Jupiter ASR: Active Staking Rewards
With approximately 23 hours left for the first LFG vote, over 180M JUP has been staked. At this juncture, we want to provide clarity for what we call Active Staking Rewards — how we reward our stakers.
As opposed to passive staking, stakers will need to actively vote in order to receive their rewards. This aligns with the goal of having a highly engaged holder base, an important part of the J.U.P vision.
For the first 4 months (from March to June), we have 50M JUP and other launchpad fees from this period(including 7.5B WEN). The other 50M JUP will be rolled into the subsequent quarter, with more details to come later.
This JUP comes from the JUP launchpad fee paid during TGE, and similarly all future projects will pay 0.75% of their total supply to the JUP DAO to be utilised as Active Staking Rewards.
These rewards will be distributed based on how many tokens you voted with, without a minimum or maximum. These rewards are also distributed staked, directly to voters.
And no, splitting your tokens does not give you more rewards, nor does your vote impact your rewards. Also, unstaking JUP will require one month — as this is an appropriate balance of commitment while still allowing stakers the flexibility to exit .
In summary, we hope ASR will provide a strong foundation for a highly engaged base. JUP 4 JUP!
Quality analysis here. You need to start thinking of how to detect when the bull market is starting to wane.
I don't think we are close to that time, but your ability to objectively spot when the top is near or in will determine the size of your returns.
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