Revised Airdrop Proposal for JUP Distribution – January Round 2 (inspired from jupwhale)

Jupiter DAO
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JUP Airdrop Distribution Proposal: Increasing to 1 Billion JUP for Enhanced Rewards

Total Allocation: 1 Billion JUP
Additional Allocation: 300 Million JUP (to enhance volume-based rewards and targeted staking incentives)

In response to community feedback, this proposal increases the January Round 2 airdrop allocation from 700 million to 1 billion JUP. The additional 300 million JUP aims to make the airdrop more substantial and balanced across different user tiers, providing enhanced rewards for stakers, volume-based participants, and smaller contributors. we can take this cut from round 4. Instead of waiting for pennies we can make current airdrop more lucrative

Reasoning for Proposal Adjustments

1. Why Increasing by 300 Million Makes Rewards Attractive

Increasing the allocation by 300 million JUP significantly enhances the attractiveness of the airdrop. With the original allocation of 700 million, many rewards would have amounted to mere pennies for users in lower tiers, failing to inspire genuine engagement. By removing one round and redistributing these funds across the tiers, we can offer meaningful rewards that encourage long-term participation in the JUP ecosystem. This approach not only maximizes the value of the airdrop for all participants but also streamlines the distribution process, making it more efficient and impactful.

2. Rewarding Small Stakers

Rewarding small stakers with a bonus for holding a minimum of 10 JUP is essential to fostering a more inclusive community. While larger stakers (whales) may benefit significantly from their base staking bonus, smaller holders often contribute to the network’s diversity and resilience. The proposed bonus of 400 JUP for eligible small stakers, even with its relatively small impact on the overall allocation, encourages their active participation without undermining the significant rewards that larger stakers receive. This balance is vital for creating a robust ecosystem where all users feel valued.

3. Addressing Concerns About Whales and Staking Bonuses

It is important to acknowledge that whales may miss out on the small staker bonus because they tend to utilize multiple wallets to stake their JUP. However, the impact of this missed opportunity is minimal in the context of their overall rewards. For instance, in the previous welcome bonus of 200 JUP awarded in Round 1, many found it helpful, even if it was a small amount relative to their holdings. Our intention is not to diminish the rewards for whales but to ensure that all users, regardless of their investment size, can benefit from participating in the ecosystem. This balanced approach helps maintain engagement across different user demographics while ensuring that larger contributors are still recognized for their commitment.

Non-Trading Based Community Allocations: 270M JUP

  1. DAO / JUP Stakers: 170M JUP

    • Base Staker Bonus: 70M JUP
      • Distributed at 0.159 JUP per 1 staked JUP (159 JUP per 1,000 staked JUP) for all stakers.
    • Small Stakers Bonus: 80M JUP
      • Eligibility: Wallets with a minimum of 10+ JUP staked, capped at 250,000 wallets.
      • Reward: 400 JUP per wallet, encouraging smaller holders and mid-tier users to participate.
    • Top-Up for Large Stakers: 20M JUP
      • Additional rewards for wallets with over 1,000 JUP staked, supporting large holders and encouraging sustained contributions.

  2. Community Contributors: 50M JUP

    • Distributed to active community members based on their contributions in community channels (e.g., Discord, workgroups, forums).

  3. New Feature Users: 70M JUP

    • Reward: ~70 JUP per user, based on an estimated 1,000,000 users who interacted with new platform features (e.g., DCA, Perps, DAO Staking/Voting).

Volume-Based Allocations: 730M JUP (after deduplication)

  • $10M+ Volume Tier: 60M JUP
    Reward: 9,045 JUP per user. Provides significant incentives for top traders and whales, promoting high-value engagement.

  • $1M - $10M Volume Tier: 90M JUP
    Reward: 2,193 JUP per user. Designed to motivate high-volume contributors who support the ecosystem actively.

  • $100K - $1M Volume Tier: 125M JUP
    Reward: 700 JUP per user. This substantial increase addresses feedback from mid-level traders, making the reward attractive enough to sustain their involvement.

  • $10K - $100K Volume Tier: 125M JUP
    Reward: 200 JUP per user. This increase encourages continued engagement for smaller, active traders.

  • $1K - $10K Volume Tier: 125M JUP
    Reward: 100 JUP per user. By increasing the reward, we attract smaller traders and new participants, fostering an inclusive and active ecosystem.

  • $100+ Volume Tier: 85M JUP
    Reward: 15 JUP per user. Provides a meaningful entry incentive for new users who reach a minimal trading volume, supporting the growth of smaller investors.

  • $0 - $100 Volume Tier: No Allocation
    Users below $100 volume continue to be excluded to prevent sybil attacks and filter out low-activity or spam accounts.

Summary of Allocation Adjustments

The expanded 1 billion JUP distribution creates a balanced reward system that encourages engagement across all user levels. The additional 300M JUP has been allocated to boost staking rewards (100M JUP) and volume-based incentives (200M JUP), resulting in:

  • Enhanced staking bonuses for both small and large stakers.
  • Significant rewards for mid-level and lower tiers, addressing previous community concerns and making the airdrop more inclusive.
2 Likes
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I see you took many ideas and numbers from my proposal, which at this point still seems more refined with data and community feedback.

The math doesn’t add up. If you multiply the number of users with the allocation it doesn’t come to the right number. In other words you’d be running out of tokens.

If you steal a big part of someones work, at least give credit to them with a link…

And also when you run it through Chat GPT, at least double check for correctness.

The staking tiers are interesting but I think most stakers will be looking for a linear reward just as with ASR. There’s no need to apply tiering at the staking level.

No offence, you probably mean well, but. the below proposal is the original:

2 Likes
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hey i wanted to give you credit but my post had to go through moderation and while it was in moderation i couldn’t edit anything. anyways i have mentioned your name in the title. my only intention was to increase rewards for tiers.

also from my pov first you can politely ask me for credit instead of putting a blame on me for stealing your idea.
it’s only been a day for me and i am learning stuff here. hope you understand

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The tiers and number of wallets were taken from @JUPWhale 's proposal. this proposal is more like an add on of his previous proposals made by him.

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bro this is a little extreme. plus we have a50/50 rule. 50% team and 50% community

1 Like