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| Jupuary!! |
*What is Jupuary?*
Jupuary is Jupiter's annual airdrop event, where the platform distributes its governance token, JUP, to the community. The first Jupuary took place in January 2024, with over 1 billion JUP tokens worth $1 billion+ airdropped to 1 million+ crypto wallets.
Jupuary 2025 and Beyond
Jupuary 2025 and 2026 have been officially confirmed. The event aims to "grow the pie" by inviting more users to participate in the JUP DAO, one of the world's most active and consequential decentralized autonomous organizations.
Token Allocation and Airdrop Criteria
The Jupiter team has implemented a unique token allocation system, with 40% of JUP tokens reserved for the community. The airdrop criteria for Jupuary 2025 include:
- JUP staking activity
- Governance voting participation
Governance Proposals
The Jupiter DAO has seen several notable governance proposals, including:
- J4J #1: Supply Reduction Proposal, reducing JUP's maximum token supply from 10 billion to 7 billion
- J4J #2: Utilize Excess Jupuary for ASR, funding an additional year of Active Staking Rewards
- J4J #3 and #4: Jupuary Votes 1 and 2, determining the future of Jupuary airdrops
Conclusion
Jupuary 2025 promises to be an exciting event, with the community playing a significant role in shaping the future of the JUP token. Stay tuned for more updates on Jupuary and the Jupiter ecosystem.