Find out about $MET, $JUP, $PARCL, $KMNO below.
Having distributed more than $750M to active participants all over the Solana ecosystem, I think it is safe to say that the $JUP launch was a resounding success. $JUP arguably kicked off the current wave of airdrop hype, and has scheduled further airdrops every ‘Jupuary’.
As to the criteria for future airdrops, I cannot say for certain. However, I do imagine that active users of the exchange, and its other products over the following year, will likely reap the majority of the rewards come next ‘Jupuary’. This means:
Parcl has recently entered season two of its points trilogy, and has increased points emissions for both depositors and traders.
The team have strayed away from directly announcing a token thus far, but have stated that ‘points will provide a quantitative answer to a users contribution to the protocol’, and that ‘an exciting new paradigm’ will roll out following the close of the points program. I’m pretty confident this will eventually lead to the launch of a token, but this is by no means a guarantee.
Meteora has attracted significant user interest and volume with the launch of their DLMM pools over recent weeks, and especially so during the $JUP launch. These pools concentrate liquidity into ‘bins’, allowing for extreme capital efficiency. For e.g. I earnt $9 in trading fees from only $85 in liquidity provided, bloody brilliant!
The Jupiter team is closely linked to Meteora, with many team members working on both projects simultaneously. This is a DeFi protocol to definitely keep an eye on.
The points system is now live in the backend, and the team is actively working on a UI due sometime in the near future. Currently, the best ways to accrue MET points are: