SOLANA( $SOL ) Massive Airdrop....

Who’s Eligible....?

The crypto community is gearing up for upcoming airdrops, presenting potential opportunities for Solana users. The recent surge in value within the emerging industry mirrors the rise of decentralized finance (DeFi) protocols in 2021, during the early stages of the crypto bull run.

Solana Ecosystem's Jupiter’s Airdrop Strategy is Engaging Old and New Users Alike...

The Solana ecosystem is drawing attention with the surge in its native token, $SOL and heightened activity. A notable project, the Jupiter crypto exchange, is poised to release its native token, JUP, through a highly anticipated airdrop....

As per a post shared by a lead developer, the Solana crypto exchange plans to distribute 10 billion JUP tokens among its users in a transparent and fair manner. The allocation process, taking into account factors like past usage and trade volume, focuses on the 955,000 wallets that interacted with Jupiter before November 2nd. This approach aims to engage both existing and new users, fostering platform growth. The developer mentioned that the first round allocations are scheduled for next week, with tokens becoming live in subsequent phases, as discussed in a previous talk.

Jupiter adopts an inclusive approach with even distribution, tier-based scoring, and recognition for special community contributions. The initial plan allocates 200 million tokens, approximately 200 tokens per account, evenly across all users to ensure a sense of value for each participant. The majority of the airdrop is determined by a tiered system, considering trading volume with notable multipliers for recent activity and adjustments for arbitrage volume. Despite the airdrop announcement, the developer notes a lack of observed increase in platform interaction...