Jupiter Airdrop Proposal for JUPUARY (January 2025)

Jupiter DAO $JUP
184

There seems to be quite some overlap here with my proposal JUP Airdrop Round 2: Addressing Concerns & Proposal for Distribution which proposes specific amounts.

The fact that swap volume is saturated imo is not necessarily a reason to give it less weight.

If airdrop farming / gaming the system is the concern, there are effective methods to tackle it. My proposal weeds out 11,361,557 wallets with less than < $100 USD volume together with some further deduplication and anti-Sybil.

$100 minimum volume requirement used to reduce the general user base from ~ 15.25 Million wallets to ~ 3.9 Million users. This effectively weeds out around ~ 11.36 Million low quality spam users / bots and airdrop farmers.

Not sure if you’ve already seen / replied to my proposal but curious to hear your thoughts @Carls!

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185

I would like to make one last important comment about your proposal.

DCA, VA, LO and APE only represent around 1.3% of all Jupiter users (200,000 out of 15,000,000). The proposal therefore neglects 98.7% of regular traders.

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.

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

Even when only considering the 3,885,443 users of Jupiter with $100+ volume, (instead of all 15,511,622 Jupiter users), you’re still leaving out nearly 95% (~ 200,000 vs 3,885,443).

The proposal neglects and excludes some very important user tiers of traders.

It is leaving out 3.88 Million (3,885,443) mostly legitimate Jupiter users, who are the average memecoin traders on Solana / Jupiter.

It also doesn’t reward and honour the contribution of the greatest contributors / power users with the top tiers lacking from your proposal.

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186

I like this proposal, near to final, whith more litle adjust that shared for all comunity in this discusion

great JUP

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187

I have read it
It is great.
But I want to make a comment, why are we using the criteria for first JUPUARY for second.
I think there are things that need to change
We are moving forward, we need to change some criteria regarding second JUPUARY if it gonna happen.

I deliberately don’t talk about token allocation , becos I don’t know how team will go about allocation.

I only talk about likely criteria, that the team may likely used.

From what I posted it doesn’t mean , all what I post will be followed duly , but maybe some of it will be followed.

We have alot of things in jupiverse within the span of 1 year , alot of had happen , alot still going to happen
Regarding your approach to use last criteria, I will not fully accept it.(In my opinion)

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188

Other features too are as important as swap.
From the total 15M, the 200k that use the other features are among.

Even last JUPUARY, DCA got multipliers over swap.

Just because less people make use of it.

Less number of people making use of those features doesn’t make it inferior to swap.

All those features are also product of Jupiter, using them for there different purpose ( which I enjoy, especially DCA and limit order)

And I think not all cat will be fed this time around( just what I think)

15M users can’t get cut of JUPUARY, if it going to happen.

And also , jup give 200 jup to everyone(955k) as a welcome gift even if you use jupiter once.

Don’t expect the same treatment again.

Last JUPUARY, the volume to qualify for the airdrop is $1k and was later reduced to $867, but let stick to $1k.

And with the growth in jupiverse, I don’t expect Jupiter to still make use of that $1k again(ARE THEY NOT MOVING FORWARD?)

So base criteria may not even start at $1k. Maybe X3 of last JUPUARY (making it $3k- just an assumption)

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189

The peak of Layerzero usage was June 30th 2023 at almost 760k txs for the day.
For comparison yesterday there were 38k txs. That’s 20x difference.

Starknet went from having at the top 15k active wallets per day to having single digit active wallets per day

Now tell me, how many of that 15 million wallets that were active on Jupiter you think are real? Do you still think that the 182332 users who did 100k$+ volume on swaps are real and deserve 548 Jup each?

Maybe those 1.3% of users who used the niche criteria actually deserve to get an airdrop.

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190

If we bench the volume to $100 for the past 3 years
Only 3M

Now let move it further to maybe $1k
We will have less than 2M that are active and real
Over 13M wallets with $1-$999

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191

In my opinion
With doing less number things

This is far more okay to me
Compared to distribution I have been seeing so far

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192

This is a great forum, commenting so i can circle back later see how this ages

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193

Those that focus the “niche criteria” are often the least organic users. The people that use everything and anything are most often farmers. I don’t need limit orders 99% of the time.

If we want to sybil bust and incentivize rewards for real users, it should probably be done through higher thresholds for tiers, maybe even a minimum stake balance or a points system through hitting a minimum set of tiers on a wide variety of categories.

If you did 100k volume on swaps, yeah you probably do deserve 548 Jup each that sounds totally reasonable for the record.

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194

I’ve seen every planetary call but 5-7 hours after Livestream due to work so I never get a POAP.

Just something to think about.

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195

Most of the 2.3M out of 15.5M total users in below tiers are likely legit

  • $10M+ tierš: 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

Maybe some users with multiple wallets, but little serious farming there.

In the $100 - $1000 tier there is likely more farming taking place. Fewer legit users.

  • All $100+ users²: 40M JUP / 3,885,443 users = 10 JUP per user

But I made the allocation there only 40M or 5% of the total for a great number of 3,885,443 - still ensuring no legit users are left out completely. Farming clusters can be found and excluded with anti-Sybil analysis. There’s no need to exclude legit user groups if the team uses proper deduplication strategy which they said last year they would do in future rounds.

In the $0 - $100 category (not a tier) a large percentage of the 11,361,557 wallets will not be legit. Mostly algo-manipulating for memecoins on platforms like DexScreener, and farming.

  • ($0 - $100 wallets²: No Allocation / 11,361,557 users = 0 JUP per wallet)
196

100% correct. This can be confirmed if you look at YouTubers on the topic of Jupiter airdrop.
I have prove that DCA, Limit Order, (Vote and Perps) are being gamed.

You can see it clearly when you look at YouTubers on the topic of Jupiter airdrop.

They all tell their audience to use all different features like DCA, Limit Order, Vote and Perps. You get these results in YouTube simply by searching for ‘‘Jupiter Airdrop’’, but all these video’s are void of any interesting information and are only about farming the JUP airdrop.

YouTuber Example 1: Jupiter Airdrop Season 2 - FULL TUTORIAL GUIDE
YouTuber Example 2: Claim Airdrop + JUPITER Airdrop Season 2 - DO THIS NOW
YouTuber Example 3: THE NEXT JUPITER AIRDROP WILL BE BIGGER THAN THE LAST!!

FYI I think this kind of content is absolute junk. I’m sharing it to prove that farmers actually focus on using DCA, Limit Order, Vote and Perps. Most will do it with relatively low volume.

That’s why adjusted volume determined tiers are still the best way to exclude illegitimate use. You’d need to apply a minimum volume requirement of $1,000 for the most allocation. The team would also have to do deduplication and anti-Sybil with blockchain analysis.

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This is not the first time there will be content on airdrop about Dexes
Chek twitter and find a lot of tweet about Jupiter regarding airdrop
And tell me if they don’t talk about other features
Airdrop farming content had been a thing from the past and won’t stop and can’t stop

  1. Jussy talked about it
  2. Fabiano did
  3. And lot of people

Since you know the farming with multiple wallet take place in $100- 1k volume , why should we still make use of it.
Did you have any motive behind that ?

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198

Then give it to them

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