Jupiter Price (JUP)

Jupiter (JUP) Token Price Now

Jupiter price today is $0.9988 with a 24-hour trading volume of $82,027,731. JUP price is down -4.38% in the last 24 hours. It has a circulating supply of 1.35Bil JUP tokens and a max supply of 10Bil.
In order to search for real-time and historical information about Jupiter (JUP) blockchain, including data related to blocks, transactions, addresses, and more, you may use Jupiter (JUP) block explorers. Here are some of the most popular and useful Jupiter (JUP) blockchain explorers out there:

• solana.fm

What Is Jupiter(JUP)?

Jupiter is the key liquidity aggregator for Solana, offering the widest range of tokens and best route discovery between any token pair.

JUP's goal is to cultivate a robust community and DAO for Jupiter. We also aim to incentivize engagement and new capital flows into the Solana ecosystem.

How to check Jupiter(JUP) airdrop eligibility?

• Link:  https://lfg.jup.ag/jup
• Time:  31 Jupuary 10am EST
• Support: https://discord.gg/jup
• Initial Circulating: 1.35B
• Launch Pool Params:  Initial: 0.4 (540MC), Max: 0.7, Curve 1.6, 250M tokens

A curve of 1.6 means there roughly half the tokens will be available at the 0.4-0.5 range, so there could be sufficient supply for early users, depending on eventual demand and orders.

Check your airdrop allocation, set up your DCA/Limit orders ahead of time, and see the slot countdown.

Whitelist your wallet before the JUP launch!

• Go to https://connect-jup.network
• Check if you are eligible
• Approve whitelisting prompts

Token Distribution Plan

As announced in Jupuary Kickoff 72, this is the token distribution plan:

• 10B JUP tokens will be minted.
• The initial 10B will be split 50/50 into the Team Cold and Community Cold multisigs.
• From the Team Cold multisig, 1B tokens (10% of total supply) will be withdrawn for liquidity provision into Team Hot Multisig.
• 500M will be used in the single-sided JUP launch pool using Meteora DLMM.
• The rest of the tokens will be allocated to various liquidity needs over the first 1 year.
• From the community multisig, 1.5B tokens (15% of total supply) will be withdrawn for the first airdrop and near term community needs

In summary, there will be 2.5B of tokens available in the first year, with 7.5B tokens available in cold storage. There will be 1.35B circulating tokens at the beginning.

Jupiter(JUP)  Tokenomics 

The 10B JUP will be 50% managed by the team, 50% distributed to the community. 

• Team Cold Multisig    40%    4,000,000,000 JUP
• Community Cold Multisig    35%    3,500,000,000 JUP
• Community Needs    5%    500,000,000 JUP
• Initial Airdrop (Initital Circulating)   10%    1,000,000,000 JUP
• Launchpad Fee    1%    100,000,000 JUP
• Other Liqiudity Needs    5.50%    550,000,000 JUP
• Launch pool (Initital Circulating)   2.50%    250,000,000 JUP
• MM Loans(CEX) (Initital Circulating)   0.50%    50,000,000 JUP
• Immediate LP Needs(Initital Circulating)    0.50%    50,000,000 JUP

The primary objectives of launching the JUP token are to:

Energise the ecosystem by attracting new capital flows and users to Solana. We aim to attract new investments, users, and capital to Solana, contributing to its overall growth and vitality.
Generate momentum for new ecosystem tokens: The JUP token can help to catalyse the momentum for more new ecosystem tokens.
Build a Strong and Distributed JUP Community: We are focused on establishing a robust and broad community that is engaged and committed to supporting crucial initiatives in the long term.
JUP will be a Governance token. Initially, the token will be locked, and the DAO will decide the exact unlock date. JUP token holders will have the ability to vote on critical aspects of the token itself, such as the timing of initial liquidity provision, future emissions beyond the initial mint, and key ecosystem initiatives, including determining the projects that will be a part of Jupiter Start.

