Solana’s Jupiter Airdrop Strategy to Engage Users
The Solana ecosystem has seen a surge in activity and attention, driven by the rally in its native token, SOL. One project within the ecosystem, the Jupiter crypto exchange, is set to launch its native token, JUP, through an upcoming airdrop.
According to a post shared by one of Jupiter’s lead developers, the exchange aims to distribute 10 billion JUP tokens among its user base. This distribution process will consider factors such as past usage and trade volume, with a focus on engaging both long-standing and recent users.
The allocation plan involves an even distribution of 200 million tokens, around 200 tokens per account, to ensure every participant feels valued. Additionally, the bulk of the airdrop is based on a tiered system that factors in trading volume, aiming to reward power users while also giving everyone else a reason to engage with the platform.
Jupiter’s approach aims to address the ‘power law’ distribution of trading volume, ensuring that tokens are distributed in a way that rewards power users while remaining meaningful for the broader community. To foster transparency and community involvement, Jupiter is reopening its airdrop discussion channel on Discord for final debates on the allocation details.
As of the writing of this article, SOL is trading at $55 with an 11% correction over the last 24 hours.
Source: [Twitter](https://twitter.com/weremeow/status/1724855485507981454)
Image Source: [Tradingview](https://www.tradingview.com/chart/?symbol=BINANCE%3ABTCUSDT)
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