We are testing a new approach for Defi 2.0 projects to launch with fully transparent on-chain market making & no shenanigans. On-chain launches are quite a different beast with a ton of coordination needed between infrastructure partners, and education of new concepts for users (slippage, gas, network congestions, price curves). Jupiter is pushing it to the limit with more than 1 million users & bots claiming & trading at the same time — join us in the pioneering mess & pave the way for future projects to launch on-chain!

We are using a custom single-sided Meteora DLMM pool as a novel mechanism to bootstrap early liquidity. It has a low inital price for rapid price discovery and to attract immediate USDC liquidity for paper paws to dump. It also provides early backstop liquidity that the team cannot withdraw. 100% transparent and on chain, no drama. Learn more here.

You can use limit orders to specify the price and size you wish to buy JUP at, or use DCA to swap into JUP over a period of time. Demand will be very high at the start and you might not get your orders filled if you select a very competitive price. See the next question for some tips.

In times of network congestion, such as airdrop claims, you can try increasing your priority fees. You can change your settings on the bottom footer. You might also need to loosen your price targets and slippage tolerance to get your trades through. Bear in mind that your slippage setting and max/min price settings are there to protect you, so it has to be within your tolerance.

MockJUP is used to simulate the real $JUP token during JUP launch. You can claim MockJUP just like your airdrop, or buy it when trading begins with the MockUSDC that you get from the faucet. MockJUP can be traded on this page, using Swap, DCA or Limit Orders. You can also provide liquidity for it on AMMs such as Meteora.

Cats are chads. To learn more about Jupiter's Strategy, Thesis and Ethos, we will hand you over to the catcast linked below.