This would be ideal. A stiff penalty to anyone who wants to claim early and jeet. This gives people the option on how they want to claim while rewarding those who want to hold. Release a prorated amount per epoch with the unclaimed going back to the treasury.
Its common to prioritize growth over maximizing revenue for early-stage tech start-ups
But company valuations are literally based on annual reccuring revenue multiples or discounted cash flow models
Both of which are directly determined by cash generated by operations AKA revenue
If you care about Jupiter as a platform and community actually surviving then long-term growth of revenue generating users is the most important metric
I dont understand why members of the community expect to be rewarded so much for basic levels of community involvement that occur in every online organization
Growing the pie and getting the gift to the hand of right jupiverse cats.
I wouldnât try to compare $JUP with something like $DRIFT. Itâs apples to oranges.
Currently, the only metric you could currently use to ascribe value to $JUP would be the quarterly returns from Active Staking Rewards (ASR) for participating in governance.
There are plans for the future of $JUP that are tied to the DAO, Checkpoint 2027 and whatever else the team is cooking up, but all of that is above my pay grade.
@Shi welcome to the community!
Is Jupiter Exchange a company?
Jupiter accounts for 2/3 of all defi traffic on Solana, the worldâs most popular blockchain, and the core product team has grown to more than 70 people.
Jupiter is not only surviving but truly thriving. If ever that is no longer the case, then letâs regroup and talk about ensuring survival.
Why do you assume âbasic levels of community involvementâ? Do you consider yourself involved at a basic level?
Ask anyone working in the DAO and youâll find that JUPDAO governance is hard work when you do it properly (ie. keeping up with live events, news, updates, proposals, feedback, etc.). These are the behaviours that need to be incentivised rather than responding to people who are doing the bare minimum to earn ASR.
Hope you can see where Iâm coming from.
need to have some Jup and stake it in order to participate in governance. to get jup just swap on jup.ag, and you can get to the governance page from there as well. vote.jup.ag
Thanks, much appreciated. I love what Meow and Siong are doing, but I feel it is important they make the next few moves carefully to not slow the momentum. I appreciate your insightsâŚ
I have been stalking Jupiter since the beginning of the year and I am a faithful believer in this beautiful project. However, I think the airdrop idea needs to have a lot of modifications. First of all, those of us who stalk JUP and participate in the votes should be taken into account as an eligibility requirement, since we are the ones who really want the project. It wouldnât be fair if the airdrop only benefits people who only constantly made swaps speculatively. At the same time, I think the airdrop should be smaller, and allocate more tokens to stay in order to increase the price.
A Yes vote seems like a continuation of Jupâs plan from the beginning. Grow the pie. Put ownership in the hands of the users and builders.
I think this JUP airdrop distribution should include the weight of multi-signature wallets like the OPâs first round of airdrops, so that customers will be more real.
idk, probably most must try to have more long term vision (i voted yes)
i voted for YES, because i belive and trust in Jupiter. The Team do some hard work to bring mass adoption to the blockchain. Solana for me is THE blockchain and Jupiter is the first thing i telling people, no other platform is more self explained as JUP, no other platform has this great opuntie to do research. We all grow together and we all bring blockchain to others. J4J
YES letâs grow the community, and grow the pie all together!
When we say despite this, it is said that 700M JUP will be distributed to everyone, not to those who stake. I am staking for 1 year, why are we not the priority?
Where ever it goes, all in with your heart, Letâs grow the pie
This initiative sounds promising, but I wonder how you will ensure fair distribution during Jupuary without favoring whales or high-volume users disproportionately.
The emphasis on a unified community is critical, and I appreciate the teamâs transparency in making this a supermajority vote. What specific measures are being planned to ensure inclusivity across different user segments?
I love the idea of using proof of humanness to prevent sybil attacks. Can you provide more details on the technologies or methods you plan to use for this?
200M between stakers based on total voting power used during year
500M between users by team rules
No lock
everybody happy
Initiative to staking your tokens and participate in DAO will be also much higher with knowing youâll be rewarded in another Jupuary
Put this into next proposal and you get your YES