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Jupiter launches JUP governance token via community airdrop, one of the largest in Solana history
JupiterJupiter Aggregator & Perps
Jupiter announced the launch of its JUP governance token through a community airdrop in January 2024. The airdrop distributed tokens to active users of Jupiter, and the token gives holders voting rights over the protocol's development and incentive distribution.
- JUP token grants governance rights to token holders
- Airdrop distributed to Jupiter's user base
- Marks a milestone transition from operator-controlled to DAO-governed