I have a question, exactly how to read this?
In June will be distributed 50M in JUP for voters more 75% fees from launchs?
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I missed being able to vote by 2 days because the threshold for proposals was already met. I have over 900 Jup staked but I donāt know if Iāll see any jup rewards or what the actual stake rate is. Could someone clarify for me. Thx
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In July the pool of staking rewards 50m $JUP + 0.75% of Total Supply from each of the 8 LFG winners will be distributed to all LFG voters using the following formula:
your voting power used/total voting power used
I believe the way it works is that each monthās vote would ālock-inā 25% of your share of the pool. So, you could vote only in Juneās LFG vote and still receive a portion of the airdrop. But, if you vote in every vote you will get your maximum allocation.
I realize this was not the clearest explanation but TL:DR is: buy $JUP, Stake $JUP, Vote in $JUP Governance. Profit.
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They have to get paid well to keep the Solana Ecosystem afloat. I sold all my ETH besides a couple hondo and bought Sol and some BTC, as I hate the chain, I have spent over a hundred dollars in mistakes and even when I was trying to stake something I started calculating all the upfront costs and it isnāt worth it (2me) unless youāre staking thousands. I will be, just on Sol. 100
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This doesnāt make any sense. What do you mean the Threshold was already met?
The only thing that would prevent you from voting is if time ran out and the voting closed.
As for rewards, if you have voted for any of the previous measures or do vote in any of the future measures through June 30th, you will receive rewards sometime in July.
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Iāll have to remember to vote in the future and replenish my staking and be more active.
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I donāt like the frame that whales are evil.
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Great work guys! Looks beautiful
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Keep up the good work Jup fam! LFG
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Cool Staking Rewards
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wow! what a great idea. I so much like this consideration. Thanks for this thought
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Love both proposals to mitigate issues of DAO in future. No matter what anyone says, whales manipulate in ways most traders donāt or canāt comprehend. Your alternative may already be taking place and it sucks. Reward JUP 4 JUP only.
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While I like the concept and implementation, I was thinking to myself if there is a way to trickle or spread it out more, as for Ecosystem growth it feels a bit strange that any newcomer hears so much about ASR but even after staking he might be so long distant away from it.
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Hey Merlin, I think I just checked out your artwork on Drip? If so, cool stuff bro! I love Jup and Sol and have been staking almost everything with Sanctum Pets and I just missed my ASR as I was in the mountains without any connections!! I will be on it for sure this time around. I donāt plan on changing any LSTāS or unstaking unless emergency or the like. I love the community and learning more and more about the space every day!
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why is the time limit on claiming ASR rewards so short? I was AFK for 2 month, came back in September and unable to claim ASR1 JUPā¦ kind of hurts
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Please go read the loads of reasons many have given why this 30days limit to claim was enough as agreed by majority. We are almost close to another one in few weeks and you are still talking of over 2months ago. Letās show respect for the process. Itās humbling as well to accept when things donāt go your way, learn from it and move on. Besides we can all claim this even in bed, bus, hospital bed etc. we canāt stop a process that worked well for more than majority of the people cos of a handful persona reasons here and there cos the system wouldnāt work if we operate like that. letās be realistic. Apologies if I am bit direct but this has been going on and on and on. We need to move on.
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ASR reward very good no need to burn
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This right here is the sweet spot
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hands down the best in crypto rn, I love the innovations and experimentation yall are doing; LFGGGG !
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Glad to see this proposal has got legs and is running for another year
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