The first round of JUP airdrops has started. How to obtain the qualifications for the remaining three rounds of airdrops?

2024-02-04 10:45

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Original author: Miles Deutscher, Cryptocurrency KOL

Translated by: Felix, PANews

The trading aggregator Jupiter is currently the largest protocol built on Solana in the encryption industry. Jupiter co-founder Meow's strategy is to use airdrops to "make a big cake" and introduce new participants to its ecosystem. The JUP airdrop is the largest airdrop activity to date, with more than $750 million airdropped, and some users have made profits of over $10,000. However, JUP has only conducted one round of airdrops so far, with three more rounds to come in the future.

Most users underestimate the future airdrop scale of JUP, as only 10% was distributed in the first round. The remaining 3 rounds will distribute the remaining portion (4 billion tokens).

In addition, Jupiter did not sell tokens to any venture capital firms or early investors, which shows that Jupiter is very focused on the community. This is why the potential of the last three rounds of airdrops should not be underestimated.

So how can you qualify for the next 3 rounds of airdrops? Based on the initial snapshot, Jupiter favors genuine users who utilize the native platform functionality, so it is expected that future airdrops will follow suit.

Step 1: Swap on the platform.

· Connect your wallet by clicking the "Connect Wallet" button in the top right corner of the website.

· Jupiter supports most wallets on Solana, such as Phantom and other multi-chain wallets.

Next, select the token pair and token amount you want to trade. Jupiter will find the cheapest trading path for you on Solana.

There are two ways to achieve this.

· When you choose Solana, choose Jupiter. This way you won't need to pay any additional fees.

· Extra transactions. This will incur some additional fees, but compared to other chains, Solana is cheaper.

Step 2: Placing a Limit Order

· First, select a token and specify the amount to be sold.

· Next, specify the "rate/price" of the designated token.

· Or choose market price and click "Use Market".

Step 3: Use "DCA" (Dollar Cost Averaging)

· Click on the DCA option.· Enter the token you want to buy/sell· Enter the time period for buying/selling.

Step 4: Use Bridge Function

· Click "Bridge"· Select the token you want to bridge.· Select the outbound chain and inbound chain.

Fifth Step: Using Perpetual Contracts (Be Cautious When Using Leverage)

· Choose "long or short"

· 选择您想要交易的加密货币

· 输入交易数量并确认

· 确认交易细节并提交订单

· 等待交易完成并查看交易历史记录

Translated:

· Choose SOL, ETH or BTC

· Choose the cryptocurrency you want to trade

· Enter the trading quantity and confirm

· Confirm the transaction details and submit the order

· Wait for the transaction to complete and view the transaction history

· Selecting leverage ratio

In the future, Jupiter may introduce new features and plans. Therefore, these interactive activities are important to ensure eligibility for the next round of airdrops. Jupiter's Launchpad is an example, but more product releases are expected this year.