Reasons why we should not have another Jupuary (in numbers)

There have been clear promises for multiple (4) rounds of airdrops, taking place every year during Jupuary (January). You can find several of them in the Grow the Pie update #1 alone: https://www.jupresear.ch/t/archived-grow-the-pie-update-1/.

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There should be at least one more JUP airdrop to close of round 2, as this has been promised by the team (see quote above) and the entire last year from 2 November 2023 until 2 November 2024 people have been engaging with Jupiter in a variety of ways, being incentivised to use Jupiter instead of other platforms (like Raydium directly) with the promise of multiple more rounds of airdrops.

This has been announced by the founder and CEO of Jupiter. It would IMO destroy the reputation of Jupiter to cancel the airdrop after having promised it.

If there would be a vote about the future of Jupuary we would have to consider the timeframes properly.

  • Round 1 was from the beginning of Jupiter until 2nd of November 2023 with airdrop in January 2024

  • Round 2 was from 2nd of November 2023 until 2nd of November 2024 (next week) with the airdrop in January 2025

In other words, round 2 has nearly been completed and all the activity for the airdrop snapshot has already been contributed in the last 12 months.

If there were to be a vote about IF there should be another round of Jupuary, this would have to be about round 3 and round 4 (as round 2 is now coming to a close).

Only 955,000 out of 15,247,000 users (or 3,885,443 users with $100+ volume) were part of Jupuary round 1. Everyone else has been contributing to JUP and Jupiter in the last 12 months, but have not received any airdrop.

Millions of new users who missed round 1 have been trading all of last year since November 2023, trusting they would be eligible for the airdrop in round 2.

I’ve traded for millions of USD in tokens and used nearly every feature of Jupiter. I’ve also launched several tokens and memecoins on Solana which have in turn contributed to many Millions of USD in transaction volume.

I myself joined Solana in November 2023 and have not received any airdrop. Many millions of users are in the same boat, and are looking forward to be part of Jupuary for the very first time (instead of only seeing others people’s airdrops on Twitter).

It was a very sour feeling to just miss out on the first airdrop, and have been looking forward to Jupuary all year - hanging on the promises of Meow and Jupiter (see the 3 quotes by Meow at the beginning of this reply).

Not keeping promises and sticking to the plans would deeply hurt my trust in Jupiter, especially as round 2 which started last year November 2023 has nearly completed and after the snapshot in November 2024 all that remains is the JUP airdrop / distribution.

Not having another (inclusive and growth oriented) Jupuary would furthermore greatly limit the progress of JUP to a single year of distribution instead of 2 - 4 years.

We would fail to capitalise on the 9.5X volume growth and 16X user growth, converting this into more holders and traders for JUP and further cementing the JUP and Jupiter ecosystem. Any good project like Jupiter deserves to keep growing and scaling, and we can’t do that without it’s actual users.

The achievements can become much greater as we scale further through following up on the plans and further advancing the JUP distribution and decentralisation. Jupuary can help further increase the market cap, holder count, trading volume and CMC ranking, bringing JUP and Jupiter to the next level.

The JUP airdrops bring huge (social) media attention to Jupiter and provide (potential) users with an extra incentive to use Jupiter instead of other platforms.

The distribution method described in my post below provides a sensible framework for the distribution of round 2, sufficiently rewarding users who engaged with Jupiter in various was, as well as mitigating the major risks and downsides of the airdrop: JUP Airdrop Round 2: Addressing Concerns & Proposal for Distribution

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