How to Vote for Jupuary Step-by-Step Guide to Earn JUP Rewards
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| How to Vote for Jupuary 🪐 | Step-by-Step Guide to Earn JUP Rewards! |
What is Jupuary? 🪐
If you’re a part of the Jupiter community, you’ve probably heard of Jupuary—an epic airdrop event designed to reward active users with JUP tokens. This annual event not only celebrates community engagement but also symbolizes Jupiter’s commitment to empowering its ecosystem.
The name Jupuary combines "JUP," the token, with "January," the month when the distribution takes place. It’s a momentous occasion for the community, offering a chance to earn and grow alongside the project.
Jupuary Vote: Deciding the Future
This year’s Jupuary comes with an important decision. The community will vote on whether to proceed with two additional Jupuaries, each allocating 700 million JUP tokens. For the proposal to pass, it requires 70% approval from the community.If the vote fails, a new proposal will be presented, also needing 70% approval.
Should the community fail to agree by the end of the year, the allocated tokens will remain in the community multisig wallet until a new proposal is submitted.
The outcome of this vote will shape the future of Jupiter’s tokenomics and its distribution strategy.
The Role of Jupuary: More Than Just Tokens
Jupuary isn’t just about token distribution—it’s a strategic initiative with three core objectives:
Accelerate: Build a stronger community and DAO by attracting members who are here for long-term value, not just short-term gains.
Decentralize: Empower Jupiter’s growth by distributing tokens to its most active and dedicated users.
Unify: Bring the community together to collectively shape Jupiter’s future.
Jupiter’s Growth: A Testament to Jupuary's Impact
Since the last Jupuary, Jupiter has grown 40x, cementing its position as the leading DEX on Solana and a prominent force in Web3. The token event sparked significant buying activity, contributing to this incredible growth. In just a few months, Jupiter has launched several innovative platforms, solidifying its reputation as a pioneer in the blockchain space.
Jupuary 2024: Key Information
Here’s what you need to know about this year’s Jupuary event:Snapshot Date: The snapshot was completed on November 1.
Token Allocation:700M tokens allocated for each of the two Jupuaries.
A total of 1.4 billion JUP tokens (7% and 14% of the supply).
Burn Plan: This does not include the planned 30% token burn scheduled for January.
No Vesting: All allocated tokens will be fully claimable immediately.
Checker Availability: If the vote passes, the token claim checker will be available in December.
How to Participate in the Jupuary Vote
Want to have a say in Jupiter’s future and earn Active Staking Rewards (ASR)? Follow these steps to cast your vote:
1- Visit the Jupiter website or open the Jup Mobile app.
2- Navigate to the Governance Tab.
3- Stake your JUP tokens.
4- Go to the Proposals section, carefully review the details, and cast your vote.
By voting, you not only shape the future of Jupuary but also unlock additional rewards for your participation.
Get Ready for Jupuary 2024
Jupuary is more than just an airdrop—it’s a movement that empowers the community and drives innovation within Jupiter’s ecosystem. With the token checker set to launch in December and the planned 30% token burn in January, this is an event you don’t want to miss.
Stay tuned for more updates, and make sure to cast your vote to be part of this exciting journey!