⚡️ Meteora will distribute a drop to stakers $JUP
The developers from Meteora plan to distribute 3% of the tokens $MET to the stakers of $JUP.
Here are the main points from the team's lead.
Take note:
1️⃣ Upside math. Currently, approximately 600 million coins are staked at $JUP . If 3% of the meteoric supply (which is ~$30 million at an FDV of $2 billion) is distributed among them, it results in a quite decent potential yield.
The lead considers these figures fair. And it's hard to disagree with him.
2️⃣ Gesture of reciprocity. Do you remember that $JUP also allocated a whole 5% of the emission to Meteora at TGE?
So this is not just a drop, but rather a reciprocal gesture of respect towards the Jupiter community.
3️⃣ What about LP? A question that many are pondering: "Are liquidity providers being left out?" The team assures that they are not.
Their "LP army" will receive a lion's share of future emissions, totaling about 20% of the tokens (they added up all their pools), so there's nothing to worry about.
What’s the bottom line?
In the screenshot, there is a rough calculation of the drop to the wallet. The figures are, of course, approximate and depend on the final FDV, but it looks promising.
If you stake JUP— this is yet another reason to smile.
🍔 What do you think? Do you see any disproportion here or is everything fair?
