Original Title: "Will the WEN Airdropped Tonight be the Hidden Wealth Code before JUP?"
Author: Azuma, Odaily Star Daily
On January 25th, Jupiter co-founder meow announced on X platform that they will be testing and releasing the meme token WEN on their latest LFG Launchpad platform.
70% of the total supply of WEN will be airdropped to millions of Solana wallet addresses. The airdrop application will open at 10:00 AM EST on January 26th (11:00 PM Beijing time tonight) and will continue until January 29th.
Although the token name of WEN was announced for the first time, in fact, Jupiter had made multiple previews of the issuance of this meme token before, but just did not disclose the specific name.
As early as January 15th, when meow announced that JUP would be launched on January 31st TGE, it was mentioned that two test coin issuance experiments would be conducted before JUP, the first token being mockJUP and the other being a certain meme token. Meow also emphasized that the second token would be a true "meme coin".
Last week, Jupiter officially completed the testing release of mockJUP. Users who are eligible for JUP airdrops can receive mockJUP airdrops within a short time window (now closed). Although Meow has always emphasized that mockJUP is worthless, the test token still surged to a circulating market value of tens of millions of dollars under the hot emotions of the community. Most airdrop users received a decent "pig's feet rice" reward.
Earlier this week, Jupiter officially announced the upcoming beta version of the Jupiter LFG Launchpad platform, and revealed that the platform will be used for future meme token and JUP issuance.
Yesterday evening, meow's official announcement officially revealed the final name of the meme token as WEN.
WEN's meme attribute comes from the community's desire and expectation for potential airdrops.
Meow said that he has received countless questions about "Wen token" and "Wen airdrop" almost every day in the past month. In response, Meow wrote a poem in a joking tone. In the poem, Meow wrote, "Wens mean how much you crave my shit, and some people even want to dump my ass..."
Unexpectedly, Meow's poem has received widespread welcome within the community.
Therefore, meow chose to mint it as an NFT. However, since meow didn't have much knowledge about NFTs, meow entrusted the Ovols team to carry out the minting operation and split the NFT into 1 trillion pieces. Technically speaking, the WEN token is the FT split of the poetry NFT.
According to the disclosed token economic model, the total supply of WEN is 100 billion, and its distribution will include three parts:
· 70% of WEN will be airdropped and evenly distributed to over 1 million Solana wallet addresses, including Jupiter users, Ovols NFT holders, blue-chip NFT holders, Genesis Saga NFT holders, mockJUP test users, and more;
· 20% of WEN will be used to build liquidity on DLMM;
· 10% of WEN will be reserved for the treasury, of which 0.75% of WEN will be given to Jupiter DAO, 0.25% will be given to the Jupiter team;
· After the airdrop application period ends, all unclaimed WEN will be destroyed.
Meow emphasizes that WEN is a token launched by the Ovols team using Jupiter's LFG Launchpad. Besides hosting the project on the LFG Launchpad platform and receiving a total of 1% of WEN from the treasury share, Jupiter has no relationship with the project.
At 23:00 tonight, the WEN airdrop will officially open for application and will continue until 3:00 on January 29th UTC time (11:00 Beijing time). As all eligible addresses will receive an equal share of the airdrop reward, this means that everyone will receive the same amount of 643652 WEN tokens.
Considering that the previous mockJUP test airdrop has provided fairly decent value feedback to many users, WEN, as a token with more emphasis during the meow preheating, is also worth looking forward to its performance at tonight's opening.
This may be a hidden wealth password belonging to the Jupiter community before the official JUP airdrop.
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