Should the Jupuary Airdrop Be Just for Stakers?

Grow the pie is all I can think of. I wasn’t speaking of people getting mad about an airdrop they didn’t receive. I was just saying in general most long term holders in anything get this sense of entitlement. It’s probably a small percentage but they exist, just scroll.

I personally could care less where or what happens with jupuary. My trust in the team is unmatched at this point.

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Exactly the answer that I would expect of someone trying to trick and farm the protocol.

Thanks for proving me the that I’m right

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Exactly comfy in spot with Meow et al. at the helm.

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Yes totally. And Meow has been quite clear about Jupuary.

It took me an hour to transcribe this 4 minute fragment, but I felt like it might be helpful sothat a few more people can hear and understand Meow’s comments on Jupuary.

Jupiter founder @Meow said important things about Jupuary in the latest J.U.P. Really. In the 4 minute video fragment he said:

''There is actually a very hot debate right now about Jupuary, and the Jupuary vote will probably be in November.

And I just want to say that I understand a lot of the fear that is going on, and a lot of the arguments on both sides. However, I do actually feel like the fears could actually be overstated.

Mainly because I do actually think…

First of all; for further Jupuary’s it will be ASR-Style, so it’s meant to roll a much larger group of people into the Jupiter community.

The first Jupuary got us here, right. And It’s actually my belief that we need to do two more Jupuary’s. To get where we want to be, we need two more years.

And I do actually think right now right now, given what Jupuary is now, we need to adopt a very strong growth mindset.

And if we manage to increase, if we manage to stay strong in the community, and we actually manage to grow the community even more, and even stronger, and loop more people into JUP, and I think that’s actually really bonding.

But at the same time there is actually a lot of arguments and a lot of fear against it. And just go to Jupresear.ch, there’s a lot of people saying / talking both ways.

By the way guys, so over here, I do actually think that the Jupuary vote is probably going to be … the / one of the most important votes and stuff, and one of the biggest DAO experiments in history.

It’s going to be a really interesting experiment to see if the community is going to vote in expansion, of the Jupiter community.

And I, by the way, if it goes through, I have a very hard job by the way. A really really hard job. Because I have to figure out kind of everything else; the criteria, the allocations, everything, things like that. So it’s actually really really hard right. But I’m up for it.

And it’s my feeling, that we need to have a growth mindset. We are early guys, we are ****ing early, we are so ****ing early, we are so early in Jupiverse, and I think with that vote, it will be all set.

Firstly, we did the token reductions and the transparency thing. That was actually really important because it forced us to be extremely transparent and clear about our tokens. Where our tokens are …

The second thing was ASR which allows us to continue for a year.

And thirdly is Jupuary. Jupuary is going to be really ****ing interesting, because as I mentioned earlier, it’s going to be a really interesting debate about the idea of dilution versus the idea of growing community, and again - done!

I feel like, for me; our community has a growth mindset, and we should go ahead. And figure out how to do that.

And we will discuss it like crazy and we’ll fight. And we go. PPP. Okay. Alright. Let’s go!

I’m looking forward to what he will share tomorrow in the JUP Really at 3:30 UTC.

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At least it is clear now that we will be voting about the jupuary. :metal:

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You keep spamming that image. Yeah if the guy is a farmer and did wash trading, let’s hope that the sybil algo gets his wallets and gets no allocation. But why are you willing to screw all real users that did usual volume on the DEX by using it daily just so the farmers dont get anything?
I have a ton of volume on JUP because I use it daily. Should I get no allocation just because some farmers decide to wash trade? Don’t think so
(And I also have a big bag of $JUP staked and probably would get more $JUP from the Jupuary if it was 100% of allocation to JUP stakers than not, but its just PVP what you are asking for)

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The reality is if anyone that isn’t a literal human vegetable had say 93k volume organically on a wallet that they would pump that to 100k for the sake of an airdrop

No one is above this.

