New here! But have been down the rabbit hole of all the proposals going on. Airdrops nowadays are mostly farmed especially when users are aware it is coming, especially something as big as Jupuary.
You will have farmers regardless, because you are announcing an airdrop so volume has no play in weeding out sybils or anyone else because you will have some really big traders that will constantly farm.
Jupuary is about REWARDING true users of Jupiter. Yes, swap fees and perp fees generate a huge amount of revenue for Jupiter but these are where you would go as a Solana user to make your trades and swaps regardless, yes you are using Jupiter instead of Drift or Raydium etc. because Jupiter has a clean UI that is easy to use so most come to Jupiter. But are those people using Jupiter because they really care about it?
The only people that really care about $JUP (Jupiter) is the stakers. Point blank period. It doesn’t matter if you are using this feature or that feature when it comes down to it.
Are you as a user simply staking your JUP and locking it up for atleast a month or 3 or 6 or a year.
When you take part and decide to “lock” your own money these are the true users. Anyone can swap or trade or hold tokens but what does that mean if you are not locking these tokens and removing them from the supply. These people are making sure the coin goes up and Jupiter advances as a whole.
A majority of the $700m if approved should reward stakers. No I haven’t developed a proposal but something around the nature of 70% of this allocation should go to stakers on a tiered based system (including amount & length of time)
Are people going to throw a fit because there allocation was not as large for the swap traders or the perp traders? Yea of course they will, are they going to leave? NO. And if they do then you will see who the real users are that will contribute to Jupiter.
If you use Solana you are 100% aware of Jupiter, this does not need to be a marketing campaign to reward users that was the first go around. Now its time to focus and lock in on the people actually making a difference for the token. Giving the token to people just to dump because they used the platform is an old ideology for aidrops and doesn’t reward real users wanting the token to go up.
Am sure the team will be able to figure out who’s who. I think it’s best to trust the team to come up with the best possible scenario regarding fair distribution what is best for the dex and balancing a large airdrop for new users and committed stakers. Mainly it is actually better to have people deciding who won’t get an airdrop because all others are going to have opinions heavily based on how they have used Jupiter in the past year, naturally to get the biggest share.
Great post @hunnndini, completely agree on all counts.
If stakers aren’t rewarded in a big way, it will significantly impact the price of the token - as (knowing there will be another Jupuary in 2026 if plans go ahead) people will know there will be more dilution coming - there is therefore no attraction to buying, holding & staking JUP if they’re going to distribute it more widely to people not as invested in the project as they are.
This is the truth. Jupuary 2 sends a strong message for the current and future community members regarding if JUP is worth buying and holding.
Successful Jupuary 2 creates more value for JUP, makes it attractive for new buyers and thus decentralises the community while introducing positive price action for the token.
The best marketing in this space is when the token performs well. People will find it and start digging deeper into JUP and Jupiter.
In the worst case, stakers/voters are rewarded poorly and JUP becomes worth less. People lose excitement and start moving towards other exciting projects / tokens, reducing the value of JUP.
Thankfully people who are financially committed to JUP and Jupiter are the ones voting about Jupuary and that’s how it should be. I encourage every JUP staker to vote with this in mind.
I can see where you’re coming from, and the idea of rewarding stakers as the “true users” is compelling. However, I’d briefly disagree on the allocation being 70% to staker’s for a couple of reasons.
First, airdrops, by nature, are a tool to increase platform usage, engagement, and awareness. The goal isn’t just to reward existing users, but to attract new ones too. If you allocate a huge portion solely to stakers, you risk excluding the broader user base. Moreover, People who actively use the platform but don’t stake are still contributing to the ecosystem, even if their participation is more transactional.
Second, staking is an important long-term incentive, but airdrops also need to account for those contributing to the platform’s immediate liquidity and growth. Swap traders, perp, etc and active users are part of what keeps the platform thriving. Without a healthy level of trade volume and participation, even the stakers would struggle to see their rewards grow.
I’d argue that the reward distribution should be more balanced—maybe something like 10-20% for stakers, with the remainder going to active users, traders and JUP product users. This way, you’re both incentivizing long-term commitment and also keeping the ecosystem vibrant for all types of users.
That was for the first airdrop. There is no need to generate more “awareness” every Solana user will use Jupiter regardless because there is no other platform like it and no one should expect anything because we use platforms everyday that collect fees and i personally do not expect anything from that.
we do however need to reward the people who care about the token price for Jupiter because this means they deeply care about our ecosystem. Think about what it takes for you to lock your money up for months sometimes years. These are the users that need to be well compensated for.
I can agree with the basis of this. Farming will happen regardless but as someone who rarely has the time, or the know-how, to farm airdrops it would be beneficial to reward conviction for JUP participants that are staking over long periods of time.
It can get tricky still with users that choose to farm staking incentives across multiple wallets.
I simply used the power of language and emphasis to try to get a point across; how outlandish and absurd it is to propose something which so strongly goes against the Jupiter ethos, is filled with the self-interest of a small group, and is completely out of balance in terms of the numbers and percentages.
Although it is somewhat irritating when people keep bringing up the same points and unnecessarily starting new duplicate topics without first reading up on the previous topics, there are no hard feelings and there is no passive aggression from my side