For real, Hess just wants to grab whatever he can but hasn’t done a transaction in 5 months. Don’t worry these Scammers will be Sybil Marked.
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A linear airdrop based on trade volume across all products on the Jupiter exchange might be fairer and can also help prevent Sybil wallet issues.
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why for proposal to pass needs 70 pecent but not 51 pecent? I feel that 90 percent are small stakers-10 percent a whales.But this whales have 50 percent vote!!In my point of view the proposals is Not going to pass because the Whaels doesn’t benefit from this proposal
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This proposal will fail because the whales don’t benefit from this!!why not normally more then 51 percent to pass?I think this PROPOSAL it’s a bit silly!!The Jupiary was promised long time ago.!!!I
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“If voting made any difference they wouldn’t let us do it.”
Mark Twain
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Wow! so many amazing insights and suggestions for the best way forward with Jupuary rewards
I voted NO and here are my thoughts and reasoning
The First Proposal (Lost)
This vote is for checking if the community is comfortable with 2 more Jupuaries of 700M JUP each. Because it is crucial that the whole community is unified, the team will be seeking a 70% yes vote.
Why I voted NO
I am a loyal supporter and investor in Jupiter and will be here well beyond this bullrun. I have a sizeable long-term position in Jupiter and cast my vote based on an assessment of the best strategy to leverage the long-term benefits from the Jupuary airdrop rewards as I see them
My reasons for voting NO
We are super early in crypto adoption
Mass adoption hasn’t even started
Jupiter is less than 1 year old! I still struggle to get my head around that!
Jupiter is well placed strategically for user growth with its fantastic mobile app
Price follows user activity - Metcalf’s Law
Growth & Success take time and Incentives/rewards
Jupuary is a fantastic incentive for growth and we can extend that benefit over more realistic growth target periods
Longer time periods allow better management of the challenges faced by rapid growth
Smaller Jupuary drops has less price impact
Lock-up periods are unnecessary IMO as a person who wants to cash out will just do it anyway after the lock up ends, you’re just delaying any likely price impact
I believe we can have a second, better vote once we reach agreement on its wording - this is one of the great benefits of the DAO process (along with ASR rewards of course!) I have attempted to draft a second vote and would love everyone’s thoughts and feedback
DRAFT Jupuary Proposal for re-vote
This vote is for checking if the community is comfortable with 4 more Jupuaries of 350M unlocked JUP each commencing January 2025. Because it is crucial that the whole community is unified, the team will be seeking a 70% yes vote.
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This is about what is best for the growth of Jupiter, right and big whales need to take a step back and stop being so darn greedy 
They should not think of their own already very big pockets, thanks in most part to Jup and the first airdrop, but rather what could best help evolve the ecosystem. Just get on with it. 58% yes vote should be considered as okay.
Furthermore I believe any wallet with over 200 Jup staked ( numbers just fictional) and showing combined real use on the exchange should have the same voting power as someone with 1 million staked. You could introduce a badge system. This would make the Dao more decentralised. This will avoid this kind of rare issue in the future. Rewards for staking should be based on how much you stake and should have nothing to do with voting power. @meow
When deciding on proposals where self interest outweighs what would normally be considered what’s in the best interest for the community and exchange, mechanisms need to be in place to help situation like this cope. For instance it should be a team decision or other solution.
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Thank you for your feedback.
It will indeed be very important for the team to consider each contribution to the Jupiter ecosystem in terms of the allocations.
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This is a great comment!
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Feedback About Swap Tiers
I just saw the proposal by the team for the Swap Users Tiers.
I think it’s a good proposal. It’s a solid data-analysis based approach which takes into consideration what has been proposed and discussed by the community.
I would like to give some feedback about one specific part of the proposal regarding the swap tiers.
The setup and thinking here is pretty good when looking at the usage data.
My main feedback, which I also saw others mention in Twitter Replies, is that the cut-off at $29K volume and $500K volume is very sharp.
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Someone with $1,000 in volume would get the same allocation as someone with $28,000 in volume.
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And someone with $30,000 in volume would get the same as someone with $495,000 in volume.
The difference between the tiers would be very large at ~ 15X - 30X.
