JUP Airdrop Proposal for Season 2 - 2025

Jupiter DAO $JUP
1

Airdrop Distribution Proposal

Below is my detailed proposal for distributing 700M JUP Tokens in Round 2 of the airdrop. This plan reflects the tiered approach I’d use to ensure equitable allocation, rewarding a diverse range of platform users. Community feedback has been carefully considered throughout the process.

Allocations for New Features & Community Engagement – 700M JUP:

1. DCA Feature Users – 70M JUP
10% of the airdrop allocation is dedicated to 211,049 DCA users. Eligible users will receive a minimum of 100 JUP, with tiered rewards as follows:

  • $1,000 volume: Base allocation (100 JUP)
  • $10,000 volume: Mid-level allocation
  • $50,000+ volume: Top-tier allocation

This structure ensures high-volume DCA users receive proportionate rewards.

2. Limit Order Feature Users – 70M JUP
Another 10% will go to 189,249 limit order users, with each qualifying for at least 100 JUP. Like the DCA feature, limit order rewards follow the tiered approach:

  • $1,000 volume: Base allocation (100 JUP)
  • $10,000 volume: Mid-level allocation
  • $50,000+ volume: Top-tier allocation

These tiers incentivize increased engagement with limit orders, supporting diverse user profiles.

3. Perpetuals (Perps) Users – 140M JUP
20% of tokens are reserved for 230,058 perpetual trading users. Perpetual traders are rewarded through a separate structure reflecting distinct trading volumes. Allocation tiers for Perpetuals users will focus on their specific trading volume on the platform.

4. Community and “Earnestness” Engagement – 70M JUP
Community contributors, including forum users, Discord members, and Twitter supporters, are allocated 10% of the distribution pool. This 70M JUP allocation is at the discretion of the team and based on level of engagement. Community submissions will also be accepted, as in previous rounds, to ensure that high-contribution users receive appropriate recognition.

5. Stakers – 210M JUP
The largest allocation, 30% (210M JUP), is dedicated to Token Stakers. Each eligible staker will receive a base of 100 JUP, with additional bonuses based on a time-weighted voting power multiplier. This allocation structure rewards long-term stakers and ensures that committed users are fairly compensated for their support.

6. Swap Feature Users – 140M JUP
Finally, 20% of tokens will go to Swap Feature users who meet the minimum $10,000 trade volume threshold. This allocation will follow a tiered approach, as below:

  • $10,000 - $50,000 volume: Base allocation (100 JUP)
  • $50,000 - $100,000 volume: Mid-level allocation
  • $100,000+ volume: Top-tier allocation

This ensures that users with significant activity in the Swap Feature are rewarded proportionally.

Summary Table of Proposed Distribution:

Category Allocation # of Users Base Reward Volume Tiers
DCA Users 70M JUP 211,049 100 JUP $1,000, $10,000, $50,000+
Limit Order Users 70M JUP 189,249 100 JUP $1,000, $10,000, $50,000+
Perps Users 140M JUP 230,058 Varies Tiered based on trading volume
Community and Earnestness Users 70M JUP Discretionary Varies Based on engagement level
Stakers 210M JUP TBD 100 JUP Time-weighted voting multiplier
Swap Users 140M JUP TBD 100 JUP $10,000, $50,000, $100,000+

Total Airdrop Allocation: 700M JUP

Conclusion

This 700M JUP Airdrop Distribution Proposal aims to reward meaningful platform engagement while ensuring the integrity and long-term success of our ecosystem. I recognize concerns around potential sybil attacks—especially in areas like swap volume, which is susceptible to manipulation by actors seeking to maximize airdrop gains without genuine platform engagement. By implementing volume thresholds and tiered rewards, this proposal actively mitigates such risks, focusing on users who have demonstrated substantial, authentic interaction with the platform.

A central goal of this round is to encourage usage of new products and services, as well as to incentivize staking—building a strong, sustainable user base invested in the platform’s future. By prioritizing the airdrop for new feature users and active stakers, we’re not only supporting continued engagement but also fostering a more decentralized token distribution. This approach aligns with our commitment to broadening community ownership and strengthening the platform’s resilience.

