I’ve made my reasoning very clear as to why I propose to allocate 65% of Jupuary to the 2,302,243 users ($1000+ volume) - 3,885,443 ($100+ volume) regular traders on Jupiter. This is why:
1. Because because 90% - 96% of people only use Jupiter to for regular trading.
2. And because Trading volume and user count / onboarding is and will always be the most important metric for any cryptocurrency exchange , centralised or decentralised.
Trading volume and user count / onboarding is and will always be the most important metric for any cryptocurrency exchange , centralised or decentralised.
Trading is something that every Jupiter user does. That’s how the average memecoin degen is onboarded onto Jupiter, by doing some memecoin swaps. That’s why there are 3,885,443 users with $100+ volume and 1,419,121 users in the $1,000 - $10,000 trading volume tier.
Most people use Jupiter to swap memecoins , while only around ~ 5% - 10% of users utilise the more advanced features of the Jupiverse.
Jupuary is an opportunity to engage these millions of regular users , and to concert them to the Jupiverse with all it’s options like JUP, JLP liquidity providing, JupSOL, advance trading features, DAO / Staking JUP, Perpetual contracts etc.
The volume tiers help identify which users are more valuable and contribute more to the trading volume. It would be irrational to further reduce volume-based allocation. Although trading volume tiers will have less focus in round 2 compared to round 1, they deserve an important role in the Jupuary airdrop.
That’s why this round 2 proposal includes 35% (250M) to New Jupiter Features & Community Allocations 250M JUP and 65% (450M) to Adjusted Volume-Based allocations 450M JUP (with deduplication).
DAO / JUP Stakers, Community contributors, New Feature Users, Perpetual Traders and JLP holders are all included in this Jupuary proposal, alongside with regular traders of the volume tiers $10M+ tier, $1M - $10M tier, $100K - $1M tier, $10K - $100K tier, $1K - $10K tier and $100+ users.
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