Hello, I think allocating to Jup stakers is a good idea. It’s a community that many people appreciate, but I think 3% is too much compared to the 5% allocated to people who took risks and LP in 2025.
(I say this and I have staked Jup.)
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Hello I’m also a Jup stacker, and I was surprised when I knew the news, even if I expected for.
If this solution take care and don’t bring down the TGE price, well done 
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JUP stakers have had so many opportunities to offload their JUP allocations; pretty safe to assume that the majority of them are here for the long run.
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3% for jup stakers is too much comparing to 5% for 2025 LP.
Jupiter is great, but liquidity providers make much more contributions and take much more risks.
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3% for what exactly? 1% is more than generous
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If they burn the nft, they lose their tokens. They can withdraw their position, if they want. This proposal is nice because it adds more liquidity to MET, if Jup stakers want to sell their tokens they need to opt out, by using meteora and withdrawing their position
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In addition to considering votes, time and amount of staking, I would also add a threshold of MET points. Like having at least 1 million MET points
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It’s not about over-leverage. With the LP ARmy and the NFT Distributor, i dont need any tokens to deploy on-chain, for liquidity. The main tokens we need is IF we go for centralized exchanges, we need to distribute MET to exchanges, of which I believe that 2% is plenty.
Jupiter and Meteora has worked together for 3 years, since Meteora and Jupiter both spun out of Mercurial. They launched JUP using DLMM, driving the initial batch of early users. They integrated our AMMs whenever we needed. They directed anyone who wanted to build a launchpad on Jupiter to use DBC. They supported our partners (including Believe) with free data so they could grow and service their users. I respectively disagree with your take. Pasternak and I are close allies but we wont be doing this
We have already seen a lot of users come in from Jupiter, so I don’t really agree as well.
Your calculations are wrong. There is 600M JUP now, and the past numbers are even higher. Also, 3B is very high. I was doing all my calculations at 1B, where it’s 10%.
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It’s way, way harder to be an Meteora LPer, than a Jupiter staker. That’s an absolute fact. Meteora LPer’s are constantly putting their capital at risk to make points. I’m a Jupiter staker from the very, very beginning too and I don’t like how big of an allocation these guys are getting. I think you’re a Jupiter staker and you were someone who also used Meteora maybe you should get more of an allocation than someone who stakes and forgets, which is a bit brainless.
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@soju I don’t understand why this part comes from TGE reserves. Back in May you introduced the proposal for 25% - liquidity mining and TGE reserves. We knew $MET is going to have relatively high circulating supply of 40% and backed by only 5% of TGE reserves. It was ought to compensated by portion from the other 20%, taken for short period of time, and liquidity from LP Army. 5% is low by itself for 40% circulating, but now its going to get even less stable if 3% out of that is going to be fully liquid.
You guys say JUP stakers are loyal and important, but I am sure lots will opt to sell. JUP was on downtrend for quite some time, most users never provided liquidity to feel like holding the $MET tokens. Problem is that it comes from TGE reserves, which is crucial for initial launch.
Having the liquidity non-permanently vested for 2-3 weeks would not only make JUP stakers track Meteora more, but also stabilize the initial liquidity a bit.
I don’t know how the ranges for NFTs will work, so have to wait and see of course, but I believe 5% of TGE reserves should be immutable
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We did it because of community concerns on dilution. This way, there is actually no dilution thanks to using it from the 5%.
I fully understand your concern, but I think its manageable because the recipetents will be receiving NFT, as in liquidity.
Initial Plan: Team deposits 3%, keeps 3% in treasury
Now: Team Deposits 3%, distributes 3% to the community.
As you can see, actually the liquidity at TGE is maintained. I further intend to campaign and encourage the community to deposit their tokens into the liquidity pool when they can view their allocation, this will further bolster liquidity if necessary.
My concern with liquidity vesting/locking is that liquidity will become predictably volatile → price can be attacked easily. So i didnt want to do that
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Did you guys consider taking the JUP allocation from $MER holders portion? That way it’d be fair since they received 5% of JUP
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a Great way to get new people involve fast and hands on, Kudos!
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3% is reasonable. IF we increase the 2024, 2025 allocation amounts
remember: everyone acknowledges MER at 20% is high. that is consensus. everyone agrees that it’s iffy. it’s an “issue” because it was a promise
but why only think in terms of subtraction?
”oh we can’t substract cause we promised” - well, create the proper balance by ADDITION, not substraction. at least (!) go above MER’s 20% with 2024, 2025 and retail alloaction combined.
that would be balance. simultaneously, the 3% for JUP stakers will seem more appropriate as well. because now the first thought is like “ok 2025 get 5% but JUP 3% 
.. hmm “. that does seem funky and a bit off, because it is. yet that is ONLY because 2024/2025 allos are too low in the relative sense
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Ah ok that’s nice. It’s kinda psychological making it harder to just sell and instead use the platform and provide value to the token got it
If you’re calculating based on 1B then we’re close to each other. Also, my calculations did not take the fact that staked JUP changes into account - I just assumed that the total 600M JUP (which translates to approx. 300M USD depending on date of calculation) would receive 3% of 3B (or 1B which is still approx. 30M USD i.e. 10% as you’re saying).
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Good proposal imo, I feel a lot of JUP stakers will hold their positions post drop.
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Why doesn’t the Jupiter community give us $JUP tokens?
LP Army gets 2%, and Jupiter community gets 3%, LP Army has done more for Meteora than Jupiter.
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JUP 3% isn’t even important comparing to how much MERs will get.
JUP allocation was expected tbh, they are Met’s sister company after all. Allocation will be spreadout to many holders, not a few. It is only bad if it’s stacked on top of a high MER allocation - small holder count that will 100% insta dump all.
I love MET and would like to continue the journey together, but if MERs allocation is high or not vested, I’m insta dumping whatever I get with 4B MET points. I ain’t gonna LP $MET or stake it or simply hold it to have “outsiders” use me as exit liquidity.
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