DEX aggregator Jupiter opens the first round of airdrops and will distribute 1 billion JUP

, Jupiter, the DEX aggregator on Solana, announced that it has opened the first round of airdrops. The project previously announced in November that the airdrop aims to distribute a total of 4 billion JUP in four phases, accounting for 40% of the total token supply. 1 billion will be distributed in the first phase, and users who have completed at least $1,000 in transaction volume on the protocol before the November 2 snapshot date are eligible to receive it. The anonymous founder of the project (Meow) said on the Another 1% will be allocated to community members and developers on Discord and Twitter. "We believe this segmentation will bring more rewards to power users and contributors, while also potentially giving others a reason to come back and participate," Meow said.