I thank our community for their ongoing support and feedback in shaping this airdrop plan. Together, we are building a more decentralized, user-centric platform where each member plays a meaningful role in the ecosystem’s future.

Source: https://dune.com/ilemi/jupiter-perps ; https://dune.com/ilemi/jupiter-dca ; https://dune.com/ilemi/jupiter-limit-orders

Let me know if this aligns with your vision

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Good proposal, clearly well thought out and I think focusing on these features are more important than your basic swap. Good job!

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General remarks

Interesting alternative to my proposal. I would say: nice try but I am finding a lot of shortcomings, especially in regards of skewed focus and lack of inclusivity.

This proposal is also a bit less sophisticated with the allocations. It leaves a lot open, probably intentionally - but it leaves the reader with some questions still.

Elements 1, 2 and 5 (DCA, Limit and Staking) can easily be gamed with multiple wallets doing small volumes due to the very high 100 JUP base allocation you envision for each categorie. There is no minimum requirement which is tricky.

The DCA and Limit orders are too nice specific to receive an equal allocation of 140M JUP relative to Swap volume which most people use. Only 1.3% of users is using the DCA or Limit order function, leaving out 98.7% of Jupiter users.

On Solana when people want to buy or sell a memecoin, they’ll just swap SOL for that coin or the coin back to SOL. DCA and Limit is a niche trading functions. There’s no specific reason to push or promote it that much. Most people don’t use it.

Putting so much focus on DCA and Limit puts too much JUP in the hands of a 189,249 - 211,049 traders, while greatly disadvantaging regular swap users.

These ~ 200,000 traders only represent 1.3% or 1 / 77th of all 15.5 Million users. The other 98.7% of users is neglected in the proposal.

Even when only considering the 3,885,443 with $100+ volume users of Jupiter, you’re still leaving out nearly 95% (~ 200,000 vs 3,885,443).

The proposal furthermore neglects and excludes some very important user tiers.

This is leaving out 5.2 Million mostly legitimate users, who are the average memecoin traders on Solana / Jupiter. The $1,000 - $10,000 tier of 1,419,121 users is strongly neglected, as well as the $100+ general tier of 3,885,443 users.

  • $10M+ tier¹: 40M JUP / 4,422 users = 9,045 JUP per user
  • $1M - $10M tier: 70M JUP / 31,920 users = 2,193 JUP per user
  • $100K - $1M tier: 100M JUP / 182,332 users = 548 JUP per user
  • $10K - $100K tier: 100M JUP / 664,448 users = 150 JUP per user
  • $1K - $10K tier: 100M JUP / 1,419,121 users = 70 JUP per user
  • All $100+ users²: 40M JUP / 3,885,443 users = 10 JUP per user
  • $0 - $100 wallets²: No Allocation / 11,361,557 users = 0 JUP per wallet

Data remarks

About the Limit Order dashboard, the data isn’t correct. The data input stops somewhere around June where volume drops 95% - 99%.

Screenshot 2024-10-31 at 03.37.35
Screenshot 2024-10-31 at 03.37.353410×1254 280 KB

I also found the DCA link (not yet included in your post sources). The DCA dashboard seems to have correct volume data https://dune.com/ilemi/jupiter-dca

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The below proposal in my opinion is more fair, distributed, decentralised, balanced, growth-oriented and less easily manipulated - than the above.

It is manually written (not with ChatGPT like the above proposal) and includes feedback from dozens of community members on this forum.

It rewards many more legitimate users with a small airdrop providing greater distribution and decentralisation. Whereas your proposal is focussed towards around 200,000 users, the below proposal includes nearly 4 Million users.

It also doesn’t put large allocations into the hands of relatively small groups like 1% - 5% of users as in your proposal (see my previous comments) but considers a much broader user base of 3,885,443 users with $100+ volume while also giving more weight to high volume power users in a sophisticated tiered approach.

It does not provide easy opportunities for gaming the system, as your proposal does with the minimum allocation of 100 JUP for any Staking, DCA and Limit.

