Solana DEX To Reward Early Users with Token Airdrop

Solana DEX To Reward Early Users with Token Airdrop

By Miles

16 Nov 2023 (11 months ago)

1 min read

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Solana's Jupiter DEX to reward early users with a token airdrop, distributing billions of tokens in gratitude for their loyalty.

Jupiter Announces Token Airdrop for Loyal Users

Jupiter, a leading decentralized exchange on Solana, is launching a token airdrop program to thank early users. The project's founder, Meow, revealed that 40% of Jupiter’s tokens would be distributed to users in four stages.

First Phase of Airdrop Rewards Active Users

The first phase starts next week, giving away one billion Jupiter tokens. To qualify, users must have swapped at least $1,000 tokens on Jupiter. Based on their swap volume, nearly 955,000 wallets are eligible for this airdrop.

An official website for the airdrop will be available next week, where users can check their allocation. Jupiter is known for pooling liquidity from various DEXs on Solana, offering the best rates for token swaps. Since its launch in October 2021, it has become a standout project on Solana, boasting nearly $1 billion in trading volume last month. It has become a standout project on Solana since its introduction in October 2021, with approximately $1 billion in trade volume last month.

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