Active Staking Rewards is an
innovative way to reward active participants with JUP, allowing them to accrue more voting power
over-time, in the simplest way possible.
50M JUP will be distributed to stakers during this period.
ASR is calculated using a time-weighted average of your stake during this period.
An average of 50 JUP or more staked during this quarter is eligible for ASR.
Staked JUP
50M
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ASR Recap & Explainer
What is ASR & Why it Matters
Meow: Juply & ASR
FAQ
What is ASR?
Jupiter's community of cadets,
voters, and users is huge and diverse. ASR functions as a bootstrapping mechanism to incentivize
Jupiter's community to be involved in decisions, voting, and discussions.
It
is an innovative reward system that rewards voters based on voting activity and community
participation.
How is the ASR Pool determined?
ASR Pool consists of JUP from excess
unclaimed JUP from the 1st Jupuary airdrop, you can refer to this
proposal for more information.
During inception of ASR, it was utilizing
JUP from JUP's usage of the LFG Launchpad, but has since
renewed. In addition, 0.75% LFG Launchpad fee of other launches were distributed as well and for
this
period, there is no LFG Launchpad fee.
How is my allocation calculated?
ASR is distributed per
quarter.
For this quarter's ASR, it is calculated based on your daily
time-weighted average stake of JUP. An average of 50 JUP or more staked is eligible for
ASR.
In the previous quarters, it is calculated based on the participation of
the proposals within that quarter. The more times you vote or each time with more JUP, you will
receive more rewards.
Why can't I claim my JUP?
If you have an ongoing unstake, you
will need to wait for it to complete or cancel the unstake before claiming your JUP
rewards.
All JUP will be automatically added to your stake account after
claiming. These stake accounts are viewable on vote.jup.ag.
When is the next round of ASR?
ASR was initially bootstrapped with
100M of JUP LFG Fees, which was given out for 2024's Q2 and Q3.
After this
proposal, the excess Jupuary tokens were used to extend ASR for 1 more year, which was given
out for 2024's Q4 and 2025's Q1, Q2 and finally Q3.