totally agree with you
First of all, it is a great initiative and I love option A, however, not a big fan of Option B given we are just getting out of the price dump from 2025 Jupuary. Huma will be doing an airdrop for their users, and swapping 1:1 may not make sense for us to do.
Now in terms of Option A, could we get more clarity on the TGE supply and any existing partnerships? Thanks.
Edit: Read the proposal in detail and the swap is actually in dollar value. Given the similar total supplies between the two, if the swap is happening with Huma @ 75 mill market cap, it might be profitable for the DAO.
I will vote FOR this.
This proposal highlights the shared values of Huma Finance and Jupiter DAO in building DeFi solutions that truly benefit communities. The emphasis on engaging JUP stakers and activating the creative energy of the Jupiter community speaks to the strength of this partnership. Together, we can drive a movement that combines innovation with real-world impact. Looking forward to seeing this collaboration thrive!
Really excited about this proposal — love the alignment and thoughtful approach…. I’m looking forward to exploring this together. Feels like the start of something great!
This makes a lot of sense and worth the collab!
I wish my best luck in launch. As a plankton I could only be able to invest around 1.5k but anyway it shows my side I think
it’s 10% of circulating supply at TGE, that is more than fair!!
No clear upside for JUP DAO. We’re swapping $250K worth of JUP — a token with established market value — for $250K worth of an unproven token at a $75M FDV. Huma gets immediate treasury value and our endorsement. We get locked tokens and a whole lot of hope. That’s not a partnership — that’s a gamble. Just because we can risk $250K doesn’t mean we should. If this goes south, it’s JUP that loses more.
Huma’s token doesn’t exist yet and has no proven utility. We’ve heard the same song before — staking rewards, buybacks, governance rights — all theoretical until tested. Will this token actually capture value from the business? No one knows. We made similar assumptions with JUP and ended up with a gov token mostly used for voting on vibes and marketing themes.
Their “9x growth” and user count could just be airdrop hype. We’ve seen this playbook: inflate metrics, drop a token, move on. LFG v1 anyone? How much value did that bring to stakers?
Who really benefits here? Huma gets to borrow Jupiter’s brand, reach, and money to launch their token. What does JUP get back? A small presale slot for individuals and a vague promise of alignment. No integration, no new JUP utility, no upside for the treasury. This feels like a fundraiser for Huma wearing the mask of an alliance.
Bottom line: This deal does nothing for JUP. We take the risk, they get the launch. If Huma wants alignment, let them prove it — not ask us to bankroll it. The team should be focusing on creating actual utility and value for JUP, not handing it off to other projects under the “grow the pie” slogan. At this rate, we’ll be left with another partner dumping our token in a year — just like Meteor. Good thing we have a Litter Box to clean up after them.
I propose we buy BTC for the $250K worth of JUP instead. That has real upside and there’s already a proposal for it. Let the DAO sell when BTC hits $500K, or drop it to all the stakers after a year of staking without unstaking.
If you still wonder why sol is up and JUP is struggling to recover read some of my writings DYOR - Profile - ihateoranges - Jupiter Research
This huge for both community, welcome to home of jupiverse Huma Finance.
What is the initial circulating supply and unlock timeframe
Wow, everything sounds great, maybe even too great… unfortunately, I haven’t looked into Huma Finance deeply, but from what you wrote and what I’ve read, the project seems very interesting.
But as a beginner and in my humble opinion, we have more to “lose” if they turn out not to be who they claim to be (I’m not trying to make any accusations), the blow we’d take would be devastating. Even the 1:1 swap doesn’t seem favorable to us… we’ve just finished the warm-up phase and all in all, we’ve held up quite well, while from what I understand, they’re just getting started… I don’t know, let’s see how the community responds.
My vote, whether positive or negative, will carry very little weight if any at all given my allocation, so I’ll probably abstain.
But I’ll try to find more information about it.
Creo que el Balance de riesgo/recompensa está en contra de JUP en este posible acuerdo. Human es de momento algo sin valor y en cambio JUP tiene marca y valor propios. Además tenemos bloqueo y la moneda puede no volver al lanzarla, ni siquiera sabríamos si es a cara o cruz.Se puede mejorar la propuesta mucho. Las asignaciones, la cantidad de moneda en la salida, el beneficio por el apoyo de JUP. La comunidad se está cansando de apoyar proyectos que no aportan.
Human is currently worthless, while JUP has its own brand and value. We’re also locked in, and the coin may not return when flipped; we wouldn’t even know if it was heads or tails. The proposal could be greatly improved. The allocations, the amount of coins at the start, the benefit for JUP’s support. The community is getting tired of supporting projects that don’t contribute.
Un paso gigante para la construcción de G.U.M:balance_scale:
Love u HUMA:smiling_cat_with_heart_eyes:
100% I agree. Frankly, I feel like they are taking more advantage and they are using us. It shouldn’t be win to win 1:1 here. There can never be an equality with new and unproven projects. We have the brand and access to the community. That’s why I think these terms need to be revised. In a negative token drop, it will be JUP that will take the big hit again. We have barely recovered from the last blow. We still have a long way to go. There is a 3-month waiting period and usually such tokens tend to decline after the moment of release. (We need to know the monthly token distribution and ICS) Do not start any voting without these details. (tokenomics) What are the percentages on the purchase amounts? What are the percentages per Jup in purchase quantities? For example, 1K JUP will buy x amount of purchase rights.. And you need to change this agreement a little bit more in our favor.
Otherwise, most people will not participate in this presale. I have 70K Jup and I personally don’t plan to participate. It’s too risky. What are the percentages on the purchase amounts? For example, instead of waiting for 3 months, it can be 33% every month and the share to be given can go from 1% to 2%. Most people expected you to distribute this HUMA token as ASR rewards. You can also give the extra 1% in this way. 3 months is a long time, I am not an angel investor. In 3 months the whole crypto market can change. But I think something has to change
The alliance is a great alliance that we also create more visibility and crypto space credibility to huma and it will also enhance the new meta of Jupiter exchange launchpad of cat .
This partnership is a crucial part of the 2030 and beyond Jupiter vision and the overall success of Jupnet.
Ok one protocol makes 9 mil in revenue, the other one 130 mil in revenue. Would u swap them 1 to 1? Should be at least 10 to 1 and no lock up. Really people? Where do you find these deals! I propose to put it up for vote " do the pigs fly?"
Good to see. So basically Jup DAO is using it’s branding and community to negotiate a better price and deal comparing with VCs.
I think anyone who helps onboard JUP user to Huma could participate
The link to the Series A funding round from last year says Huma raised $38MM but it never says at what valuation. So I’ll ask @erbil, at what valuation did Huma raise the $38MM last year?