Some people are seriously mistaken. Giving 3% of MET to Jupiter stakers isn’t “free,” lol. Meteora users received as much as 5% in Jupiter tokens. By their logic, that was free too. So why were they happy then, but upset now?
It’s frustrating to see a selfish minority ruin the atmosphere, undermine long-term vision, and divide the community. Meteora and Jupiter have both contributed greatly to each other’s success. And Jupiter has truly revived Solana it’s a project that has benefited the entire Solana ecosystem.
They absolutely deserve what they’re receiving. In fact, if they stake the tokens they received, they could be eligible for additional allocations so there’s really no reason to oppose it.
if this is linear, its good for jup staking whales.
but bad for new users.
whales are quite often in a situation of hold, and trade slightly, and angel invest.
if they end up getting massive amounts of MET its just gonna be sold, mostly. thats what i think.
then, people with no money in their wallets, with 5 JUP, also arent the target market. they will do the bootcamp, and try, for an airdrop.
they wont convert.
so who converts? well you may have that analysis, but it wont be super accurate, as LPing with a ledger is too slow. i dont. i LP, and move funds, but its hot wallet based.
but my ledgers have the staked JUP, mostly. because its a simple task. vote, click, claim.
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Stakers, linearly calculated based on stake-weight, but ONLY for addresses who have never max unstaked (actually withdrawn, unstaking period doesn’t count), partial unstakes will still qualify for this drop.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.
Also you guys can check staking chart on Cats tool, it’s really shows who’s not worthy for bonus. I mean that big unstake candles. It can be really good for eliminating
If you want to use the Jupiter Portfolio airdrop checker for multiple wallets, you need to be staking at least 100 JUP. That’s why I’d strongly recommend raising the airdrop qualification threshold to a minimum of 100 staked JUP. On top of that, requiring at least 3 months of staking would help ensure that the rewards go to true believers who are genuinely committed to the ecosystem, rather than short-term opportunists
Wondering the same thing, is the “never full unstake” for the time-weighted stake-amount period (Jan 1st-Sept 21st) or for any full unstake since JUP inception? Fully unstaked once as a test in early 2024 then restaked. If I get 1/3rd of airdrop b/c of that.. seems silly. I have had over 242k JUP staked since then that has grow substantially due to ASR rewards.
a) John holds the JUP lock from 01/01/2024 to 09/21/2025, but unstake and withdraws tokens for one month between 02/01/2025 and 03/01/2024, after which he locked them back. John will receive 1% of the drop.
b) Leo holds the JUP lock from 01/01/2025 to 09/21/2025. Leo receives 3% of the distribution.
Am I understanding this correctly? Is this fair to John, who has been involved with the project twice as long?
Sadly this year i had to unstake my asr, but as a day one jupiter user, day one jup staker and all time voter i feel it’s a bit unfair to be disqualified for those 2% because of this.
Many in my situation. Ofc i can understand but as a real jup believer this hurt.
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