As the Jupiter Airdrop Lead, Mei, recently addressed the Jupiter community’s concerns and challenges regarding the forthcoming 2024 airdrop event. The team is navigating an increasingly complex macro environment, with an expanded user base and increased transactions compared to the previous year.
In a recent social media post, Mei thanked the Jupiter community for their active involvement, acknowledging their concerns and suggestions. The team is working diligently to ensure the airdrop event is meaningful and beneficial for all participants.
One of the community’s main requests was for additional allocation tiers for swap users. However, the Jupiter team explained that incorporating these suggestions would potentially surpass the allocated budget, consequently impacting the per-wallet allocations negatively. The team aims to maintain a balance between inclusivity and fairness while focusing on Jupiter’s primary goal – expanding the user base.
Concerns about fraudulent activities within the lower tiers were also addressed by Mei. She stated that the sybil activity is uniformly distributed across all volume ranges and assured the community of aggressive filtering to guarantee genuine participation. The team is also taking measures to reduce false positives, with plans to enhance customer support.
Expert traders within the community have asked for increased transparency regarding the criteria and a larger allocation share. Mei explained the team’s methodology, which standardizes usage across trading products. Expert traders are already allocated 20% of the user pool. The possibility of increasing this allocation is under consideration by the team.
Stakers have also requested the “super voter” threshold to be either reduced or proportionally allocated based on votes cast. The team confirmed that the “super voter” bonus is a reflection of commitment to Jupiter’s ethos and signaled potential adjustments to the criteria.
However, allocations will continue to be on a per-wallet basis due to logistical constraints, making the conglomeration of volumes across wallets unfeasible for this airdrop cycle.
The Jupiter team acknowledged the difficulty of satisfying a diverse community amidst real-world limitations, and they are committed to filtering feedback and refining the process to ensure a thoughtful and meaningful airdrop. To wrap up the feedback discussions, the team will host a Twitter Space with the CWG on Monday.
In terms of market trends, Jupiter currently trades at $0.8144, experiencing a minor dip of 2.06% over the past day. The market capitalization has also decreased by 1.75%, currently standing at $1.1 Billion. The 24-hour market volume has also dropped by 1.46%, standing at $60.49 Million.
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