Updated JUPuary 2 new vote Proposal: A Year-Long Community Celebration

Jupiter DAO
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Updated JUPuary Proposal: A Year-Long Community Celebration

Overview:
JUPuary is a community-first initiative aimed at celebrating the JUP token ecosystem through sustained rewards and engagement. The event features a 700 million JUP token airdrop distributed over 52 weeks with a blend of fair share allocations for all participants and extra incentives for JUPStakers and JLP holders. Weekly randomized drops add excitement and encourage active participation throughout the year.

Key Features:

1. Fair Share Allocation (450M JUP):

  • Eligibility: Any wallet meeting the event’s criteria
  • Allocation: * A total of 450 million JUP tokens is distributed equally among eligible participants.
    • Example: If there are 70,000 eligible wallets, each wallet gets 6,428.57 JUP for the year.

2. Added Bonus for JUPStakers & JLP Holders Bonus Pool (250M JUP):

  • Eligibility:
    • JUPStakers: Users staking JUP on eligible platforms.
    • JLP Holders: Users providing liquidity for JUP trading pairs.
  • Allocation Rules:
    • Proportional Weight: The more JUP staked or JLP held, the larger the share.
    • Time Bonus: Rewards increase based on how long the tokens have been staked or liquidity provided, rewarding long-term supporters.
    • Example Calculation: A user who staked 10,000 JUP for 6 months will receive a larger share than a user staking 5,000 JUP for 2 months.

Weekly Randomized Drops:

  • Mechanics:
    • All wallets (general participants + JUPStakers/JLP holders) receive their allocations in 1/52 increments each week.
    • The day and time of the transfer is randomized to build excitement.
    • For JUPStakers and JLP holders, their weekly drop depends on their share of the 250M pool.
  • Gamified Excitement:
    • Participants eagerly check their wallets weekly to see their surprise drops.
    • Community members share their excitement on social platforms using hashtags like #JUPuarySurprise.

Transparency & Community Buzz:

1. Transparency Dashboard:

  • A live JUPuary Dashboard enables participants to:
    • View total allocation and weekly distributions.
    • Track staking and liquidity metrics for JUPStakers and JLP holders.
    • Monitor overall community distribution statistics.

2. Community Challenges:

  • Bonus rewards for:
    • Sharing drops on social media with #JUPuarySurprise.
    • Bringing new wallets to the JUP ecosystem.
    • Engaging with partner projects and campaigns.

Taglines for Promotion:

  • “JUPuary: 52 Weeks of Surprises :tada:”
  • “Stakers & Liquidity Providers, your loyalty matters! Join the JUPuary celebration! :rocket:”
  • “Random drops. Weekly fun. 700M JUP. Are you ready for #JUPuarySurprise?”

This updated proposal ensures fairness, rewards loyalty, and sustains excitement, making JUPuary a standout event for the JUP ecosystem. Let’s make JUPuary unforgettable! :tada:

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