Update, after working with the Jupiter Team, we have concluded the criteria for the JUP Stakers airdrop.
[It’s Official]: Meteora will be distributing 3% of it’s supply, from the TGE Reserve to Jupiter Stakers via the new Liquidity Distributor.
We will be using a time-weighted stake-amount, from January 1st to September 21st.
What does Time-Weighted mean? We snapshot your stake balance once a day, and we calculate your average stake period over the 9 months using this method. Basically your average stake across the entire period, checked daily.
Using these time-weighted stakes, we will distribute:
- 1% of MET across all Jupiter Stakers, linearly calculated based on stake-weight
- 2% of MET across all Jupiter Stakers, linearly calculated based on stake-weight, but ONLY for addresses who have never max unstaked (actually withdrawn, unstaking period doesn’t count), partial unstakes will still qualify for this drop.
Note: This will be conducted linearly as there are a bunch of sybil wallets + Jupiter has communicated in the past that rewards will be linear to discourage sybiling.
There will be a minimum of 50 time-weighted staked JUP to qualify for this airdrop.
Note, this post was edited at 1:43 AM UTC alongside this tweet: https://x.com/0xSoju/status/1973564067068649972