I just gave you a fact: Jupuary should’ve happen every January for the next 3 years.
I don’t know why are you so surprised about these 700M hitting the market this January? By the way… should’ve been 1B
Fact: the stakers (including myself) were very well rewarded by the ASR
Fact: the traders are paying the fees for Jupiter exchange, so the team can keep on building thanks to those fees (I’m paying fees while I’m writing)
Fact: there is no guarantee that many stakers won’t unstake after January (regardless Jupuary2 will happen or not)
Fact: most of the stakers are sibyl
Fact: you didn’t read Meow’s last post
Fact: we need to bring in new users
Fact: the overall usage of the platform should be the main criteria regarding Jupuary allocation, because that’s fair
Sorry if I made mistakes, English is not my first language
Yes. 100%
Apparently, you’re not getting my point.
My point is that the “speculators” are NOT paying them. Unless you’re referring to the speculators who will be buying their tokens on the open market after Jupuary. In which case, if they’ve done their due diligence, they’ll know what they’re buying. If your point is existing speculators being diluted, then they should have paid more attention to the tokenomics.
Bottom line is that everyone knew this was coming for almost a year now. Up until just recently, Jupuary was a foregone conclusion. It should theoretically be priced in. And for anyone who aped without doing their DD, that’s on them.
I believe you’ve been one of the most consistent voices throughout this debate, articulating your position clearly and staying true to your perspective. Given that the team’s objective is to carefully evaluate all the pros and cons of Jupuary and establish a framework or criteria for us to vote on for its successful implementation, I suspect that your views, along with others who share similar sentiments, will receive thoughtful consideration. Ultimately, the aim seems to be finding a middle ground that, while not perfect, allows the majority of the Jupiverse to reach a consensus—or at least agree to disagree—on the final outcome.
For anybody wondering the proposed airdrop is about 7 percent of total supply
Not sure what the exact number rounds out too after the 30% burn
But it sounds like the team is doing its level best to keep up with interest rates in the USA.
The country that presumably governs the rest of the world in the arena of interest rates.
They are at least on paper trying to maintain a rate of inflation in the coin that is very similar to the 1.00. Or at-least the kind of yields one could expect just putting dollar bills into 4.8-5% savings accts.
Ytd ASR rewards have a 60% ROI. It’s insane to me that people are either asking for more than that or just simply not understanding that there is a roadmap that will invariably release all coins into supply.
All of this could have been avoided months ago if the team simply said : we are canceling JUPUARY due to uncertainty about macro economic conditions both with the ecosystem and the broader economy.
They did not
And instead are relying on their users to make that decision for them.
Mistake imho. Huge mistake. I welcome any correction to any of the maths cited above. And may the odds be ever in your favor