Voting on Jupiter’s Next Proposed Airdrop is Live

Jupiter, Solana’s leading decentralized exchange (DEX) aggregator by market cap, has started voting on its most crucial ecosystem update yet: Approval for two additional “Jupuary” airdrops for the community. For the vote to pass, 70% of the community has to support it.

According to Weremeow, the platform's pseudonymous founder, each airdrop will be worth $700 million JUP and designed to be as inclusive as possible. The first of these airdrops will occur immediately after Catstanbul, a January conference for the Jupiter community.

Weremeow announced the Jupuary vote in an X post, calling it the most important DAO experiment in recent cycles.

“It is my sincere belief that if we are able to complete this in a united way, we can make JUP, Jupiverse and Jupiter far bigger, comprehensive and valuable than before,” he said.

The Biggest Jupuary Yet

Jupiter community members are expected to vote on whether to have two additional Jupuary airdrops next year from November 25th to November 29th.

If the vote passes, 1.4 million JUP will be distributed to community members across two separate airdrops. At the time of writing, JUP’s current price of $1.02 means both airdrops could be worth $1.428 million.

Seventy percent of the Jupiter community must vote “yes” for the vote to pass. If not, the team will propose a new vote until it reaches the desired approval milestone. An anonymous feedback form has been included on the site so users can leave feedback, which Jupiter will use to revise the vote if it does not pass.

During the first Jupuary, over 1 billion JUP tokens were airdropped to 1 million Solana wallets, making it one of the most widely distributed crypto airdrops ever.