as if you owe team a preaching on what to do and what not, everything was precisely decided at first what and how supposed to be happened and suddenly backing it will increase fud for the project it wont impact any of you as long stakers are kept feeded, and milking it as long the cows killed then packing and exploring new option predominantly.
unlike power users they are eternal for platform and long lives the product economy. the day ASR stop yall dumping first after accumulating that high yield pretending to be innocent and loyal everyone is loyal to his bag, knowing it wont decrease the amount but infact keep increasing in a cost of few clicks.
then whats the point of ASR ?if there is no risk mitigate.
he’s still not satisfied and stacking more on top ASR, we are talking about power users who shows up daily unlike few months.
Price is a fickle thing. I do not see it as the job of the team to attempt to adhere to a price target, rather the overall adoption of the token and placing it into as many hands as possible. Distribution is a very easy thing to fake, and this token is far from fairly distributed at the moment. You can randomly click on an overwhelming number of wallets via solscan that hold JUP. And find that the only token in the wallet is in fact JUP very weird without getting into the bubble maps side of the conversation. Actually studying the nodes and trying to determine how many wallets are just controlled by a few people spreading out holdings presumably to farm or just skew voting.
A lot of talk regarding Sybil’s as it relates to the airdrop
0 talks with regards to how they can effectively count votes in a situation as described above.
even less people that can actually understand what I have just said.
A thing to remember is that this asset is still in its first year on the market. The roadmap is several years long before the total supply is either circulating or burned. What happens in the next year will have a much larger impact on the price and overall adoption of the ecosystem.
Nothing to figure out.
These tokens have been allocated to Jupuarys from inception. Everyone cheered and welcomed the idea at the time.
Now, we behave like jupuarys is arbitrarily pulled out of thin air for some sinister plot to benefit some exclusive few or intentionally jeopardize the jupiverse.
Simply let the plan run its course.
If theres anything to determine, lets Figure out how to distribute it most fairly to the most worthy beneficiaries.
Well all need to keep in mind the footprint of the crypto space In general. BTC is higher than ever, bullrun just barely starting for all intents and purposes, alt coin summer still to come. A rising tide raises all ships. I fully believe JUP will never see much in under $1.0n the stakers are taking less risk by holding JUP as the token grow stronger. So what if unstaking takes 30 days? True earnest devotion to the platform means understanding that what is staked is truly rewarded by the privilege to speak on the still burgeoning ground floor of JUP-DAO…to be seen, heard and acknowledged with C.A.T. while standing upon the bleeding edge trade fllorof future within LFG where player pumps player by early access to alpha vaults and tfg token launchs. The experiential process will pay out in earnest…NGL tho I’m a top 10% so lol
People are blind with the possible rewards and coming Jupuary… they dont wanna watch behind the scenes. Thats the same people which were buying rugged nfts in 2021-2022. I am upset with it current situation as they doesnt learn lesson
I think this is one of the main problems. I keep seeing a high number of people in the forum parroting the same ideas about togetherness, growing the pie, comunity, vibes… I dont think a single big staker (outside of the team) cares at all about any of this. If you are a large holder you are mostly worried about:
Big unlock going to people other than holders, causing dillution to your investment.
Poor value accrual, since the project is profit generating but shares nothing with holders (see JLP)
Project spending money in meaningless pursuits, like a meeting in Turkey, which to me it looks borderline sociopathic, having a lot of people traveling to Turkey while big stakers are paying for it.
You guys are running a 10B+ behemoth (top 1 project in Solana still) but price has been laguing everything in the ecosystem and you guys keep acting like the main priority at this stage is building comunity. There is a reason every post in this forum has 50% of replies by NPCs following the same group thinking, its because they think you guys are going to pay them for their good work in Jupuary. And thats just wrong.
so what you think an average user should think if majority of rewards mechanism stays in favor of them, ASR is favorable and rewarding for same risk mitigating right? which was cleared in conflict of interest and thats against decentralization which gets more weighted and more bias in terms of self interest which is more clear in current votes with 85% wallets in favor of jupuary and just 15% against which cant pass even with less against even though ASR is more favorable for those numbers.
its super clear that ‘no’ votes doesnt means ‘never’ jupuary happening
there is no particular way team could satisfy their need and just because he is whale doesnt means he wont sell his holdings, hes the one more concerned when it comes to price and will likely stand first in the line after accumulating, i hope im not talking to the same person.
LFG launchpad fees goes to DAO and linearly
and talking off JLP, jupiter doesnt provides liquidity to perps but 70% fees generated through perps goes to JLP providers.
i dont think thats meaningless, marketing is part of projects growth and its vital when jupiter is initially in the phase and after all there will be a major platform announcement/ partnership which indeed in relevant to progress and worth the effort, thats 1m given as subsidy to get this initiative more engaging.
team allocation needs a good sufficient liquidity with high holder count and new user joining and getting more comfortable with the space.
