The crypto community is preparing for several upcoming airdrops that should provide opportunities for Solana users. The spike in the value across the nascent industry resonated with the wake of the decentralized finance (DeFi) protocols of 2021 when the crypto bull run was in its early stages.
Solana Ecosystem: Jupiter’s Airdrop Strategy: Engaging Old and New Users Alike
The Solana ecosystem has gained attention due to the rally in its native token, SOL, and the explosion in activity. A particular project, the Jupiter crypto exchange, is about to launch its native token, JUP, via a highly expected airdrop.
According to an X post shared by one of its lead developers, the Solana crypto exchange aims to distribute 10 billion JUP tokens among its user base. The developer explained that the team behind Jupiter is trying to launch the token using a “transparent” and “fair” approach and gain more engagement with their user base.
The allocation process considers various factors, including past usage and trade volume. The 955,000 wallets that interacted with Jupiter before November 2nd are in focus, with future rounds planned to include new users.
The post explained that this approach underscores Jupiter’s intent to engage both long-standing and recent users, fueling further growth in the platform. The developer stated:
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