I could imagine there will be an airdrop for stakers just not as much as they would like in January plus they got one last July plus there will be probably another 30% unclaimed and then early un-shakers. I think staking and holding Jup will give a lot more to stakers than they perhaps realise. Not to forget Btc is in a bull run projected to last till end of 2025.
I wanna see staking amounts growing. If we stick to the 50m we will unfortunately lose some loyal users as it may be better to hold other tokens elsewhere.
I for one, won’t be unstaking whether it 1% APY or 25%. I believe it jup.
Off topic: you need to tell me the best places to stay in Istanbul as well as some cool places to see and activities !
Here is a suggestion to supply the DAO with an extra 700 Million JUP!
Both Jupuary and ASR are important and have separate purposes and goals.
There is 2.1 Billion JUP left to be allocated for Jupuary. If there would be 3 more rounds of Jupuary (#2 and #3 and #4) this would be 700M JUP per round (700M + 700M + 700M).
But Meow has said he would like to have 2 more rounds of Jupuary, instead of 3. With the 2.1B Jupuary allocation that would be 1.05B per round (1.05B + 1.05B = 2.1B JUP).
I’m proposing the following, which could be voted on by the DAO:
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Cancel round #4 of Jupuary (‘scheduled’ November 2025 - January 2027), which would leave 700 Million JUP from Jupuary round #4 to be allocated.
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Instead of using 1.05B for Jupuary round #2, and 1.05B for Jupuary round #3, we can just use 700M for round #2 and also 700M for round #3, leaving 700M.
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Use the 700,000,000 (700M JUP) for the DAO / JUP Stakers as ASR.
This would leave the community fund with 700M JUP extra
This would leave the community fund with 700M JUP extra which could fund up to 14 more quarters or 3.5 more years of ASR at 50M per quarter! Or the quarterly amount can be increased / topped up.
The 2.1B left in the community allocation fund would be divided as follows:
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700M DAO / ASR
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700M Jupuary #2
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700M Jupuary #3
With the extra 700M JUP we could extend ASR with 200,000,000 active staking reward per year / 50,000,000 JUP per quarter until mid-2028. More tokens can also be used, which would reduce the timeframe.
The team could probably find a way to preserve a certain minimum APY and increase the ASR quarterly with a normal amount based on the increase of users. For example you would need around 230M JUP per year at 1.14B JUP Staked to get 20%+ APY. This would be best done quarter by quarter.
Claiming instantly at a 75% penalty is absurd. I’m not sure what the average financial IQ is among the Jupiter user base, but I would think over 90% of people would wait to claim until it reaches at least 50% or less.
Some may didagree, but anything above 20% APY is a lot. When talking about yield percentages, talking yearly is the industry standard approach.
With 200M JUP per year and / 1140 Million JUP staked (1.14B) x 100 = you would get an Active Staking Reward of 17.5% assuming 0% unstaking (which won’t be the case). This shows ASR could stay well above 20% APY during 2025.
Like Meow said in the JUP Really Townhall on Discord, it would just cause rotation and others who do find 20%+ APY attractive enough would stake. When those who don’t find it attractive are leaving, the reward again goes up.
The coming and going of stakers is a perfect example of a functioning free market. It’s a similar concept with buyers and sellers of a token determining the token price. With ASR the stakers and unstakers determine the ASR %.
An interesting concept and suggestion. Let’s wait and see Meow’s ‘long essay’ on his vision and the options given. I do think that another (1 or 2 Jupuarys) and ongoing ASRs (properly funded for a good % return) is proving to be excellent. You make a good suggestion on a ‘funding support’ mechanism for the ASR.
Contrary to popular opinon in crypto its about ownership distribution and demand
not about “available” tokens
Centralized exchanges have infinite Jup to sell, its not real of course, but if you do not withdraw to on chain wallet, its real enough for exchange to sell it to you, none of them have 1:1 reserves or even 1:5
Jup core team has “infinite” Jup to sell, if they would sell only 10% of it price would dump 90%+
So dont worry about Jup out there.
Worry about attention, can we get attention of masses in 2025 or we will be boring as fuck
In my opinion, one of the reasons for Jupiter’s slow growth is the lack of use of the real lfg jupiter functions. We had a very good start, we launched several good projects iin Lfg : Zeus Network, cloud, sharky …, But after that, the main work of the site was stopped and instead of introducing projects, we started voting for nonsense and got away from our original purpose. In my opinion, they (meow and …) should stop joking and focus on their main work, which is to introduce the projects, not to come and continue the nonsense voting about the background, quorum, etc.
They’ve mentioned that they will stop for now, to focus on Jupuary. Everything will resume after the airdrop.
However, personally, I don’t see any benefits for the average user that’s staking few hundreds Jup in one wallet.
The launched projects, so far, benefited only big stakers and sybils, not the average user. To be honest, even I’ve been voting for these projects, I don’t see any benefits for the average user. So, I don’t think there is the problem for Jupiter. It is a problem for sybils because they stopped making money
About the benefits you’re mentioning, I just wanna comment that this has the same % reward for every staker-size so to say
Really? The only winners are cybil accounts?
Not sure what you mean, would you mind elaborating?
Let’s say you stake 1k Jup in one wallet and I stake 1k Jup in 1000 wallets.
Which one of us is ripping the LFG rewards?
Whether you stake 1k in 1wallet or in a 1000 different wallets, you still earn the same amount of rewards. You don’t earn any extra. You are even worst off trying to do that as following the 1st ASR rewards, it was decided only wallets with 50+ will qualify for ASR! So even if you divide the 1k into 20wallets of 50each, you still earn same as having it all in 1wallet.
I see… I don’t think we are talking about the ASR rewards here.
Ok. Thought you were as it’s under the topic: ASR After Jupuary.
I actually thought that that was the solution that they were looking to do already because it would benefit the DAO tremendously. I hope they do something exactly like this. LFG!
You said this, so you were talking about ASR in relation to LFG.
@Mbolorman 's reply which I quoted below is correct;
For me muss go all to ASR rewards