GM Dexlab Community.
Airdrop season is upon us, and a substantial airdrop is anticipated for the Solana DEX aggregator. A staggering four billion $JUP tokens are slated for distribution to nearly one million participants.
This comprehensive guide will elucidate everything you need to know about the impending Jupiter $JUP airdrop, ensuring your seamless participation in this event.
Let’s delve into the details.
This Medium article is written for users who have utilized Solana’s Jupiter SWAP, and it serves the purpose of providing information. Please read the article carefully, and if you have experienced SWAP through Jupiter on Dexlab SWAP, make sure to check your $JUP token airdrop allocation through the Claim Site.
About Jupiter
Jupiter stands as one of the prominent DeFi protocols on Solana, boasting significant transaction volume in November 2023 alone. Looking ahead, Jupiter envisions the launch of a decentralized stablecoin — .
Jupiter contends that traditional stablecoins, such as USDC and USDT, carry inherent custodial and regulatory risks that should be mitigated. This rationale has driven the team to introduce SUSD — a fully decentralized stablecoin collateralized by Solana liquid staking tokens (LSTs) — as an alternative to USDC and USDT. In addition to heightened decentralization, SUSD introduces interest-free loans: The SOL utilized as collateral for minting SUSD generates yield, offsetting the minting costs and resulting in a perpetually interest-free loan with SOL exposure.
About $JUP token
$JUP is a governance token that empowers community members to authorize, endorse and cast votes on all facets of the Jupiter platform.
How to get a $JUP airdrop?
A total of 955,000 wallets engaged directly with Jupiter before November 2, 2023, qualify for the first $JUP airdrop. If you’re not eligible for this $JUP airdrop, don’t worry; more are on the horizon. Stay tuned for updates on future $JUP airdrops by following Jupiter’s Twitter. Keep in mind that airdrop rewards are often linked to activity. Therefore, actively participating in buying, selling, and trading on Jupiter can potentially increase your future $JUP airdrop allocation.
Check here whether you are eligible for $JUP airdrop: https://airdrop.jup.ag/
When is the TGE?
https://x.com/JupiterExchange/status/1747094652262715762?s=20
This Medium article is written for users who have utilized Solana’s Jupiter SWAP, and it serves the purpose of providing information. Please read the article carefully, and if you have experienced SWAP through Jupiter on Dexlab SWAP, make sure to check your $JUP token airdrop allocation through the Claim Site.
Best Regards,
Dexlab.
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