Actually, I already replied to that. @BTC just keeps repeating himself.
There is only 440 Million JUP Staked. A 220M JUP airdrop for 440M JUP staked would mean 500 JUP per 1000 JUP staked airdrop. In his world someone with 1 Million JUP would get a 500,000 airdrop (50% more JUP), at the cost of millions of regular Jupiter users. This proposal of him and other whale stakers is simply preposterous, ridiculous and motivated by nothing else that self-interest.
The most I think the team could do is 70M - 110M JUP to stakers, which already represents an astonishing 15.9% - 25% bonus on top of their JUP staked!
Allocating 220M to 440M JUP Staked (500 JUP per 1000 JUP staked or a 50% increase of JUP as you propose) is absolutely unnecessary, out of proportion and disadvantaging the broader Jupiter user base!
There is only 440 Million JUP Staked. A 220M JUP airdrop for 440M JUP staked would mean 500 JUP per 1000 JUP staked airdrop. In his world someone with 1 Million JUP would get a 500,000 airdrop (50% more JUP), at the cost of millions of regular Jupiter users. This proposal of him and other whale stakers is simply preposterous, ridiculous and motivated by nothing else that self-interest.
The most I think the team could do is 70M - 110M JUP to stakers, which already represents an astonishing 15.9% - 25% bonus on top of their JUP staked!
Your wish for as much JUP as possible for stakers seems fuelled by nothing else than self-interest and should receive no serious attention.
ASR already provides 200M which equals 45% bonus.
If you add 70M (15.9% bonus) or at the most 110M (25% bonus) from Jupuary, that makes 60.9% - 75% bonus giving a 1,000,000 JUP staker 600,900 - 750,000 JUP on top of their staked JUP extra!
60.9% or at the most 75% is already a crazy return and provides more than enough incentive for JUP stakers. Anything beyond that is completely preposterous and shouldnât be taken serious by anyone on this forum.
There is absolutely no merit to your outrageous and baseless accusations. I have not been negative towards JUP stakers. The DAO is of vital importance to Jupiter.
All Iâm saying ââagainstââ JUP stakers is that wanting 950 JUP per 1000 JUP staked (95%) total is out of proportion. It would come at the cost of too many average and many active Jupiter users. 609 JUP per 1000 or 60,9% is enough.
Iâm also saying JUP stakers shouldnât receive to much leniency in the voting process about voting for their own rewards, because there is a clear conflict of interest.
I have proposed to increase the reward for JUP stakers to 60.9%!
200M from ASR / Jupuary #1 (45%) + 70M from Jupuary #2 (15.9%) = 270M JUP distributed among 440M JUP staked!
Linearly distributed that would total 609 JUP per 1000 JUP staked!
This means that someone with 1,000,000 JUP staked makes 609,000 JUP!
Itâs a balanced and community-refined distribution proposal which is inclusive and comprehensive, providing sufficient decentralisation and JUP distribution.
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Community Allocations & New Jupiter Features | 250M JUP:
DAO / Stakers: 70M JUP / 439M Staked JUP = 159 JUP per 1,000 Staked
0.159 JUP per 1 staked JUP / 15.9% bonus on top of staked JUP. If possible using the average of different snapshots of round 2.
Community contributors: 70M JUP = distributed at the teamâs discretion
eg. Discord, Workgroups, Forums, POAP NFT, Promotors etc. based on level of contribution; with community submissions as in last round.
New Feature Users: 70M JUP: / est. 1,000,000 users = ~ 70 JUP per user
Any user who traded JUP, JLP, JupSOL and/or who used new Jupiter features like DCA, DVA, Ape, Perps. Specific distribution is up to the team.
Lol. The bull market is only just starting to gain traction. Most gains still have to be made.
I think JUP to $10,00 is more likely than JUP to $0,10 in the short term.
Itâs a vain attempt to try to make everyone pity stakers who already get 45% ASR for ââthe huge risk theyâre takingââ, to get even more % on top.
Iâm my proposal Iâve suggested 15.9% additional (70M allocation shared among 440M JUP staked) for DAO / JUP Stakers.
Thatâs already generous considering that there already is the 200M ASR resulting in 45% APY, which came from unclaimed Jupuary #1 tokens.
Irrelevant too. Jupuary is not a risk-compensation for staking JUP.
Jupuary is not a compensation for using Jupiter in any form or way.
It is completely beside the point to discuss who deserves more JUP.
Jupuary a community distribution method for the new JUP token.
The Jupiter team when explaining JUP tokenomics, outlined 40% of community distribution through 4 rounds of Jupuary airdrops. That became 28.85% of total supply after the 30% burn and after 220M unclaimed JUP from round 1.
He has a good point. Itâs pathetic to call someone a farmer who holds 100K JupSOL, 10K JUP and a few organic wallets with high trading volume.
That having said, @Jeanlucbb0 I understand youâre upset for people throwing around baseless accusation, but you might want to dim down on the language to keep a good standing on this public forum and to not get censored away.
In my above post about thit topic, I propose that the team presents a specific balanced Jupuary distribution proposal and puts it up for a simple yer or no vote.
Youâre exactly right & the community is not defined soley by the swap users, all be it they do the most volume they do not deserve the lions share of the airdrop. The DAO/community/perps users should be allocated appropriately given how important they are towards the ecosystem
The way you state it is inaccurate, since JUP Stakers received 200M JUP from Jupuary round #1 unclaimed tokens.
The total of 200M from ASR + 70M JUP from Jupuary would bring the total reward & airdrop for JUP stakers to a whopping 270,000,000 JUP for 440,000,000 staked.
Yes I know how markets work. Like I said, itâs realistically only a few percent.
JUP demand is likely to increase with all the hype and (social)media attention.
Many people donât yet know about the juicy ASR which provides a good financial incentive to buy, hold and stake JUP. Itâs time to engage the Solana community and usher them into the Jupiverse, and to convert regular Jupiter users into super users, community members and Jupiter ecosystem token holders and stakers.