Solana $170 (SOL), one of the largest DEX aggregators on the Solana network, Jupiter, has announced a retroactive AirDrop to reward its first users. As part of the AirDrop, 40% of the total supply of 10 billion Jupiter tokens will be distributed to users in four stages. In the first stage, users with a minimum trading volume of one thousand dollars will receive one billion tokens.
Details of the Jupiter AirDrop
Jupiter, the largest decentralized exchange aggregator, or DEX aggregator, on Solana, has announced a token AirDrop to reward its first users.
Meow, the founder of the project using the pseudonym Meow, stated in a recent announcement that a total of 10 billion Jupiter tokens, representing 40% of the supply, will be distributed to users in four stages. Starting next week, in the first stage, users who have reached a minimum trading volume of one thousand dollars on the protocol will receive one billion Jupiter tokens.
The eligibility list created based on a snapshot taken on November 2 shows that there are 955 thousand wallet addresses eligible to participate in the AirDrop. The AirDrop offers various reward tiers based on user trading volume. The team also announced that they will reward new users with future AirDrops.
The official AirDrop claim platform will be launched next week. Through the platform, participants who meet the requirements for the AirDrop will be able to confirm the amount they will receive and verify other relevant details.
Jupiter’s Launch and Rise in the Market
Jupiter combines liquidity from multiple DEXes on Solana to help users find the best rates for token trading. The platform was developed by a group of developers using pseudonyms and was launched in October 2021. It is still being developed and operated by the same team.
Currently, Jupiter, as a DEX aggregator, has reached a trading volume of approximately 1 billion dollars in October and is one of the prominent projects on the Solana (SOL) network.