The reason that the JUP airdrop in 2024 was loved for almost everyone was the tiered airdrop. Yeah sure some whales probably deserved a bit more for all the volume they made, but they still got a huge $$ profit and this way even the little ones got a very decent ammount and can be apart of the DAO and have a voice.
I think there is no reason to mess with something that worked so well.
Regarding sybils, as I’ve said before. It’s up to the JUP team to filter and kick sybils
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You say this like it’s just a choice to make, but it’s very complex, correctly marking sybils. Everyone I know has more than 1 wallet, I don’t think it’s as easy as just deciding to remove sybils, organic and non organic trades are not that easy to differentiate from. Have to accept the challenge that thar poses. Swapping on solana is fastest on jup, best prices, and no fees ever. Why would one need any other incentive to use it? It’s the best. Don’t need to rewards that.
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Well yeah in most cases if you have more than wallet, either the volume is all summed up as a single wallet, kinda sum all the cluster of wallets like we have seen with profiles in Sanctum. Or you receive in just one wallet.
Also organic trades can be easly filtered and even on Dune we can see stats about the TXs that are made by bots and organic ones. Like you said its a complex task, but sybil scripts are also pretty complex. Of course there will always be sybils that successfully game the system. But its better to filter some of them than none
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What did you really understand by Sybil?
It will not be fun if you later end up being filter as sybil, a lot sanctum community didn’t agreed with their approach which creates a lot of fuds during launching, I think team should select a criteria from product which it’s not over farm as swap products. Jupiter now have a lot of products which they can pick a criteria from.
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JUP has indeed various products which swap is one of them and obviously the main one. To disregard volume done on that feature (if volume will be something used as criteria) just because of sybils would be a wild move.
You mention Sanctum and one of the ways that they did sybil shows how complex the sybil algo can be, where they can filter multiple wallets by deposit patterns and can separate 200+ sybil wallets from a genuine user.
And to suggest that we should do a launch without sybil just because you might be caught on it… cmon that would be even worse. If you are a normal user you have nothing to be scared about. And Meow already said that he decided to not do sybil in Jupuary 2024 because there were never any mentions of the token and it’d be unfair for normal people but in Jupuary 2025 he would obvious go after sybils to make sure that the correct people would get the tokens
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The last jupnuary favour swap product inrespective of volume but now I think new products need to weight more to old one for more community engagement.
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Out of all the Jupuary related proposals so far, this might be the only one I’d vote for as long as we had a way of filtering sybils.
Also, there are several comments proposing the DAO be excluded. I do not believe the DAO would vote to exclude the DAO, as well as dilute their holdings at the same time.
Loving these Jupuary discussion threads.
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Would be interested to know your thoughts on why you believe the DAO would vote for the proposal that excludes the said DAO?
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Same here loving the discuss and the different opinions on this
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Yes swap was heavily favoured last time but I think in my opinion swap and all other product use should be grouped as one volume criteria together instead of separate so everyone is happy. From seeing most comments about swap being saturated this approach makes sense to me to not leave out swap users so both dca,va,perps and swap users are happy
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Did you know over 9 million are actively using Jupiter swap presently? Everyone uses jup.ag because it’s best option in term of best UI, fast and secure in solana, couple of Dex integrated already unlike the last jupnuary, it’s obviously diluted unlike other products that also require community engagement.
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Swap being diluted or not can’t be a reason to justify it to be excluded in the airdrop allocations on the contrary it should be favored as it seems to be the best feature that is being used by everybody and that is why it should be promoted more so that everybody can do more swaps in the exchange. You can also do it personally if you want to. Again any transaction which increases the volume must be favored including the other features.
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Yep, fully agree with this. Just because swap is diluted, doesn’t mean we should not count it… Since its the major swap that JUP offers. Imagine the frustration for some normal user to not be counter for the Jupuary just because he is not very investor savvy and he prefers to not use LimitOrder/Perps and even DCA and just prefers to buy SOL (for example) right away using swap. That would make no sense.
But fully agree with @Sensei_kryptic by adding all the volume done as one, disregarding if it was done through swaps or perps.
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I don’t understand what you mean, can you explain please?
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