Look guys…Hyperliquid is a trading platform which is bigger 4times then Jupiters…Traders doing good job there!!Jupiter should focus on traders and this will benefite in long strategic terms.If Jupiter will focus on staking it will become like Scroll…short lived…Competition here is there hi…Long strategic views should prevsil
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You are comparing them at different stages. You can’t compare TGE with a second drop. Not trying to put you down, but you need to take more time to understand how things work.
Hyperliquid just another example in a sea of examples that putting USERS first results in positive price action for the token.
That isn’t ASR 2.0, and that isn’t turning Jupuary into a stake ponzi.
I do think there’s an argument for token lockups and maybe a halving for Jupuary after this upcoming Jupuary, but its clear some whales clearly just want to maximise their stake output as soon as possible then dip, not a single thought about the users and their effect on token price.
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Users determine the value of your investment. Maybe you prefer a short term stake ponzi linear allocation from next Jupuary before you dump, but the long term health of this token is dependent on strengthening the userbase.
Look at the recent Hyperliquid launch, probably the most user focused drop in crypto history and the token price has performed incredibly. Not simply incredibly, but its gone beyond Jupiter despite being lower in the premarket.
Community sentiment is everything.
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competition is hi on markets lot of new DEX come up…If the Jupiter become a gorbout for stalkers not for Tfaders!!!It shift the focus !ITraders should be treated on first place!!
Even this ASR should be for Traders as well…all this Story about the staking doesn’t help the Jupiter trading platform at all!!!In my opinion the strategic goal shoul be focus on traders Which is trading forever .Stakers are short lived.They come and go were they see another Ponzi staking scheme
and I have a Question for the TEAM…In the DAO are stalkers…when all this ASR which feeds the stalkers will finish ,stalkers -the heart of the community will take the capital and will go someware else …What wil happen to the DAO ?i
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easy peezy relax everything will be executed satisfying both side of the pillar.
ASR is indeed more than generous but that should’nt lean towards self interest.
Jupitary 3 and 4 was promosed for the traders!and is not happening because of the Stakers which arrive on Jupiter trader community because of the ASR.now these guys put the eye Jupiary !they want it for themselves All this mess is happening now with this 70 percent voting to pass because of the staking minority what the jupiary!!because of them
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How can the community balance the need for growth through airdrops with the potential risks of diluting staking rewards and creating selling pressure?
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This delusion what you are concerning about is are illusion .Look at Hyperliquid-peoples are trading but not staking and price of HYPe is going up.!!! 45 percent of the APY is to high…plus Jupiary to the Stakers…This Ponzi attitude make the risk for the protocol.In one day the wales will accumulate to many Jupiter coins and when the ASR will end they will sell the Jupiters and will crush the price of the coin…-mini Black Friday.Proposal is to give to Stakers normal API.Any unclaimed Jupiter from jupiaries to be traders and Stakers who trades to have a multiplier!!this will make the Jupiter ecosystem more healthy,less dependent from Whales and will bring new traders which will generate income paying fees
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That’s all you took away from what I said? You airdrop farmers really fail at critical thinking.
You don’t buy a userbase and expect them to be loyal, especially when it comes to financials. There needs to be some sort of mutual benefit to keep them around long term.
You’re exhausted because you keep trying to argue points that ultimately fall short.
That post you refer to is inherently bias, but trying to appear as if it is not. Simply put, it ignores risk vs reward, and is not using accurate APY. It also takes on the view that the yields for stakers will remain the same, which it obviously won’t. I’m not against having an airdrop, I’m against the severe consequences from a mass increase in supply all at once.
You should’ve done your homework better before investing. The airdrop was planned long time ago.
All your concerns are valid and the team wilm definitely find a way to create a balance. Someone suggested the fees generated swaps and other products should be used for buy back and meow responded that he will see to it. Lets see how things unfold.
The issue is that the basis of Jupuary was a promise by the team. Never should have been made if the intention was to cancel it or make it ASR 2.0.
I do think there is a balance to be had, going forward maybe the size of Jupuary should be halved for example so this isn’t an ongoing issue of the same scale.
Companies in the real world “buy” customers with loyalty cards, specials, and give aways all the time. A high end coffee shop near me recently did a free coffee day, which go for $6 typically.
With staff and the amount they would have made selling the coffee that’s tens of thousands burned in a single day.
No one on planet earth who knows anything about business and users/customers would suggest that community building doesn’t have value, and sometimes yes that requires BUYING the community if you want to put it that way with give aways. In this case however the giveaways are to people who use the product, which immediately creates a community buy in and good will.
In this case this question only exists because the team pushed the idea of ongoing Jupuaries. If they said to begin with TGE was a one and done I wouldn’t be saying this.
You should stop being such an obvious farmer who wants to see the coin burn.
Big YES vote in the making. We will all eat. Let’s just celebrate now.
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You’re extremely limited in your arguments. Basically you call a farmer everyone that’s against a staking ponzi scheme.
Nobody complained about Jupuary until Meow said staking only won’t qualify you for an airdrop.
People like you enjoyed the big fat ASR and nobody complained about dilution.
You are the farmer here for getting big fat rewards, basically doing nothing. You should start using the platform, maybe you get lucky next year.
DYOR and stop crying. It’s over!!!
P.S.: I was against from the beginning to eliminate all the stakers from Jupuary. I said some stakers should be part of Jupuary ( never unstaked, added to their position, DAO proactive). Now, when I see so much greed, I’m not sure I have the same opinion.
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