We’d see more users regardless of airdrops and asr. When the peak bull market is here and people are rotating profits into small caps and memes on solana, a good portion are going to use Jupiter. That’s organic growth, not bribing people to use your product. A good business doesn’t need a “racket” to be successful. It’s like owning a restaurant and telling people you’ll pay them for every bite they take. If it’s quality, you don’t give it away. It just wreaks of desperation to me, just my 2 cents
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reading all those meaning full conversation i think i should refrain from typing again.
the fact is ASR itself represents an airdrop with substantially high APY as long its getting fat and fat day by day person could go against anything, because why not he’s grinding for his bag dude, team might need to reconsider that. @meow @Slorg @0xSoju
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Once again from the top of the mountain top. Jup could burn 50% of the total supply of the coin.
And you would still be 5x larger than most of the coins that we trade.
Over 250x larger supply than bitcoin or eth.
Even after a FIFTY PERCENT BURN IN SUPPLY.
If you think sirs that keeping the supply in the hands of people that again most certainly received Jupuary 1
Is the long term best decision for the ecosystem
There are plenty of case study’s that prove this theory wrong.
You need : adoption
You need : new users
I can’t think of a better way for that to happen then distributing supply to new users. This vote is being looked at from people outside of the space with great interest. Of that I can assure you.
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But you all are aware of 3 more JUPUARies in the first place
Hi aped,
I am not sure I understand what you mean by that?
as sweet as sugar, his opinion doesn’t matches your flex.
They are not
I’m very sure
Most people stake their JUP cos of ASR
I know they, we ( I’m also a staker) will said no
But most of us staked JUP cos of reward attached to it
It’s human preference
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I wish these interested people would buy up the token
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It’s not a token with an abundance of supply that is in the market man.
And many investors with an abundance of capital to deploy will simply look else where for better yields / the potential for real upside growth. As there are many such cases of a better alternative than $JUP sadly.
This is the biggest reason why you have never seen anything close to 2.00 Jup
There just simply isn’t enough supply in the market for anyone to grab. Everyone who was airdropped is still sitting on that initial JUPUARY. If I were still in tradfi I could not advise any client to purchase even a 5 figure amount of $jup at these prices when the majority of holders are trying to keep the supply in the hands of the few. While also somehow complaining that the price doesn’t go up 
. It’s kinda funny actually. Even 6 months ago the only way a person was going to see a comprehensive ROI would have been a buy at .60 cents or less and participating in EVERY SINGLE VOTE so that you qualified for the full ASR reward.
I’m really not surprised by the price action in JUP at all. It will remain as such until there is a fundamental change in the supply dynamics. This token just is not going to go up in price while it is in the hands of few with a very limited amount available for purchase via the market.
Adding to that the understanding that many crypto adjacent parties that HAVE NEVER participated in a dao, see staking as risky. Would be required to buy JUP with their own money at greatly inflated prices and then participate in every future vote just to either break even / see a return on their investment. It is truly a cult mentality that thinks this is the path to onboarding new users into the space at such involved levels. When most people come to Solana for the meme culture.
Trying to explain to these potential users that there is utility in $JUP, its products, and the future seemed way more real before reading the comments of so many active stakers in this project. This next vote whereby JUPUARY will almost certainly not pass is going to do a lot to further insulate this community from outside investment.
Feudal Japan comes to mind. Even they had to open themselves up to Europe at some point. Or become extinct entirely. But prove me wrong. Continue to do the opposite of what has been proven over and over again not just throughout history.
But in finance as well
Just taking a casual look on solscan, the top 100 or so wallets are comprised of mostly exchanges with a few whales sprinkled in.
I just do not see mass adoption of JUP happening at high prices when this is the case. Once the supply is 70% circulating hopefully the distribution will be spread more abundantly amongst holders. In the mean time it looks like everybody is VERY content with just sitting on Jup and collecting its yield.
A fine thing to do assuming you understand the mechanics of the DAO are needed to maximize your ROI.
The average investor does not know this. And with all of the hostility at potentially rewarding new users of the platform I can see it taking a bit more time before we get into any real price discovery in the token. Especially when there are competing projects with better tokenomics. I have been really amazed at the attitudes of a lot of folks that received JUPUARY 1.
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They are the most vocal. Let them have it. “Let the votes speak”, how they say.
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Seems to me a great choice would be putting this into the hands of the people.
THE PEOPLE :
Can’t make this stuff up man.
Craziest tickers I’ve seen with the most wild run ups
Usually are the most well distributed tokens THAT FRONT RUN CEX’S
Please cite examples of opposing case studies
Thank you for coming to my Ted talk.
I think I like you more and more every day.
I’m trying to keep up with the news. Something I didn’t understand, from last Jup rally, was what it suppose to happen with the supply, normally allocated to Jupuary4, the one the team wants to cancel. Do you have any idea?
Take some time to read your own post… A lot of FUD with a lot of contradictions with what you’ve written. Trying to sound smart without knowing what you’re talking about isn’t a good look.
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Please site examples was my very last post. I eagerly and always await correction.
CEX wallets are often holding big portion of the supply because people hold their assets in CEXs. CEXs are not the holders, it’s the users of CEXs.
Usually when you make a claim, you back it up with something rather than ask others to prove your claim wrong. Lots of people should fact check their claims.
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Just had a major power outage over here so if I’m late coming back to the replies it’s because I’m checking in on my neighbors. But please. Correct away my boy
No offence @lil_cadet but there is some truth in Nuckys comment.
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who votes with their holdings.
Genius
Or rather… what percent of supply is not actively participating in the dao as a result of people holding jup in CEX’S
Thanks for playing