Let's Talk About JUP as a Currency [Draft]

Jupiter DAO
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re: 3,

I do think so. It would be great in terms of encouraging people to hold and stake more JUP. The way we can architect it, is to create some internal “access” benefits based on the scoring, and then also publish the scoring externally if possible so that other projects can use it to reward our DAO members and collaborate w/ the DAO.

re: 4,

if think of the Jupiverse as an economy, then it’ll be the value of “production” by members of the Jupiverse.

or think from another angle, how much do people spend on things made by members of the Jupiverse (and this spending should be in $JUP).

if JUPNET happens and uses JUP as gas then that’ll be a huge area of spending, and a huge boost to the Jupiverse economy. Otherwise there are other areas that can be explored: merch, services, culture-based exports, etc.

  1. yes this is definitely interesting, would love to see it getting built out.. kinda similar to Superteam Earn, but JUP oriented?
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damn.. i never thought the day would come pythonia and I would agree w/ on an idea! haha jkjk

thanks for dropping by here to comment.

let’s get the ball rolling.

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Im so glad you didnt mention making a Stablecoin. Good read.

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I must be getting old and loosing my touch, jajajajaj

but it is true, we need a utility for it, JUPNET with JUP as gas is good,
also where to spend “CRYPTO” or JUP??? Merch shop? game currency? there is several options here… IRL parties?? xD

becouse MEME COINS is the downfall, no real value and a deterrent, I think

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