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Jupiter launches budget vote for 3 working groups

On May 3rd, Jupiter announced that it has initiated budget voting for three working groups, including Catdet, Reddit, and Web Studio. Jupiter stated that the goal of these working groups is to obtain several months of funding to see if they can find good synergy with the community, team, and other working groups before submitting a complete budget proposal to JUP for long-term development.

Jupiter: RPC is attacked by a large number of spam robots and is stepping up efforts to maintain normal user use

Jupiter officials posted on social media that their RPC is currently experiencing a large amount of spam bot attacks. The team is currently working hard to address the issue and maintain normal user usage.

Jupiter launches first core working group budget proposal vote, scheduled to end on April 2

According to official sources, Jupiter has initiated the first Core Working Group budget proposal vote. It is reported that this vote is crucial for establishing a precedent for funding workgroup initiatives to promote DAO. The Core Working Group spent a week discussing with the community and submitted a budget proposal for 2024 to DAO. JUP stakers can now vote to provide funding for the Core Working Group, with an expected 12-month budget of $450,000 and a token allocation of 4.5 million JUP. According to the proposal voting information, this vote is expected to end on April 2.

Jupiter: Over 200 million JUPs have been pledged, and pledgers need to actively vote to receive rewards.

On March 10th, according to data from Jupiter's official website, it was posted on social media that there are about 8 hours left until the first LFG vote ends, and currently over 200 million JUP tokens have been staked. Stakers need to actively vote in order to receive rewards.

Jupiter: There are currently about 6,350 USDC left in Launchpool, which are planned to be removed in the next 2-3 months.

Jupiter updated the USDC liquidity information within the Launchpool on the X platform, indicating that with all JUP tokens removed, there are still about 6,350 USDC remaining in the Launchpool to support the liquidity of JUP tokens. The related USDC will be removed within the next 2-3 months.

Jupiter's transaction volume reached $736 million in the past 24 hours, surpassing Uniswap V3 to rank first

According to CoinGecko data, Jupiter's trading volume in the past 24 hours was about 736 million US dollars, surpassing Uniswap V3 (625 million US dollars) and ranking first in DEX.

Jupiter’s trading volume exceeded US$1.3 billion in the past 24 hours

Data shows Jupiter's trading volume in the past 24 hours was about 1.313 billion US dollars, accounting for 26.6% of the total trading volume in the DEX market.

Jupiter founder: Tokens will not be sold after 7 days

Jupiter's founder Meow posted on X platform, stating that the team will not sell tokens after 7 days, and all tokens in Launchpool (including USDC/JUP) will be deposited into the team's treasury or used for LP.

Jupiter starts the same name as the Jup token on the Ethereum before the Jup airdrop.

A few hours before the launch of the JUP airdrop on the Solana ecosystem trading aggregator Jupiter, the Ethereum-based JUP token with the same name skyrocketed by over 430%, then plummeted a few hours later. Data shows that the price of the JUP token on the Ethereum network rose from $0.005 on January 30 to $0.026 on January 31, and then fell back to $0.007. Based on the Jupiter protocol launched on Ethereum in 2017, it aims to create and host DApps, however, its official website states that the protocol is no longer active.

Jupiter Lianchuang: The JUP token release website has been launched to support checking the airdrop distribution status

Jupiter co-founder Meow announced on their social media platform that the JUP token release website is now live. Users can check the airdrop amount on the website, set up DCA/limit orders in advance, and view the countdown to the airdrop period. The JUP token will officially begin trading at 10:00 am Eastern Time on January 31st. Meow added that there is enough supply of JUP tokens for early users, depending on the final demand and orders.