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Reported by The Block, Solana's largest decentralized exchange aggregator, Jupiter, has unveiled a retrospective token airdrop program aimed at rewarding its early users.
As part of a community-centric initiative, this airdrop will see the distribution of four billion (40%) of Jupiter's total 10 billion tokens across four phases. Commencing next week, the initial phase will release one billion Jupiter tokens to users who have conducted a minimum of $1,000 in swap volume on the protocol. The eligibility list encompasses 955,000 wallets identified in a snapshot taken on November 2.
The airdrop incorporates various reward tiers based on the volume of user swaps. The team has clarified that upcoming airdrop rounds will focus on rewarding new users.
The official airdrop allocation website will go live next week, enabling everyone to verify their allocation amount and other pertinent details.
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