Jupiter: The first LFG vote has staked over 200 million JUP, and stakers need to vote actively to receive rewards

2024-03-10 15:39:50
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ChainCatcher news, Jupiter tweeted on platform X that there are about 23 hours left until the first LFG vote. The official website shows that over 200 million JUP have been staked. One point Jupiter wants to clarify is that, unlike passive voting, stakers need to vote actively to earn rewards.

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

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