Jupuary Round 2: Conflict of Interest Among JUP Stakers

[JUPWhale]

@miuq

ASR is not to cover the risks stakers take when circulating supply gets increased by 50%. ASR is to incentivice people to vote and provide rewards for locking their assets.

The fact that staking JUP would reward ~ 48.5% from ASR + 15.9% from Jupuary totalling 64.4% in my opinion is more than enough incentive for JUP whales to HODL JUP and to stake.

Also JUP is at $1,02 at time of writing with the bull market not yet in full effect.

@JUPWhale

JUP has amassed a $1.32B market cap (#56 on CoinMarketCap) with $160M trading volume (24h) as of Sat 26 Oct 2024

• JUP has traded between roughly $0,50 and $1,75 with a median of around $1 per token

With a FDV of $10 Billion and already #56 on CMC within one year, I think JUP is doing great and there’s no need to fear a 33% downturn in the price from a so-called 50% ‘‘inflation’’.

Even if there would be a 33% price downturn the 48.5% from ASR + 15.9% from Jupuary totalling 64.4% would more than cover that.