Jupiter Airdrop CEO May shared details regarding the issues and community concerns surrounding Airdrop in 2024. In Post X, a team member acknowledged the complexity of the current distribution, noting the increased user base, increased number of transactions, and a more complex macro environment compared to last year.
Jupiter Community Feedback on Airdrops
Review of reviews for July
First of all, I would like to say a big thank you to everyone for being users, voters and for being so enthusiastic about this July. The entire team is working hard to make this event meaningful for everyone and we want to allay your concerns… https://t.co/BSYNWbGqMi
— May (@9yointern) December 29, 2024
May wrote that many users have requested additional allocation levels for swap users. However, the team explained that implementing these proposals could go over budget and negatively impact the distribution of funds to each wallet. With significantly more wallets at lower volumes, the team aims to balance inclusivity and fairness while maintaining Jupiter’s January goal of growing its user base.
Community members have expressed concern about fraudulent activity at lower levels. As a result, the team member found that Sybil activity was equally present across all loudness ranges and provided aggressive filtering to ensure genuine participation. According to the tweet, measures are being taken to minimize false positives and there are also plans to improve customer support.
May also noted that sophisticated traders are looking for greater transparency in criteria and a higher share of distribution. The team clarified its methodology, which normalizes the use of trading products, and emphasized that experienced traders are already allocated 20% of the user pool. The team, May explained, is exploring the possibility of further increasing this allocation.
In her tweet, May stressed that stakeholders have demanded a lower threshold for “super voter” or proportional distribution based on votes cast. The team confirmed that the “super voter” bonus reflects a commitment to the spirit of Jupiter, and hinted at potential adjustments to the criteria.
The team confirmed that due to logistical restrictions, distribution will be carried out on a per-wallet basis. Consolidation of volumes across wallets is not possible in this distribution cycle.
The Jupiter team also recognized the challenges of satisfying a diverse community while dealing with real-world constraints. They remain focused on filtering feedback and refining the process to ensure thoughtful and meaningful airdrops. The group will host a Twitter space with the CWG on Monday to summarize the feedback discussions.
Jupiter Market Trends
In terms of market trends, Jupiter is currently trading at $0.8144 after falling 2.06% over the past day. Market capitalization is also down 1.75% to $1.1 billion. The 24-hour market also fell 1.46% to $60.49 million.
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