🚀 Big news in #DeFi! After a failed $1.7B proposal, #JupiterDAO revises its airdrop strategy on the #Solana network with over 87% approval. Focus shifts to real users, excluding airdrop-farming bots. Ready for #Jupuary 2025? Stay tuned! 📈 #CryptoCommunity #BlockchainNews
Table of Contents
Introduction
JupiterDAO has made headlines in the decentralized finance (DeFi) world with its recent decision to revise its airdrop strategy on the Solana network. This move comes after a previous proposal, valued at $1.7 billion, failed to gain the necessary support. With a new strategy in place, JupiterDAO aims to ensure that the benefits of the airdrop reach genuine users rather than bots.
The Failed $1.7B Proposal
The initial proposal by JupiterDAO was ambitious, aiming to distribute $1.7 billion worth of tokens to its community. However, the proposal did not pass, leading to a re-evaluation of the airdrop strategy. The failure highlighted the need for a more targeted approach to ensure that the distribution was fair and effective.
Revised Airdrop Strategy
In response to the failed proposal, JupiterDAO has crafted a new strategy that has received overwhelming support, with over 87% approval from the community. This revised plan focuses on distributing tokens to real users, effectively excluding airdrop-farming bots that have plagued previous distributions.
Focus on Real Users
The core of JupiterDAO’s new strategy is to prioritize real users who actively participate in the ecosystem. By implementing stricter criteria and verification processes, the DAO aims to ensure that the airdrop rewards those who contribute to the network’s growth and sustainability. This approach not only enhances the value of the airdrop but also strengthens the community’s trust in the DAO’s governance.
Conclusion
As JupiterDAO prepares for #Jupuary 2025, the revised airdrop strategy marks a significant step forward in its mission to build a robust and engaged community on the Solana network. By focusing on real users and excluding bots, JupiterDAO sets a new standard for airdrop distributions in the DeFi space. Stay tuned for more updates as the DAO continues to innovate and lead in the blockchain industry.
