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Jupiter: Over 200 million JUPs have been pledged, and pledgers need to actively vote to receive rewards.

Jupiter: Over 200 million JUPs have been pledged, and pledgers need to actively vote to receive rewards.

CointimeCointime2024/03/10 07:52
By:Cointime

On March 10th, according to data from Jupiter's official website, it was posted on social media that there are about 8 hours left until the first LFG vote ends, and currently over 200 million JUP tokens have been staked. Stakers need to actively vote in order to receive rewards.

For the first four months (from March to June), Jupiter has 50 million JUP tokens and other Launchpad fees (including 7.5 billion WEN tokens), and an additional 50 million JUP tokens will be put into use in the next quarter. These JUP tokens come from the JUP Launchpad fees paid during the TGE period, and all future projects will pay 0.75% of their total supply to JUP DAO as active staking rewards, which will also be directly distributed to voters.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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