JUP DAO Newsletter #16

Key Points:
  • Race to Catstanbul

    A thrilling global competition where National Champions from six regions will compete in Istanbul. Prizes include trips to Abu Dhabi and Breakpoint tickets.

  • Giant Unified Market (GUM)

    The primary focus for 2025, GUM aims to become a universal asset platform. Major updates, including Launchpad V2, will be unveiled at Catstanbul.

  • Community Rewards

    JUP community members are celebrated with exclusive, merchandise, and the Good Cat rewards program for active contributors.

  • Jupiter DAO Governance

    Governance initiatives include eight votes planned for Q1 2025, updates on staking rewards, and announcements of new utilities for JUP tokens at Catstanbul.

Happy 2025, Catdets! JUP DAO never sleeps or slows down – not even for holidays. Let’s dive into what happened over the past seven days!

🕌 RACE TO CATSTANBUL

Get ready for something super exciting, catdets! The Race to Catstanbul is bringing together amazing @superteam members from six different regions in a thrilling competition that you won’t want to miss!

Here’s how this works:

  • To kick things off, national competitions are hosted, where participants from six countries get to show their racing skills!
  • Winners from each country become National Champions and receive an all-expenses-paid trip to Catstanbul for the Grand Finale!
  • At the Grand Finale in Istanbul, these champions will compete in an epic International Championship—the Ultimate Showdown!

Prizes include:

  1. Grand Prize: Flight to Abu Dhabi plus a Breakpoint ticket!
  2. Runner-up Prize: Three Breakpoint tickets
  3. Third Place: One Breakpoint ticket

Catstanbul is going to be INSANE!
@JupiterExchange

BONUS CATSTANBUL CONTENT:

🎤 AMA WITH KASH

Earlier today, @kashdhanda hosted a surprise AMA (Ask Me Anything) session in the JUP DAO Discord.Below are the key insights shared during the session.


IMPORTANT: The following points are paraphrased summaries, not verbatim quotes, and may contain minor inaccuracies.

Catstanbul

  • Giant Unified Market updates will be shared at the event
  • New details about Launchpad Version 2 will be revealed
  • Catstanbul’s schedule includes major announcements on Day One, followed by an unconference format on Day Two
  • A documentary team will be filming throughout the event
  • Vegan food options may be available (contact @kashdhanda if you’re vegan and planning to attend)

  • Special NFTs will be distributed to event attendees
  • Various teams and working groups will offer exclusive merchandise
  • Catstanbul 2026 is likely to return to Istanbul, though the location isn’t finalized yet

Jupiter Products

  • The primary focus for 2025 is developing GUM (Giant Unified Market) as a universal asset platform
  • Jupiter is collaborating with TON Foundation to incubate a DeFi aggregator, but there are no plans to expand to TON
  • Desktop wallet development for Jupiter Mobile is not planned, as efforts are concentrated on mobile experience
  • Limit Orders for Perpetuals are under development
  • Demo trading features are not planned for the immediate future
  • NFT support for Jupiter Mobile remains a low-priority item

Governance

  • 8 governance votes are planned for Q1 2025
  • Active Staking Rewards for Q4 2024 should be available in late January
  • POAPs alone won’t qualify for Good Cat allocations but might be considered alongside active contributions
  • Additional JUP utility beyond governance may be announced at Catstanbul

🪐 JUPIVERSE UPDATES

🛠️ JUPITER WORKING GROUP UPDATES

⚙️ Core Working Group

 

📢 Uplink Working Group

  • Another major milestone reached by @jup_uplink: 20,000 followers on X! Congratulations!
  1. Anu
  2. Sahrul
 

😺 Catdet Working Group

  • The Good Cat form is live! You have time until the end of January 2025 to submit your application: https://goodcats.jup.ag
 

🎙️ JUP & Juice Working Group

 

🏆 JUP DAO GRANTEES

📑 RAY

🎓 Jupiter Thread University

🐱 COMMUNITY HIGHLIGHTS


That’s it for now, Catdets! Thank you for reading and see you next Monday!

J.U.P is home.

There is no cap.

ILY.

Additional Resources:

 

This newsletter is brought to you by the JUP DAO Core Working Group and @jup_dao 

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