Jupiter Unveils Q3 Roadmap: Active Staking Rewards, Token Launches, and More
Jupiter's LFG launchpad gears up for $CLOUD and $DBR token launches in Q3.
- Author: Sheldon Cooper
- Published: July 1, 2024 at 18:06
- Updated: July 1, 2024 at 18:24
Jupiter, the leading DEX aggregator on the Solana, has announced a packed roadmap for July and August that features the highly anticipated Active Staking Rewards (ASR) claim, two token launches, and crucial governance votes that will shape the platform's future.
ASR Rewards Claim
Early July marks the long awaited inaugural ASR(Active Staking Rewards) claim, rewarding users who actively participated in governance by voting on proposals from March to June. ASR is a reward system to incentivize community engagement by distributing a pool of 100 million $JUP tokens and 75% of Launchpad fees to voters. This revolutionary model empowers users to directly influence Jupiter's growth and development.
Since the beginning of the LFG launchpad, several projects, including ZEUS Network and Sharkyfi, have announced separate token airdrops for $JUP voters on top of the ASR rewards, further enriching the benefits of active participation.
Token Launches on LFG Launchpad
Jupiter's Launchpad For Governance (LFG) is set to host two exciting token launches in the coming months; both emerged victorious in the Jupiter governance vote to secure their spots on the launchpad.
$CLOUD by Sanctum
According to the roadmap, We will witness the launch of $CLOUD, Sanctum's native token, in mid-July. Sanctum is a prominent liquid staking protocol on Solana.
$DBR by deBridge Finance
Early August will see the launch of $DBR, the token powering deBridge Finance's cross-chain interoperability solutions.
Upcoming Governance Votes
Jupiter's community will have the opportunity to vote on several key proposals:
- J4J (Jupiter for Jupiter): A pivotal vote in late July will decide whether to reduce long-term emissions and the $JUP token supply by 30%.
- Jupuaries: August will begin with a vote on whether to continue Jupuaries, a program that airdrops $JUP tokens to users of Jupiter products.
- ASR Renewal: A final vote in August will determine the extension of ASR rewards beyond the first two quarters.
With the inaugural ASR claim, two highly anticipated token launches on the LFG Launchpad, and critical governance votes on the horizon, the next two months promise to be an action-packed period for Jupiter.