Proposal to JUP
Weekly PPP Exercise by JUP
Goals:
- Users: Gain access to more valuable airdrops and have a say in the rewards.
- Projects: Achieve greater exposure and save on advertising and marketing costs.
- JUP: Increase activity on the exchange, thereby boosting fee revenue and validator
participation. - Community: Foster a thriving and engaged community through active participation and
feedback.
Commitment:
● Validator Earnings Distribution: JUP will distribute 50% (or up to 100% in certain
cases) of its validator earnings every Friday. (Or they can fund it from community allocation. i d love validator earnings. no burdon on jup)
● Collaborations: Entities like JITO and HSOL may collaborate and share their earnings
to enhance the reward pool considering it as an advertising cost.
Projects:
● Proposal Submission: Projects can submit proposals to win the reward by committing
an equivalent or higher amount of SOL for airdrops in their or any token.
● Exposure: Projects will gain exposure to the SOL and JUP community, significantly
reducing their advertising and marketing costs.
● Eligibility: Projects must have a minimum market cap of $10 million USD to submit a
proposal.
● Submission Fee: Projects must pay a fee of 50-100 SOL to submit a proposal.
● Reward Distribution: All committed and collected amounts will go to the winning project
after a community vote. The winning project will conduct the airdrop over the weekend,
with voting occurring on Friday night and the airdrop on Monday morning to kickstart the
week.
● Listing Schedule: Projects will start listing on Tuesday, allowing the community to
review and consider them before the voting process.
Voters:
● Active Stake Reward (ASR): Only JUPSOL or JUP stakers who participate in voting will
be eligible for rewards, ensuring active engagement and stake.
● Feedback Mechanism: After each airdrop, voters will provide feedback on a
dislike-to-happy scale, enabling continuous improvement of future airdrops.
Monthly PPP Exercise by JUP (fund from 10% of community contributor allocation)
● Monthly Airdrops for Community Contributors: Airdrops for “community-serving”
accounts will be held once a month, powered by community votes. These can reward
individuals like ZachXBT for their investigative work or other community members
contributing to the JUP ecosystem’s growth and presence on social media.
● Recognition and Rewards: Community members who actively participate and
contribute will be recognized and rewarded, fostering a sense of belonging and
motivation.
Overall Benefits:
● Empowered Community: JUP’s voting system empowers the community, making them
active participants in the decision-making process and ensuring their voices are heard.
● Enhanced Engagement: By involving the community in voting and feedback, JUP
ensures continuous engagement and improvement.
● Balanced Ecosystem: This proposal ensures that users, projects, JUP, and the
community all benefit, creating a balanced and sustainable ecosystem.
Proposed by :
X @umarslaar
sol addy: BMgz5grWtsgHsoPnrczXZdhDgT3wBSufNjyYU5jFyFrs
(NFTs and memecoins are welcome)