4 jupuary was part of roadmap from inception,
1 jupuary indeed attracted more users and stats do clearly speak.
2 jupuary for platform growth oriented (which was cleared from soju)
1 jupuary which was halted will be decided by DAO and i can assure the results which will be ASR.
Rewarding voters is good.
Decentralization of token supply is also good.
We cant be selfish-minded, we must be community-minded, PPP !
btw this was from latest planetary call.
(simp you simping everywhere @ardenghost )
its pretty common and lame seeing same mindset grouping and pushing your narrative against jup ethos, ngmi.
6 figures, lets assume it as 100,000 so throughout the year as per 45% APY it would propose 45,000 as active yield bearing which is tier 2 airdrop as per last jupuary for barely doing anything if that passive cant satisfy then even god cant fulfill ones immense needs lol, which in this jupuary makes nearly not possible for such numbers to exist and still pathetic no one is satisfied lmao.
the whole outcome would be parabolic if jupuary 1 was the source. anyway i dont give financial advice tho, you knewed jupuary was part of the plan from day 1.
as a staker even i oppose that substantial APY that benefits just top collective and easy to sell in one go without any lock on yield.
There are traders that put that kind of money down every single week. They are paying lots of fees by doing that.
Why do you think you’re so special?
Jupiter is a trading platform, not a ponzi staking thing.
I don’t know how and when you got your tokens, regardless, you should’ve known there is a Jupuary coming.
On top of everything, there is a big chance, you’ll probably unlock and sell your bag during the next few months.
Thejupiary in the end will go for the minority,10 percent of the power of the vote holds 0.08 percent of the stakes!!The stakes will decide what’s benefit them but not the Jupiter protocol.
Spoken like an airdrop farmer, who doesn’t care about the coin collapsing, as long as you get your bag.
If I see a ship sinking I won’t stay on it. If the team can support themselves with numbers, research, and projections; essentially be perfectly clear and concise instead of flip-flopping around like they’re currently doing, I will continue to stake.
You’re acting like risk to reward is not a thing. Jup is new, and having funds tied up (as you can’t just vote and pull out) increases that risk. Especially in a space like cryptos where the landscape is ever changing. A project can be successful one day to only go and die the next. Jup was a coin I had belief in, and was a place I can park a portion of my portfolio safely while making a return.
For such an important vote, the “essay” failed to give any detailed analysis. It just touched upon a few areas, but ultimately fell short. This made me weary and really took away my confidence in the coin.
People love to act like this is not an investment, and pretend that returns don’t matter. Those who do should just go and donate all their money to the team, since that is all they care about? In your case, It’s obvious that you’re an airdrop farmer and are trying to convince people otherwise. You’re chasing that bag and are just going to bounce right after. Which is why the points you argue are ridiculous; you just keep assuming that the APY is not going to be regressive and that dilution will barely be a thing. I have no problem with an airdrop being given out, but do it in a way that doesn’t destroy the coin.
Everybody that doesn’t agree with your view is an airdrop farmer. Many sold their tokens after the first airdrop. Where is Jupiter now?
You’ll be bouncing as well. Crying about the price every single day, shows that you can’t wait to exit. Before you exit, you want to be sure there is nobody out there to disturb your departure, no sell pressure. Pathetic.
don’t be a phenomenon here, to be honest im super exhausted entertaining every one in such a productiveless debate even though I know the outcome of both consequences still ill try to explain you in a humble and simple way, Jupiter is a DEX and stakers gatekeeping the token wont make it bitcoin the next day it takes efforts every pile to pile and every dip and pump reflects the sentiment of the coin and community, it doesn’t means airdrop will nuke the coin in this sense even ASR with high yield will end up with same impact.
you did lost my confidence as an investor without reading tokenomics and the above message, or you would precisely be thinking like some other that it would end up with a 1:1 ratio on top of ASR with garnishing like few unstakers with similar interest pattern who possible got what they wanted and ready to floor it its not like they had faith in project, it was a wolf among sheeps.
every action comes with a reflective reaction.
jupuary 1 was solana inclusive I believe it launched when solana was at its lowest, now every user interacting with Jupiter coming from different blockchain indicates farmer?
jupuary reflects incentives which ASR does on the first place even though you dragged power users as farmers this is who resonates what jupiter aggregator actually stands.
we belong to 85% of wallets who believed in project unlike selfish-minded with 15% on the other side, i can see where you belong even tho ASR is much more profitable with 50% of ROI.
how much profitable return is a return for you. my above math clearly rectifies your claim or visit this page
wonder what the price will be if we kept colonizing jup for decades.
they like if its locked but dont like if they earn ASR lol there is no particular way to satisfy everyone the whole topic of putting up for vote is absurd despite the fact every action has equal importance