It would make sense to add additional tier steps between tier 5 and 4 and between tier 4 and 3, making the difference less extreme and more gradual. For example:
- Tier 7: $800 - $5K vol ($5K step added)
- Tier 6: $5K - $29K vol
- Tier 5: $29K - $120K vol ($120K step added)
- Tier 4: $120K - $500k vol
- Tier 3: $500K - $3M vol
- Tier 2: $3M - $14M vol
- Tier 1: $14M+ vol
This way the difference between the steps is 4X up to 7X at most.
For your consideration @0xSoju @9yointern @meow @Kash.
Thank you very much and looking forward to Jupuary!
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Yes, the distribution by tiers really want to change it a little. For the initial convenience and broadcasting on the screen during an online meeting, the beauty of the numbers matters. For real distribution and greater interest of users, the beauty of the numbers in the tiers can be neglected to achieve a greater effect.
First, a small digression about my attitude to the project: I received about 20k $JUP based on the results of my swaps on the first JUPUARY, then I transferred all my trading from CEX to DEX Jupiter and according to DUNE by the end of 2024 I have a volume of about $8m swaps and 73k $JUP in staking (which I have never withdrawn from there and I have 16/17 votes).
That is, it is clearly visible that the first JUPUARY really hooked me and it played an important role in leaving CEX for the project platform. And I think that the part of users that are in tiers #2 and #3 generates the majority of volumes. And they need to be interested as much as possible, as I was interested in them at the time, so that they follow the same way as I did the full transition to DEX Jupiter.
I understand that the volume of allocated funds is limited and the question arises: “Who is paying for the party?”
As a user who has traded almost 10 million, I do not see much difference between 10k and 20k $JUP - both are huge and wonderful amounts. But if we forget about the beauty of the numbers in the table, then it is better to raise the minimum threshold of tier №1 from $14m to $20m, $25m or $30m - see for yourself, and let us not have 1000 wallets in tier №1, but 715 or 543 - it does not matter, the reward of 10k JUP for those who did not pass to tier №1 is already very large and in any case will bring a lot of joy. But, by lowering the minimum in tier №2 to $2-2.5m, in tier №3 to $400k, we will get a real increase in the number of participants and their loyalty among the most needed active middle-level users of the project, who are capable of growing significantly! in volumes next year. Yes, it is clear that the money for this from the decrease in the number of users of tier 1 will not be enough and it will be necessary to raise the minimum level in tier №5 from $800 to $1000 or higher. I understand perfectly well that the element of giving everyone at least a little bit for more hype among inexperienced users is important, but let’s face it: this year we are not rewarding anyone for a $5 swap. This was and will never return. But in 2026, the minimum level of tier 5 will already be $10k, therefore, it makes no difference what the minimum threshold will be in tier №5 now - even $2000. Those who would like to qualify for the minimum incentive could put a little more effort into this. After all, in order to get a volume of $2000, it is enough to buy and sell 5 times in a week 1 $SOL and there was a whole year for this!
This is how the table would look in my version:
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Nicee i agree with u
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Great idea to add this to my friend
The only issue is the JUP Between each tier won’t be all that significant
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Interesting suggestion! I do agree that there is some room for improvement on the tier distribution.
Key thing is to ensure that everyone gets enough to feel appreciated - with these new tiers we may have to adjust the amounts per tier, which will take a bit of math to figure the exact amounts.
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Its tough to run the numbers of how much jup per tier.
But if you look at my post on X, the whales are actually getting hit the hardest.
See here: x.com
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Let me expand on my thought a little:
The Jupiter project (that is, us) needs the majority of existing users to turn towards the project as much as possible. That is, to transfer all their movements in trading and perps to it. And if for tier 1 any amount will not be enough for this, and for Tier 4 and 5 we ourselves will not be able to pay out a large enough amount for a huge number of wallets, then we need to concentrate our efforts on the target audience from tiers #2 and #3.
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Do you guys have any thoughts on what the expert traders criteria should look like?
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25M$ Volume and only 20k$ jup ahahhdfkjglbnmfglkjnmfghlşkbfmvccgbn are you serious ?
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Guys, everyone is focused on diversifying the lower volume tiers because most people have low volumes, but no one is asking why someone with $15M in volume is being given such a small reward. No one is talking about this. It seems like Jupiter is genuinely intent on making money for sybils and airdrop farmers.
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