The post Jupiter opens new round of active staking rewards appeared on BitcoinEthereumNews.com.

The Jupiter aggregator is launching another campaign for active staking rewards. Jupiter’s goal is to engage the community in voting issues while distributing JUP and other tokens.  Jupiter DEX aggregator has prepared 50M JUP and 7.5M CLOUD for its next round of voting and active staking. The current claims window runs until December 31 and covers previous community votes. At the same time, Jupiter invites both organic and incentivized activity. The DEX aggregator offers multiple trading tools, which can turn into airdrop tasks. For now, it is uncertain if the project would create another Jupuary, or focus more on active staking rewards (ASR).  The current rewards will remain locked as part of the user’s staked balance. Rewards of CLOUD or other tokens from LFT launchpad projects will be sent out directly. The goal of Jupiter was also to invite as many users as possible to vote and engage actively instead of simply holding more JUP. The project also distributed the remaining JUP from the 2024 Jupuary for another year in active staking rewards.  The ASR are added to existing user stakes and can be released with the usual 15-day cooldown period. Jupiter aims to strike a balance between releasing new tokens and making more gradual additions to the free float. The community also faces the dilemma of choosing either high rewards or a more scarce JUP token with more staking and lockups.  The ASR program started with six-month periods, offering up to 100M tokens. The goal of the program is to go beyond airdrop rewards, but instead give more JUP to those that are interested in the ecosystem and ready for long-term participation. Jupiter aims to lock in its value and avoid selling on the open market, while the project grows its influence on Solana.  Jupiter aims to balance the…

---

Filed under: News - @ October 21, 2024 8:26 pm