Problem with Jazy is he won’t even admit his position while criticizing others, makes me think he’s LARPing as a whale but ultimately just wants any users that aren’t whales to do poorly. Not sure if a jealousy thing or something, saw the same when people begged Zksync to cut the top allocation or change to linear.

You want a suggestion that potentially bypasses this? Have tiers at 103k or 12k or 1.12 million rather than at even multiples of ten such that those who just try to game the system won’t be rewarded as such unless they continued using organically.

With a protocol that allocated linearly and that I didn’t think provided value, I wouldn’t even bother to be here I’d shit on the project in advance and telegraph that I’m farming, then selling 100%. The only point I’m here is that I think the project has long term value and a highly competent team. However if Jupuary becomes ASR 2.0 or is largely linear, I would do the same that I did for Scroll and probably boycott entirely going forward.

Personally I think ultimately the team will create smart criteria and do a successful community strengthening drop, as with the first Jupuary. It just means there needs to be a balanced approach to the drop (that also rewards stakers), and in my opinion linearity should be avoided entirely across all criteria.

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Jupuary 2 sends a strong message for the current and future community members regarding if JUP is worth buying and holding.

Successful Jupuary 2 creates more value for JUP, makes it attractive for new buyers and thus decentralises the community while introducing positive price action for the token.

The best marketing in this space is when the token performs well. People will find it and start digging deeper into JUP and Jupiter.

In the worst case, stakers/voters are rewarded poorly and JUP becomes worth less. People lose excitement and start moving towards other exciting projects / tokens, reducing the value of JUP.

Thankfully people who are financially committed to JUP and Jupiter are the ones voting about Jupuary and that’s how it should be. I encourage every JUP staker to vote with this in mind.

Let’s make Jupuary 2 a success story! :black_cat: :dizzy:

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I hope the Jupuary doesn’t happen, but even if it does, how the distribution will be will decide whether I continue holding my tokens or not.

And I’m sure that many Jup holders think in the same way as I do

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As long as jup ends in the hands of the right people and people who deserve it we’ll be right

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In other words; people with a PVP mindset would be rotating out of JUP, leaving a higher percentage of PPP community members - who consider what is best for everyone.

As a result of Jupuary, the community would also grow further and invite new people to learn and get aligned with the community values and the team, and to adopt the PPP mindset.

Meow has been super direct about this. He doesn’t want anyone in the community without a PPP focus (yes that includes Jupuary). So it’s either the option to come into alignment or to rotate out.

Many great things were born from: strong discussions, seeking understanding of others, trying to make things work together, working in the benefit of all, making compromises and adopting a PPP mindset.

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I agree. Staking being a criteria would get rid of lots of sybils. If we could go even further and base it on the time staked, number of votes, etc. it would make it even better.

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Those in the dao with a proven track record are the months who will wait the full 12 months vesting.

Either way, the forfeited jup will return to dao in some form

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No, jupuary shouldn’t only be for stakers.
Jup stakers getting more isn’t growing the pie.
You can take the 75% ‘burnt’ tokens into ASR which grows the pie by piquing peoples interest in staking and voting.

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I think it shoukd be for stakers only

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Ekran görüntüsü 2024-11-11 212318

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I believe it’s been hinted at being a “bonus” rather.

Not 100% confirmed but I’d expect a 100 jup bonus for not missing a vote.

Apart from that, I wouldn’t expect it

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I feel that’s definitely fair. If we can bring in more DAO members even if half or more sell it will be a learning experience and I feel sure we would get some new stakers, members by splitting it amongst other Jup users and DAO stakers. I’m for it.

Regardless of whether I get a gift or not being a staker and only missed the first vote I’ll still stay locked and wait and see what comes next. Personally I only expect great things to come from Jup already so much and it’s only the beginning. Short mindset has always hurt me in the past. When I truly believe that is.

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Not my case

The team decided to send a clear message that they prefer to reward farmers over stakers.

All good with that, but maybe they should have thought about taking care of those that believed and invested in the project over onboarding new “”””” users “”””” with 700M

I’m personally out, and many loyal stakers that I know are unlocking as well :+1:

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