An Important Note On The ASR Experiment:
First off, ASR is a completely new concept in the world, so I’m extremely delighted to have the chance to figure it out alongside everyone.
The purpose of ASR is to create an extremely vibrant and virtuous cycle where committed Jupiter voters gain increasing amounts of voting power early on - the earlier you are in the process, ideally the more you will benefit.
Much like how Jupuaries is not meant to drive growth but rather focused on recruiting users to become part of the Jupiverse, ASRs are not meant to get people to lock their tokens but instead focused on growing a committed pool of voters to make key decisions together. Much like how we do not market jupuaries in our product in anyway, we do not publicize the likely ASR returns as well.
The JUP portion of the first 2 rounds of ASR are funded by the LFG Launchpad fees from the JUP launch. Moving forward, it will need to be a vote to approve the release of JUP from the community allocation to continue. I personally think it is
Lastly, since the goal of ASR is to facilitate a constant rolling of staking and voting, all claims will automatically be staked and added to your staked JUP. This new staked JUP will come perfectly on time for a number of crucial new votes coming in a couple of weeks, including the token supply reduction.
I personally believe that the ASR experiment has been a great success so far, and have gone a really long way in helping us become the one of the widely participated community and most active DAO in crypto.
This release marks both the conclusion of the first quarter of ASR. How well the community and ecosystem responds to it will be crucial to how the experiment will continue, and I, for one, certainly can’t wait.
Thanks for doing this together,
❤️🐱