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#JUP (Jupiter) is a governance token for JupiterExchange, a decentralized exchange (DEX) aggregator on the Solana blockchain. JupiterExchange allows users to access the best liquidity and prices for token swaps, perpetual futures, and decentralized stablecoins. Jup holders can participate in the governance of the platform, such as approving, sanctioning, and voting on various proposals.
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JupiterExchange is conducting a massive airdrop of 1 billion Jup tokens to 955,000 wallets that interacted with the platform before November 2, 2023. The airdrop is one of the largest in crypto history and aims to reward the early supporters of the project.
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To claim the Jup airdrop, users need to have a Solana wallet, such as Phantom, Solflare, or Backpack. They can connect their wallet to the official airdrop site and click on the claim button. The airdrop site will show the user’s eligibility and allocation of Jup tokens. Users should also have some SOL in their wallet to cover the transaction fees234.
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The Jup airdrop date has not been announced yet, but users can check the JupiterExchange website and social media channels for updates. The Jup token will be tradable on various DEXes and centralized exchanges after the airdropc. Users can also stake their Jup tokens to earn rewards and access exclusive features on the platform.