yep, same with me uysing ledger
I vote for it , I don 't see any risks , the price will recover instantly , many will not sell this generous gift and will put in stake .+ 30% burn . Our community will grow at least 2 times .
J4J💚
you can translate and post
Jupiter is a business, first and firemost.
It is a business that grows based on fees it charges for trading activity.
Without trading activity or trading fees, there is no Jupiter.
The DAO is nothing without the trading platform.
The DAO is reliant upon the growth of the trading platform.
Its short sighted to deny essential growth marketing funds to the trading platform whose fees entirely prop up the value of $JUP
proof of humanness? sybil is not a bot
about analysis tools - sybil detection rate would maybe 50% not more than that I feel
Being able to grow together with Jupiter is a joy for me.
There are many was to perform deduplication and exclude Sybils. User activity logs, proof of humanness, on chain connections between wallets by transfers from A to B, similar transaction times, amounts and patterns etc. It’s not difficult.
In addition to manual Sybils, bot activity can easily be recognised by transaction timing and paterns because it lacks randomness, and by on-chain wallet connections. It’s easy to filter out clusters of farmers, and an additional ~ 13,197,757 wallets would be filtered out by applying a $1,000.00+ transaction volume minimum or 11,361,557 filtered out for $100+ volume minimum.
i believe i saw a tweet from @meow saying every january will be jupuary, is this to say that were choosing for only the next 2 to be jupuaries and then the rest will be no events?
Spending money on user acquisition is not a new technique
Literally every tech company does it
Robinhood gives out free stocks, Uber deeply discounted rides for years
Its not rocket science
One-time costs for user acquisition pays off long-term
Period
Its not a theory, its a data-backed core principle of growth-oriented organizations
As you mentioned, $JUP is not a speculative instrument.
The business model of Jupiter is the growth of its trading platform.
From a community perspective, positive delta price changes in $JUP are an opportunity to drive growth in the platform NOT something to be capitalized on personally.
This is really simple. I’ve worked in the tech industry for almost 20 years.
The mantra is “Grow or Die”
Platforms like Jupiter need to grow their user base consistently
If Jupiter’s user growth stagnates it will die
The DAO is nothing without user growth
Jupuary is a growth marketing tactic and its shown to be extremely effective
Voting against growth is shortsighted and selfish and not aligned with the philosophy of Web3.
Thank you sir. Actually the way the vote goes right now, confirm everything I said.
Just staked another 1000 JUP before voting. #Jupuary25 #LFG!!! The earnest in me believes in community eats first!#Whowalksamongtheearnest
#theearnestwillshapeourfuture #PPP #CAT
The proposal for two more Jupuaries is an amazing opportunity to expand the community and further decentralize the protocol. The focus on inclusion, engaging real users, and continuous feedback shows the team’s commitment to building something sustainable and aligned with the community’s values. I fully support this initiative and believe that, together, we can make the next Jupuary a milestone for JUP’s growth!!!
Very nice. Thank you for the excelent explanation!
@theebigmatthew well said brother of thy name
I’ll be right there with you
What trading fees are you referring to?
As far as I know, Jupiter swap does not charge a fee and Perps fees are shared among $JLP holders (ie. perps liquidity providers).
Many of these people are used to stake ponzis in Defi and know nothing about business, they’ll say as much that they don’t care about rewarding or incentivizing the user and that Jupiter exists and will do well solely because of stakers.
Personally I think the 70% minimum vote size was the first huge mistake by the team, totally undemocratic. FORCING people into being “unified” is not going to make people unified.
Owning a token that exists as a stake ponzi is totally pointless and if the only supply that will get voted on is that for an ASR 2.0, I will simply FUD the project to death and stop using the product. No interest in supporting short term payouts of a few hundred whales, that has absolutely nothing to do with “community” or PPP and its totally idiotic as a business model.
That really depends on the business model? You need to measure your CAC in respect to your LTV and see how worth it is to do so.
That is correct but the main question is how $JUP drives that growth. Is the awareness really reaching the right people? Would airdropping to existing users really achieve the same as airdropping to new users? Are we targeting the right audience?
THIS IS THE WAY!!!
as always, MEOW is on the mark, knows very well what needs to be done and how it is always meant to be.
YES YES AND A THOUSAND TIMES YES.