Jupiter’s Meme Token WEN Airdrop Has Just Passed Half, But Solana’s New Addresses Surge
Compiled by: Felix, PANews
Jupiter is a DeFi platform based on Solana that includes a variety of features and products, such asTokenTrade with customizable settings, as well as dollar cost averaging (DCA), limit orders, perpetual trading and launchpad.
Jupiter 最近宣布将发行 JUP 代币，并于 1 月 31 日向CommunityAn initial airdrop of 10% of the total supply will be carried out, and there will be three more rounds of airdrops in the future. But before that, the platform will test its Launchpad by airdropping Meme tokens WEN.
Airdrop Meme Token WEN
WEN is Jupiter's first official Beta LFG project and the first NFT minted based on the WNS NFT standard. The WNS NFT standard is a "very lightweight" NFT standard built on Token 2022 to achieve maximum ecosystem composability, flexibility, and backward compatibility. WNS 0.0 started very simple, with only 3 fields (name, symbol, uri), and only inCommunityNew features are added only when they are consistent.
WEN is a poem by Jupiter founder Meow, "A Love Letter to Wen Bros," divided into trillions of pieces and traded like ordinary Solana tokens. Each Wen token is equivalent to a proportional ownership of Meow's poem. Meow said that the project will be handed over to the construction team Ovols later.
The airdrop scale of WEN is larger than that of JUP, with more than 1 millionwalletEligible to claim, claim time starts at 23:00 on January 26. Airdrop qualifications include active Jupiter users in the past six months, several top NFT holders, Ovols holders and holders of the Saga smartphone released by Solana.
The supply of WEN is 1 trillion, of which 70% WEN will be provided to more than 1 millionwallet, the remaining 20% will enter the launched DLMM pool, and the remaining 10% will be used by the WEN Treasury for purposes deemed appropriate by LPs to promote WEN culture or drive WNS forward. 1% in the treasury will be provided to LFG Launchpad in turn, and 0.75% will be provided to future Jupiter DAO, 0.25% will be provided to the team.
The number of claims has just exceeded half
Data shows that the WEN whitelistwalletAccording to Dune data, 403,250,552,608 WEN tokens have been claimed so far, and there are still 42.4% airdrops that have not been claimed. The token holders are currently about 322,700. Each eligible wallet can get the same amount of WEN: 643,652 tokens, worth about $93.
However, the price of WEN fluctuates greatly. According to Coingecko data, the price of WEN token hit a high of $0.00016982 in the early morning, and has now fallen back to $0.0001447, with a 24-hour increase of 38%.
If the claiming is stopped now, it is expected that a large portion of WEN may be unclaimed. On-chain data shows that this number may account for at least 17% of WEN's 1 trillion token supply. The final claiming data may limit the total supply and thus affect the price of WEN, as the team has promised to destroy all unclaimed airdropped tokens.
Solana’s new addresses surge
Although the number of recipients has just exceeded half, the impact on Solana BlockchainEarlier this month, Solana BlockchainThe transaction volume hit a record high in 2022 Xiaobai NavigationIn addition, on January 28, the number of new addresses on the Solana chain in a single day reached an all-time high (7DMA).
While the best month for the number of new addresses added to the overall network was May 2022, January has already pushed second place (last month, December 2023) to third place, with more than 10 million new addresses and counting.
The article comes from the Internet:Jupiter’s Meme Token WEN Airdrop Has Just Passed Half, But Solana’s New Addresses Surge
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