This is awesome . As well base criteria could come in form of product which People are not using regularly that can’t be diluted unlike swap. Seems poap, Jupape and many more are not really diluted and because it’s diluted does really mean is based criteria. Contributing towards the development of project are well and more based.
criteria mentioned above should be added advantages, and Jupiter exchange and the dao should be the main criteria.
They put 0.05 eth min criteria for wallet balance but didn’t calculate the staked/lended eth across their eco
It’s a hard assessment for sure.
Thanks for you input in discussion. (And everyone)
It makes me feel great when heaps of people reply to my topics. That’s true PPP and J4J.
That would actually be fair to everyone…
That’s what I’m hoping for.
Imagine spending a large amount of your portfolio, supporting JUP products just to miss out hc you want to earn met points / kamino points ect
Not sure how easy this is for them to do but think it should definitely be taken in to consideration if possible.
I was also wondering whether holding JUPSOL in my wallet would be beneficial for Jupuary? But your proposal is that snapshot only include assets added to vault?
No thats not what im saying at all.
I hope BOTH are included in my opnion
My thesis is the following as i hold the following assets:
JUP - Strongly believe in the project longterm, being part of the DAO by voting which gives ASR benefit on top of it, to add more to the bag.
JLP - Great investment vehicle (24.65% APY)
JUPSOL - Better APY than $SOL staking. TOP3 LST
All of this is not even remotely linked to jupuary criteria, there is a straight forward goal behind it which is to optimize the holding bag by having it allocated in a safe, stable place and enjoying the best possible return. Obviously that has turned out to be JUP ecosystem!
Exactly, the assets shouldn’t be hold in return for airdrop but for investment plan and be a dao member and when you later receive incentives regarding it, it will just serve as bonus to your investment.
They ain’t selling but neither actively participating in the decision making regarding the protocol
here are some other great ideas for criteria and why:
JLP - Perps product liquidity provider
VA - fee paying customer
DCA - fee paying customer
JupSol - staking for infra
Yes 100% agreed.
I think the BIGGER the criteria the better.
I.e. I mean taking into consideration as many factors as possible. These are great suggestions
I agree, but there should be some consideration for those who meet nearly all the criteria. For instance, once a person has fulfilled 10 of the qualifying criteria, they could be selected to earn rewards from the top 5 most valuable categories. This approach could help reduce the impact of individuals who exploit the system solely to accumulate as much Jup as possible for resale. It would also provide opportunities for others who may not have the resources to meet all the criteria but contribute through less financially demanding means, such as community engagement.
Valid, meeting some perfect criteria reflect on someone activiness to the progress of the project.
yeah 100% there is so many ways we could look at it, im excited to see how the team execute it.
Good idea, I think JLP and JUPSOL should have less weighting, JLP has less risk during dumps when compared to JUP and JUPSOL is pegged to SOL with a small % gain.
My only pushback on the tokens held on platforms such as meteora be included in the snapshot is that it may be double dipping. Those platforms have had and are still rewarding for using their platform. (Well not Meteora yet). Would that be a benefit or a detriment?
Hmm you’re not wrong. However if people get a double reward I.e. MET points and JUPUARY then so be it! They probs deserve it. Plus it would be a great strategy for most. I understand your POV though