I think this is a smart decision for several reasons:
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JUP played a major role in Meteora’s growth—while Meteora has great tech (and I’m an LP myself), we can’t deny JUP’s influence.
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JUP stakers are largely long-term believers, and most will likely value holding these NFTs for the earnings potential, which aligns with why they stake in the first place.
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This initiative will also onboard more people into learning how to LP effectively, which should turn many into long-term users.
That said, I do have two questions:
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Since eligibility criteria include votes participated and time-weighted stake, will those who are no longer staking but did participate in multiple votes still qualify?
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Will the allocation structure be tiered or distributed linearly?