It covers all relevant categories like DAO / Stakers, Community contributors, New Feature Users, traders of JUP / JLP / JupSOL, Perpetual traders and JLP holders (liquidity providers) in addition to 7 important and specific volume tiers.

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I appreciate your feedback. I agree that 1,2 and 5 can easily be gamed but the fact is that they obviously aren’t - there is 100x more users doing swaps and those users were rewarded in S1. I think it is time to move on from swaps and make the focus on the new features of the platform. Those would only be gamed if someone knows in advance what the criteria would be. Data can easily be checked so we can see that those 3k dca users (for example) today have larger % of them being more authentic rather than those 300k wallets doing simple swaps.

Yes, i am not denying that i have used Chat GPT and that is for the sole purpose that English is not my native language and i want to have a better expression since this is a proposal, I have checked all comments on all JUP airdrop s2 topics and i think i am summarising what most people would like to see (there will always be someone who will not be happy, but i am doing my best)

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In addition I’d like to say that this is only a rough idea of what the airdrop should look like in my opinion - we as a community can add/remove/change whatever is needed to make it the best possible for us and for the future of the protocol.

As an Anti-Sybil measure I’d like to add 3 month minimum activity on the wallet so it couldn’t be gamed

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That for a fact is not true since each of the DCA/Limit/Perps categories have approximately 200k users and we cannot be sure that those 200k users are the same 200k users in each category.

I have included stakers as well which at the moment are 620k addresses (with some very basic filtering they could easily go in half)

I have also thought about swappers as well which by your estimates are 664448 users.

After all that being said i think that we will include roughly 1-1,5 million users which are very likely (and easily proven with simple filtering process) to be authentic.

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this is a dope table! i mostly agree with it. I do love how community and earnestness is discreationary. bc i can tell you so many people in dao deserve it!

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btw i dont really reply in here, just usually spend reading proposals but your post made me comment on this, loving your time spent analyzing all the details, but dont you think ASR rewards are filling wallets of jup whale already? another portion makes no sense imo.

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Great thread and even better table, i think that proposal from most of what I’ve seen fits the best into my vision for the future.

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No I don’t think so, there’s isn’t many people with their 100k airdrop who staked. Most sold in day one

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good proposal in terms of staking! just that instead of dca features…we could just focus more on volume based features

like good volume => more rewards
as not all power users use dca, and other features but yeah this could act as a mulitplier

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Whales won’t be fed because of my suggested tiered approach. As for the ASR vs airdrop debate i think we should see it something like that - ASR is a reward mechanism for the voting (because no vote - no reward) and airdrop to the stakers would be more like reward to new users for trying new things and gift for risking their capital

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I prefer this one over yours

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For perps if something like this happen maybe some options can be taken into consideration such as
Pnl
Fee
time interval of position etc …
I am not sure what perp volume represents, is it collateral or size ? size can be a tricky one with its 100x potential. In addition if it is collateral the previous statistics showed that perps is great for short term positions but might lose advantage in the long term positions in terms of fee. So even with a small collateral someone can pay as much fee as some other with high collateral (or size) positions if the position is open for days,weeks or months. If someone using jupiter perps instead of potentially less fee/more profitable cex leverage places that shows a good dedication too. To sum up, collateral , time span , paid fees and pnl can be potential sub criterias for perps or maybe non of these things happen, just mentioning different parts of some potentials :smiley:

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Prefer this distribution to jupwhales, rewarding users exploring the ecosystem compared to swap volume makes more sense to me and more JUP aligned

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as team mentioned earlier they will never allow botting governance or make it diluted, and there are more than 250k wallets with less than 10 jup staked. considering your opinion on rewarding 100 jup as base reward. dont you think this is unfair. https://dune.com/d3xter/staked-jup

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as per dune there are more than 750 individuals with more than 100k jup staked talking of 1m jup the count comes down to 35 (thats 35m votes)
you can visit the page → https://dune.com/d3xter/staked-jup
(P.S- not my dune link, sharing for data purpose)

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and?

Is it bad to have confidence in a project and hold a lot of JUP?

Stop pretending that the " whales " are bad actors, and start to value what they do for the ecosystem

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Whales seem to be worse than sybils :face_with_hand_over_mouth:

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