I see you took many ideas and numbers from my proposal, which at this point still seems more refined with data and community feedback.
The math doesn’t add up. If you multiply the number of users with the allocation it doesn’t come to the right number. In other words you’d be running out of tokens.
If you steal a big part of someones work, at least give credit to them with a link…
And also when you run it through Chat GPT, at least double check for correctness.
The staking tiers are interesting but I think most stakers will be looking for a linear reward just as with ASR. There’s no need to apply tiering at the staking level.
No offence, you probably mean well, but. the below proposal is the original :
Airdrop Distribution Proposal
Below you find our JUP Airdrop Distribution Proposal for Jupuary round 2.
It’s a balanced and community-refined distribution proposal which is inclusive and comprehensive , providing sufficient decentralisation and JUP distribution .
.
Community Allocations & New Jupiter Features | 250M JUP:
DAO / Stakers: 70M JUP / 439M Staked JUP = 159 JUP per 1,000 Staked
0.159 JUP per 1 staked JUP / 15.9% bonus on top of staked JUP. If possible using the average of different snapshots of round 2.
Community contributors: 70M JUP = distributed at the team’s discretion
eg. Discord, Workgroups, Forums, POAP NFT, Promotors etc. based on level of contribution; with community submissions as in last round.
New Feature Users: 70M JUP: / est. 1,000,000 users = ~ 70 JUP per user
Any user who traded JUP, JLP, JupSOL and/or who used new Jupiter features like DCA, DVA, Ape, Perps. Specific distribution is up to the team.
Perpetual Traders: 20M JUP = 176 JUP per $1M perp volume
Total volume of the user / 113.3B total perp volume (source ) x 20M JUP.
JLP Holders: 20M JUP / 235M JLP x 1000 = 85 JUP per 1000 JLP
If possible using the average of different snapshots of round 2.
.
Adjusted Volume-Based allocations, with deduplication | 450M JUP:
$10M+ tier¹ : 40M JUP / 4,422 users = 9,045 JUP per user
$1M - $10M tier : 70M JUP / 31,920 users = 2,193 JUP per user
$100K - $1M tier : 100M JUP / 182,332 users = 548 JUP per user
$10K - $100K tier : 100M JUP / 664,448 users = 150 JUP per user
$1K - $10K tier : 100M JUP / 1,419,121 users = 70 JUP per user
All $100+ users² : 40M JUP / 3,885,443 users = 10 JUP per user
$0 - $100 wallets² : No Allocation / 11,361,557 users = 0 JUP per wallet
Total: 70M + 70M +70M +20M +20M (= 250M Community & New Features) + 40M +70M + 100M + 100 + 100 + 40M (= 450M Trading Volume Based) = 700M JUP .
¹ A new $10M+ tier is added to reflect the 9.5X volume growth of Jupiter in 1 year. The new tier properly rewards the top power users like traders, whales and KOL’s.
² $100 minimum volume requirement used to reduce the general user base from ~ 15.25 Million wallets to ~ 3.9 Million users. This effectively weeds out around ~ 11.36 Million low quality spam users / bots and airdrop farmers. No allocation for wallets with < $100 volume. Further deduplication may also need to be performed.
2 Likes