Overview

On December 8, 2024, the Jupiter community group voted in favor of a significant proposal aimed at distributing tokens worth $860 million over the next two years. This initiative brings a change to the distribution methods for the JUP token to ensure that tokens are given to true participants, rather than opportunistic airdrop farmers.

• The revised "Jupuary" vote #2 will include strict eligibility checks intended to bolster community involvement.
• A link for users to verify their eligibility will be released soon, with the token distribution set for the following month.

Key Points

• The proposal was adjusted following a lack of community support during the initial voting phase.
• The new framework shifts focus towards genuine contributors, emphasizing participation over mere reward collection.
• Founder meow stated, "We will be hyper focused on including as many real users as possible, using key parameters like actual holdings, participation in the ecosystem, and consistency/place of usage."

Translation: "We will be very focused on ensuring that as many true users as possible are included, using key parameters such as actual holdings, participation in the ecosystem, and consistency/location of usage."

The decision reflects a commitment to long-term community engagement and the importance of fostering a participatory environment within the protocol.