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JUP

No. 61
Jupiter
AMM
🔥Solana
DeFi
DEX
JUP Price Today
0
USD
-10.61%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
1.35B
13.5%
Total Supply
10.00B

Price

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Coin Introduction
1. Project introduction
Jupiter offers various functions such as swap aggregation, limit orders, average cost methods, cross-chain swap aggregation, and perpetual contracts. It aims to enhance the decentralized finance (DeFi) experience on the Solana ecosystem by aggregating liquidity from various decentralized exchanges (DEXs) and integrating the liquidity of projects. Jupiter will be kickstarting a new phase and is planning on many developments. On the product side, they are going to support integrations like direct staking/ minting routes and a wider range of use cases such as Solana Pay, TWAP and streaming payments. As more liquidity sources and tokens come online, enabling routing between all of them and maintaining a scalable robust swap layer will be an ongoing investment in infrastructure building.
2. Token application
JUP will be a Governance token. Initially, the token will be locked, and the DAO will decide the exact unlock date. JUP token holders will have the ability to vote on critical aspects of the token itself, such as the timing of initial liquidity provision, future emissions beyond the initial mint, and key ecosystem initiatives, including determining the projects that will be a part of Jupiter Start.
3. Token distribution
40% Community Growth (4 rounds of airdrop distribution) 20% Locked Token Sale 40% Team & strategic reserve

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