It looks that after so many posts, and proposals that you did, you still not understand the difference between price and value.
If stakers get less than 50% of jupuary tokens their % of the total supply is highly lower, so what BTC is saying is the minimum of what stakers should get
Ohh, and will it be also invalidaded if the token goes down?
Or we will just ignore that scenario because it doesn’t fit with your super community proposal?
Hahahaha! Love the back & forth in here on this Jupuary topic. May be he just wants the ‘small fishes’ to be propped up so big fishes like yourself don’t swallow them up.
as if the tokenomics stated everything belongs to stakers as if jup had no products to consider, if a person really aligns with jup values will get in any circumstances despite price fluctuation which it has to offer after all the prior 40% circulation has to release which was part of community, if a rich retardio really had that much what bothers him.
Happy with small fish getting JUP, even if I get nothing - long term this bullish. Issue is undetectable sybils. Sybil has always been more profitable, 2024 Jupuary, ASR and apparently 2025 Jupuary
Nice attitude, good to see. Farmers should be easier to weed out as airdrop giveaways has been going on for years and am thinking tools are available nowadays. By just excluding small fish you run into the danger of excluding a lot of real users with minimal funds. They could become part of the community
If you define value by a % share of ownership, you look at your share of the 10 Billion JUP tokens, not at your share of tokens in circulation.
Circulating and non-circulating has nothing to do with this.
Value is determined by the market of supply and demand. Price is the expression of value.
‘‘Fully-diluted value (FDV) = price x max supply.’’ - CoinMarketCap
The Fully-diluted value of JUP = $12,405,766,497.67 - CoinMarketCap
Your share of the 10B JUP max supply will stay the same, as long as you hold the same amount of tokens. The tokens have already been issued, they are only yet to be introduced into the market.
The USD value of the ASR is determined by only 2 factors:
The price of JUP
The amount of JUP Staked
As long as the price of JUP increases faster than the amount staked, the Active Staking Rewards will continue to increase in USD value!
For example if in two years the amount staked grows 5X from 440M to 2200M (2.2B), but the price of JUP grew from $1 to $10, then the ASR will be twice as valuable 2 years from now. If the price would grow to $5 it would stay the same in value.
This all invalidates your point: that JUP Stakers would be losing value.