Funny how many think the ASR is/was too much after they pocketed the rewards. Nobody raised this problem prior.
The team made it clear. They will have a proposal and they would like this proposal to pass the vote. I don’t know how the proposal would look like, but I would vote for it, just because I trust their vision.
Sooner or later, these tokens will be out on the market. That was the initial plan and this is how it should be.
I don’t know who cares more about the future of Jupiter, these voting against team’s vision or these trusting the team.
I was here for 1 full asr period and surprised I got about 18% for staking. IMO that alone is not sustainable. Similar to atom, solid project but no real utility for the token and outrageous staking yield (dilution). Atom is a great project but not a good investment. I’m seeing same thing with jup. I’d gladly give my 18% reward back to have this trading at $2 plus. I think the teams vision is honorable but not realistic, they need to rethink the amount of dilution they’re recommending. No one is going to want a worthless governance token. They need to make value a priority
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That’s a very big assumption on your part. I have not, in fact, and will not make up my mind until the official proposal is posted. Until then, everything is subject to change and there has been a lot of conjecture.
It is also a big assumption that anyone pro-Jupuary is in the minority. There has been no vote so there is no data to back this up. They may be in the vocal minority but that’s a separate issue.
Nope, not afraid. What exactly is there to fear? The my magic internet money is now worth a few dollars less? I have more important things to spend my energy on. Besides, all 700M tokens will not be dumped. Some, yes; all, no chance guaranteed. First Jupuary, I received and very modest amount all of which I staked and have left staked all year. There are likely many others that will do the same this time around.
Sure. I’m open to any and all suggestions. In fact, if the Jupuary proposal and subsequent iterations fail to pass, other options will be strongly considered by the team.
Real growth happens with immense struggle. It’s easy to airdrop tokens in a bear market to attract people. Everybody loves free money when times are tough. But usually you just end up with a bunch of leeches wanting more and more freebies.
Conversely, it’s really, really difficult to get people to buy in to a long-term vision and to give up short-term prosperity to do so. That’s when real growth happens.
You gotta take big swings if you want to hit home runs. Sure, you can play small ball dink and dunk with a bunch of singles but there seems to be a two year window in which Meow and the team have certain things they are trying to achieve in this phase to set up the next one. There may not be enough time for small ball.
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It’s not intended to be sustainable. It’s designed to get the tokens into circulation to the people who have shown a commitment to the DAO. $JUP as ASR will eventually come to an end.
What happens after that? Why would anyone still hold $JUP and be a part of the DAO? That remains to be seen but I believe they have some ideas.
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Well, the team is not thinking tomorrow like you. They’ve clearly asked for 2 more years to get Jupiter were they want.
As I said before, most of you will be gone by the end of the year, regardless what will happen to Jupuary.
Stakers crying about Jup’s price action after Jupuary should’ve known about Jupuary2, long time ago. Most got close to 50% on investment and guess what, nobody complained about any dilution.
They didn’t complained because it was good for their bags. Now, when others should be rewarded, we have a dilution problem.
I said from the beginning, I think it was a mistake to eliminate stakers from Jupuary. However, I can’t agree a bunch of fat wallets to decide new users shouldn’t get some rewards (gift) just because their bags are getting affected by this event.
It was good when they’ve got rewarded on the first Jupuary but now, nobody else should get rewarded just because they want so. Total bs imo.
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Don’t mistake all of the speculation for facts. Stakers have not been eliminated.
Fact is, the exact criteria is unknown and will be when it comes time to vote.
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I meant staking as a qualifying criteria for the airdrop. I thought, some of the stakers, should’ve been rewarded regardless the use of the platform.
I would’ve look at the stakers that never sold from the initial airdrop, stakers that bought tokens from the open market, stakers that have a certain amount staked. I don’t know if this is the right approach, but I think some stakers deserve to be part of the airdrop, regardless the use of the platform.
I understand and I’m saying that stakers who have not used the platform still may be eligible. Fact is, we just don’t know for sure.
From what I know, Meow said staking only won’t qualify them for the airdrop. I think that’s why we are here now.
the only thing to not include is to not get governance botted which could be encouraging sometimes. after all talking of rewards its linearly sufficient to keep staking at first place, the thing would have trigged if what even yield bearing had locking period but not that could aswell be unstaked in one go.
if really wanted to keep vote without interest then team should have not reveled even a clue of whats included and whats not, provoked it then relying on it for results dik move.
Why there was no locking period for the first Jupuary? Why there was no locking period for the fat ASR rewards? A locking period never was planned nor discussed until 2-3 weeks ago.
Then you are behind the times. Anything is possible and everyone will likely be included to some degree.
interesting but not upto everyones standard to understand this even made sure every humanness are rewarded and not bots.
I don’t know exactly what that means, but I hope you are right and I’m wrong.
However, making everyone part of Jupuary, it’s a very unlikely outcome.
You need to realise that first Jupuary was token TGE. No one knew how it will go. How many members we’ll have. How many non-aidropped people join also.
You can’t be mad at people trying to protect their investments. No one invest for losses.
Doing Jupuary in same manner and with same goal is unreal. People need to want join by themself. And there’s ASR comes in the game again.
Team wants to inclusive not exclusive. I think it’s more likely everyone is a part of Jupuary than less.
My friend I understand your point. I bought my Jup tokens on the open market. When I’ve made that decision I knew this January 1B tokens will hit the market. It was something that I was fully aware about it.
every investment comes with prior knowledge and analyzing as if the tokenomics was fat fingered after staking was announced, jupuary was roadmap from day 1 i dont want to spam that meow post every now and then.
everything was perfect as long ASR was milked and the longer the APY incentive was. the motive is as long jupuary is extended will also stretch staking incentive and bag could be more fatter then before on top without any locking period pretending to be loyal and dumping at one go.
habibi come to dubai.
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I understand you don’t like to see people winning with knowledge that your bot farm probably wont pay-off.
But if you hold at least few JUP, trust me, no more Jupuary is better verdict. Even in long-term.
Let votes speak for themself.