There was some mention of it being hard to detect farmers and bots but wonder if we can have some data on wallet activity around November 2nd since that was the cut-off. Would be interesting to see if there was any massive decrease in activity or not.
I’d think there are a lot of data insights that can be drawn around the time period of the cutoff.
Sorry thats what im most confused about. Do you mean by “claim” unstake? Because if i dont “claim” after 6months thy go away but if i do “claim” i get 25%… im missing something
Here’s one thing that’s not sitting well in my brain at the moment.
If the true purpose of Jupuary is to “grow the pie”, how does that happen if the criteria is trading volume, perps, LO, DCA, staking/voting activity, holding jupSOL or JLP, etc? These people already use Solana and Jupiter. They are already part of the pie. This is not a way to attract new users, just a way to reward past ones.
And if the answer is, “Well, if people see that they are being rewarded for using Jupiter then they will use the platform to qualify for next year’s airdrop”, then that just encourages farming despite what Meow says.
It’s a time delay based on gathering data points. That’s how airdrops work. Plus I gather adding new exsisting users by default via vesting period to the dao get’s new people on board. As non users hear about this round they may get involved in 2026 airdrop especially if it gifts a decent airdrop to new users and has the tokenomics of rewarding exsisting stakers. Which Jup also does very well. My two cents worth. These non users would start using Jup exchange, maybe stake a little Jup too. New users will use more tools and also have the possibility to vote on proposals with more Jup.
Meow was very active in the general channel on Discord today and cleared some things up.
One is that this is not meant to attract new users to Jupiter. If that were the case, they would have announced Jupuary criteria earlier. He specifically said that, “This is a DAO expansion exercise.”
Someone else came up with this idea in Discord just a moment ago so I can’t take credit.
They suggested giving a small amount of JUP to anyone who installs JUP mobile. Find a way to automatically stake that and it should bring on a whole bunch of new users.
This isn’t a reply to you, but I love your post and I think it’s the best place for it. Haha Sorry!
Regarding the ability to stake the Jupuary reward and use it to vote, I don’t think the voting power should be the full amount. I would suggest quarterly vesting of voting power, with X% in the beginning (where X = 25 if we stick with the 75% penalty for claiming instantly), and (100-X)/4 % added each quarter to voting power along with the ASR. This hopefully makes it fair, and not too operationally intensive (eg daily linear vesting of voting power seems very complicated).
I think what he meant was that stakers will also be rewarded if they match the criteria proposed by team, not like there will be a specific allocation for staking. That’s how I interpret that and I will be more than happy to be wrong tho
Same thoughts. I kind of don’t want to speculate as we know for certain very soon, but I think what meow is trying to say is - I’m not going to exclude voters from jupuary but I also don’t want voters to have incentive to vote yes. That is why I say what I say. Voting itself will not be a qualifier but may be a bonus for those who qualify to receive from jupuary.
Basically, if you bought JUP from CEX for example and sent to phantom for voting. The voting itself won’t be a qualifier to get the airdrop. Would this person still be qualified for example for “holding JUP long term” or something similar, we don’t know.
After the intense and extensive debates in here for the last few weeks around different Jup proposals, this section in the essay proves one thing for me about Jup & the leadership team which I have emphasised over and over again about their desire to solicit feedback and actually acting on it with genuineness!
The Jup leadership and team deserve immense praise for their commitment to listening to community feedback and thoughtfully acting on it. Their willingness to reshape their approach, as reflected in the refined goals for Jupuary, showcases a deep dedication to inclusivity, authenticity, and fostering a highly aligned community. By prioritising real users who embody Jupiter’s ethos and engaging in innovative measures like enhanced sybil detection, the team continues to set a standard of excellence and integrity in the crypto space.
This timely updates from the long essay and J.U.P Rally call today provides clear guidance on the path to achieving Jupuary 2025, along with a well-defined roadmap that aligns with @meows’ vision for Jup by 2027. It brings clarity to the market, unites the Jup community, and addresses much of the uncertainty surrounding Jupuary 2025.
I am feeling grateful to be involved into something crypto related that actually DOES listen to its users, filtrates the good from the bad and takes into consideration everything that’s been in discussion through this Forum, Discord and Twitter. @meow actually listened to the feedback, and we have no more vesting period for example.
We will only grow from here. There is no cap for JUPiverse.
Enjoy the ride, love each other and let’s make the best Platform/Product TOGETHER!
JUP IS HOME, J4J