The decentralized trading aggregator Jupiter Exchange announced the launch of its native token JUP, with 40% allocated for community growth and airdrops

ChainCatcher news, Solana decentralized exchange aggregator Jupiter Exchange announced the upcoming launch of its native token JUP during the Solana Breakpoint conference, promising that 40% will be used for community growth and airdrops, 20% for public token sales, and 40% for team and strategic reserves.

In addition, Jupiter's pseudonymous co-founder Meow stated in the community that Jupiter will consult with the community over the next two weeks before establishing a definitive timeline, adding that JUP will serve as a governance token.