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Jupiter Announces $3B Token Burn and Buyback Plans

The founder of the decentralized exchange Jupiter, known as “MEOW,” has announced plans to burn $3 billion in JUP currency. Moreover, the platform intends to purchase JUP tokens with half of its protocol income.

“Jupuary” Airdrop and Community Incentives
As we reported in late December 2024, Jupiter revealed a significant airdrop initiative called “Jupuary.” Comprising 700 million JUP tokens, the airdrop took place on January 22.

This initiative is meant to honor token stakers, community contributors, and active users. Rewards for consumers who have used Jupiter products, including swaps, limit orders, or DCA, fall under the distribution category among various other aspects. Additionally included are specific allocations for stakers who are regular and involved in community government.

Jupiter Announces $3B Token Burn and Buyback Plans

The founder of the decentralized exchange Jupiter, known as “MEOW,” has announced plans to burn $3 billion in JUP currency. Moreover, the platform intends to purchase JUP tokens with half of its protocol income.

“Jupuary” Airdrop and Community Incentives
As we reported in late December 2024, Jupiter revealed a significant airdrop initiative called “Jupuary.” Comprising 700 million JUP tokens, the airdrop took place on January 22.

This initiative is meant to honor token stakers, community contributors, and active users. Rewards for consumers who have used Jupiter products, including swaps, limit orders, or DCA, fall under the distribution category among various other aspects. Additionally included are specific allocations for stakers who are regular and involved in community government.
https://www.crypto-news-flash.com/jupiter-announces-3b-token-burn-and-buyback-plans