Jupiter has No Value as it is a Governance Token? (Patreon)
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Hi Team, a common question I've been peppered with all day is the fact that Jupiter is a governance token. Let me just try and address this real quick and again my goals are not your goals.
First of all, hundreds of tokens are also Governance Tokens.
eg
Uniswap
Maker (MKR)
Compound (COMP)
Aave (AAVE)
Curve (CRV)
Yearn.Finance (YFI)
SushiSwap (SUSHI)
0x (ZRX)
ICP
ENS
Dash
even games like Decentraland (MANA)
Second of all, I am in JUP as an analog to Uniswap (Governance Token Above) feeling it is relatively undervalued
Third, I use it all the time - which will give me rewards. My allocation is small right now - 1/3rd the size of my NOSANA position. I will add more in layers if it drops.
Fourth, they are going to do so much more like I covered today such as LaunchPads etc
Fifth, we get more airdrops
Sixth - upside akin to the analogs of AAVE, UNI etc
Seventh, Staking rewards
Again - i have 5% in SOLALTs - and when this bull run gets started things will go gangbusters.
PS I was criticized and ridiculed heavily for being way too conservative with my price predictions today but here they are again as a reminder.
DYOR :D
I will buy more JUP in layers if it falls... targets set - 51c is next level