Solana-based DEX Jupiter plans to Airdrop 700 million JUP tokens in January next year

Techub News reported that Jupiter, the Solana-based DEX, plans to distribute 700 million JUP tokens, worth approximately $580 million, to users, stakeholders, and contributors through its 'Jupuary' airdrop event in January 2025. Jupiter is still finalizing the specific criteria for the airdrop. The latest distribution strategy of Jupiter is divided into two main groups: 'users and stakers' and community supporters called 'Carrots and Good Cats'. Jupiter DAO stated that the distribution strategy aims to incentivize existing and new users and further expand the JUP community.

Techub News Previously reported that the Jupiter community, through a new round of Jupuary Airdrop proposal, will distribute 7 billion US dollars worth of JUP Token over the next two years.