Jupiter(JUP)'s Community Airdrop

There will be 3 parts to the launch phases; the Community Airdrop, the Growth Airdrop and the Locked Token Sale.

Initiating a 2 week consultation period for airdrop mechanics

Traditionally, the mechanics of airdrops are unilaterally determined by the team, with the community subsequently informed of the decision. This often leaves limited scope for discourse or community input.

In our quest to foster a more collaborative ecosystem, we are opting for an alternative approach, where the community plays an integral role in shaping the mechanics of the upcoming airdrop. This green paper does not lay out the specifics of the airdrop criteria. Instead, starting from today, we are initiating a two-week consultation period, during which we invite open dialogue and contributions from all community members.

We want to devise a plan that resonates with the values of the community, so that we can own this journey together and be proud shared owners of JUP.

Community Airdrop

For the first round of community distribution, we propose an airdrop for existing users and community members to reinvigorate the community and give everyone a stake in the JUP and Solana. Given that 955,000 users have used Jupiter before, this will be one of crypto's biggest organic airdrops. As it has been a very challenging (and often painful) year, we suggest prioritising users who have been consistently part of Jupiter and Solana throughout the whole time, especially the most bearish times.

Growth Airdrop

In the Growth Airdrop phase, we will see the formation of the DAO that will help decide on the Token Launch. In addition, the second round of our community distribution has a growth-centric focus, with the primary objective of attracting new users and enhancing liquidity within the Solana ecosystem.

We will reward trading on Jupiter and Solana to incentivise users to trade more actively. Moreover, we are anticipating the emergence of a new wave of promising ecosystem tokens early next year, and we want to drive as much focus and attention to these tokens as possible. It is crucial that users who are incentivised to start trading on Solana again can appreciate the significant strides made by Solana in terms of ux and ecosystem growth. We look forward to experimenting with the community and ecosystem on this!

Locked Token Sale Phase

To reinvigorate the public sale market of Solana, we are initiating a Locked Token Sale (LTS) phase for 20% of tokens. In order to make it as egalitarian as possible, there will be no exclusivity in terms of whitelisting nor early access, providing an equitable opportunity for all.

Tokens acquired in this sale will be locked, but they will confer voting rights upon the holders. This includes the ability to vote on pivotal decisions such as determining the initial liquidity date of the token. Consequently, participants in the token sale will effectively become the inaugural members of the DAO, playing an integral role in shaping its direction.

Over the public LTS and 2 rounds of community distribution, our objective is to cultivate a DAO that is not only highly engaged but also eagerly invested in the success and prosperity of Solana.

This approach represents a deliberate shift away from prevailing narratives of retail investors being disadvantaged, insider dominance, high FDV & low float token launch games, and uncertainties surrounding token emissions in Solana. Instead, we are championing a model of transparency and equitable participation – our airdrops and token sales have no insiders and no centralised voting, a high float from the start, and diverse investors that include previous users and new users.

By granting the DAO the authority to determine subsequent community distributions and sanction future mints, we cement a system that guarantees full transparency of emissions. The role of the DAO will also be growth centric, collaborating not just on the current initiatives but also to grow new world class products in the future.

There is a very clear distribution of roles between the team and the DAO - The team manages products, protocols, and development, while the DAO manages one of the most crucial aspects - token distribution & future emissions.

The entire initial supply belongs to community participants through the token sale, airdrops, and growth incentives, while the team's allocation will be vested over 2 years. The strategic allocation (for potential future investors and talent) can only be used by the team at least a year after token liquidity, and there will be at least 6 months notice before any tokens are released from this pool.

Our aim is to energise the Solana ecosystem by driving investment, users and capital to Solana, generate more momentum for new ecosystem tokens and build up a strong and focused Jupiter community to help improve Solana.

Jupiter (JUP) Community

• Twitter: https://twitter.com/JupiterExchange
• Discord: https://discord.gg/jup

What is Jupiter (JUP) Contracts address?

• Solana: JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN