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Wed, 10 Sep 2025 08:12:23 +0000
Proposals

Proposal: Jupiter Debit Card – Real-World Spending with Tiered Cashback in JLP, USDC, SOL, or BTC

Summary

We propose the launch of a Jupiter-branded Visa or Mastercard debit card with ultra-low fees, crypto-native rewards, and a tiered cashback system in JLP, USDC, SOL, or BTC. The product will reward Jupiter ecosystem participants, especially loyal users and stakers, and bring real-world utility to Solana-based tokens.

Motivation

As Jupiter continues to lead in swap volume, DeFi infra, and user growth on Solana, it’s time to extend that leadership into real-world usability.

This debit card will:

Provide direct utility for SOL, USDC, and wrapped assets

Incentivize deeper participation in staking and Jupiter programs

Offer unique loyalty rewards in JLP and other crypto assets

Deepen the brand’s presence in day-to-day life

Product Highlights

Visa or Mastercard-branded card (physical + virtual)

Funded by USDC, SOL, or wrapped tokens

Select cashback payout in JLP, USDC, BTC, or SOL

Boosted tiers for JUP or SOL stakers

Fully integrated into Jupiter’s staking and wallet ecosystem

Fee Structure

Fee Type | Jupiter Card | Market Avg
Monthly Fee | $0 | $5–$15
FX Fee | 0–0.75% | 1–3%
Issuance Fee | $0–$5 | $10–$25
ATM Withdrawal | First 2 free, then $1.50 | $2–$5
Inactivity Fee | $0 | $5+

Objective: Provide the most affordable crypto debit card experience globally.

Cashback & Rewards

Cashback tiers are determined by usage and staking:

Tier | Requirements | Cashback Rate | Reward Options
Tier 0 | < $1,000 monthly spend | 1% | JLP only
Tier 1 | $1,000+ monthly spend | 3% | JLP, USDC
Tier 2 | $5,000+ or 1000 JUP/SOL staked | 5% | JLP, USDC, SOL
Tier 3 | $10,000+ + 5,000 JUP/SOL staked | 7–10% | JLP, USDC, SOL, BTC

Cashback is monthly

Users choose payout token

Staking boosts rates

DAO can update tiers quarterly

Terms & Conditions (Summary)

Users must be KYC’d (if required by issuer)

JUP/SOL staking must persist throughout the reward cycle

Certain transaction types excluded (e.g. wire transfers, gambling)

Replacement fee: $5

DAO controls cashback %s and caps

Implementation Plan

1. Phase 1: R&D and Partner Search

Evaluate card issuers (e.g., Stripe Issuing, Marqeta, Latin American & EU issuers)

Token economic modeling

2. Phase 2: Pilot Program

Issue first 1,000 cards to power users and governance voters

Set up on-chain cashback vaults in JLP, USDC, etc.

3. Phase 3: Full Rollout

Card issuing globally based on regulatory zones

Integrated with Jupiter Passport and staking dashboard

Ecosystem Impact

Reinforces JUP and SOL staking

Drives deeper JLP usage

Expands Jupiter user base into daily consumer life

Differentiates Jupiter from all other DEXs

Governance Actions Requested

We request the DAO to:

1. Approve the concept and move to feasibility exploration

2. Allocate $250,000 from DAO treasury to cover:

Legal setup

Card issuer integration

Tech development & ops

Reward vault bootstrap

3. Appoint a working group of 3–5 contributors to execute R&D

Contributors & Request for Help

@YourName – Proposal author

@sol-sdk-expert – Technical architecture advisor

Open call: we are looking for help in these areas:

Card issuer/partner research

Smart contract devs

Frontend integrations (Jupiter Passport + Dashboard)

Treasury modeling

Resources

Jupiter Station: https://station.jup.ag/

Dune Analytics: Jupiter Staking + Volume Dashboards

JLP Tokenomics: [insert link]

Draft technical implementation plan: see below

Technical Architecture (High-Level)
[ Jupiter Wallet ] → [ Card Portal UI ] → [ Custody / Payment Processor ]
|
└──> [ Staking Dashboard ]
└──> [ Eligibility Check (JUP/SOL Staked?) ]

[ Card Usage Events ] → [ Rewards Engine ]
├──> [ Monthly Cashback Distribution Vaults (JLP, USDC, SOL, BTC) ]
└──> [ Snapshot Tier Eligibility ]

Reward Calculation Example

For a Tier 2 user with:

$1,500 monthly spend

1,00 JUP staked

Chose to receive 5% cashback in USDC,Sol, BTC, JLP

THANK YOU AND MABUHAY!!!

4 posts - 4 participants