tokens

Following a proposal by the DEX aggregator’s lead developer, the team is seeking approval to utilize the excess JUP tokens in an active staking rewards program for one year. This initiative aims to reward JUP holders for participating in community and DAO voting, potentially benefiting the asset’s value in the long run.

JUP Allocation for ASR

If the community approves the use of 215 million JUP in the active staking rewards program, it will further boost the ASR mechanism. This program rewards participants in Jupiter’s governance with JUP tokens, with an initial allocation and scheduled distributions to incentivize community engagement and participation.

Leave a Reply

Your email address will not be published. Required fields are marked *

Casinos

BCGAME offers a variety of blockchain-based games to its users. There are strategy games, adventure games, and collectible games among these. By completing tasks and winning rewards, players can earn cryptocurrencies.

Claim a deposit bonus of 200% up to $1,000

Shuffle offers a captivating VIP program, over $10,000 in daily bonus codes, live dealer games, round-the-clock live chat support, unlimited withdrawals and an airdrop campaign, making for an enticing package.

500 Casino boasts a variety of top software providers like Play’n GO and Pragmatic Play. With multilingual support and compatibility across devices, it ensures accessibility.

BitStarz offers ultimate gaming destination, offering over 3500 games, multi-currency support, and lightning-fast cashouts. With a vast selection of games, seamless currency options, and speedy withdrawals, BitStarz ensures an unparalleled gaming experience for players worldwide.

BetFury Casino Welcome Bonuses: Discover enticing registration perks including no deposit bonuses and free spins, or boost your play with deposit bonuses offering up to $2,000 in bonus funds.