Jupiter Alliance: It is expected that 15% to 17.5% of JUP tokens will enter the market circulation on the first day of JUP genesis.

BlockBeats reported on January 2nd that Meow, co-founder of Jupiter, disclosed more information about the JUP token on social media. Meow stated that the current plan is as follows: 1. Mint 10 billion JUP tokens; 2. Distribute the 10 billion JUP tokens equally between two cold wallets in a 50:50 ratio (one belonging to the team and the other to the community); 3. Withdraw 10% of the tokens from the team wallet to provide liquidity; 4. Withdraw 15% of the tokens from the community wallet for the initial airdrop and early community activities. Meow added that the team wallet is expected to initially use 5% of the tokens for building initial liquidity, with the remaining tokens yet to be determined. However, on the first day, 1-2% of the tokens may be used for liquidity. Overall, it is expected that 15%-17.5% of the JUP tokens will enter circulation on the first day, 10%-7.5% will be stored in hot wallets, and 75% will be stored in cold wallets.