TL;DR: Quick Guide to Farming Jupiter Airdrop on Solana

1. Connect Your Wallet: Visit jup.ag and connect your Solana wallet (Phantom Wallet, Solflare, Backpack recommended).
2. Utilize the Swap Feature: Choose tokens to swap, benefit from the best exchange rates, click "Swap," and confirm the transaction.
3. Place a Limit Order: Go to "Limit Order," select cryptocurrencies to sell and buy, set your price, optionally choose an expiry date, and place your order.
4. Set Up DCA on Jupiter: In the "DCA" section, specify tokens for DCA purchase, set the buying interval and duration, and finalize in your wallet.
5. Trade on the Perps Market: Access the "Perpetual" page, choose a market (SOL-PERPS, ETH-PERPS, WBTC-PERPS), select "Long" or "Short," decide on leverage, and confirm your trade.

The Jupiter Airdrop: What's the Big Deal?

Jupiter plans to distribute over 4 billion JUP tokens to its community through a series of airdrops.

The first phase is just around the corner, with three more to follow. The distribution will be based on users' positions in a ranking according to their "adjusted volume". Rewards will be distributed in four different tiers, allocating varying amounts of tokens to users based on their activity level and adjusted score.

How to Be Eligible for the Jupiter Airdrop: A Step-by-Step Guide

Before we get into the nitty-gritty, make sure you have a Solana wallet to interact with the Jupiter protocol. Some of the most reputable Solana wallets include Phantom Wallet, Solflare, and Backpack.

Step 1: Connect Your Wallet to Jupiter

Visit the Jupiter protocol here : jup.ag and click on "Connect Wallet", and select your wallet.

Increasing your interaction with Jupiter's services can enhance your chances of benefiting from the airdrop. Here's a detailed guide to using each available service:

Step 2: Utilizing the Swap Feature

The swap service is a straightforward yet essential tool on Jupiter. Start by selecting the "Swap" tab. You'll be presented with a variety of tokens to choose from for your exchange.

Jupiter's unique feature is its ability to direct you to the platform offering the most favorable exchange rate. Once you've made your selection, simply click "Swap" and confirm the transaction in your wallet.

Step 3: Placing a Limit Order

The "Limit Order" service allows for more strategic trading. Access this feature by clicking on the "Limit Order" tab. Here’s the process:

• Choose the cryptocurrency you want to sell under "You’re Selling" and the one you wish to buy under "You’re Buying."
• Input the amount for your order.
• Set your desired selling price in the "Sell [token name] at rate" field.
• Optionally, select an expiration date in the "Expiry" section.
• Conclude by clicking "Place Limit Order," and your order will be active.

Step 4: Setting Up DCA on Jupiter

Jupiter also offers the option to create your own decentralized DCA. Navigate to the "DCA" section and set it up by specifying:

• The token you're allocating for the DCA purchase.
• The token you wish to acquire through your DCA.
• The buying interval and the duration for which your DCA will remain active.
• For example, if you want to DCA Solana using USDC, enter “USDC” in “I want to allocate” and “SOL” in “To Buy.” Complete the setup and finalize it on your digital wallet.

Step 5: Trading on the Perps Market

Finally, explore Jupiter’s perpetual market, currently in beta. This service allows you to bet on the rise (Long) or fall (Short) of various cryptocurrencies, including perpetual contracts with leverage options up to x100. Begin by visiting the "Perpetual" page, where you’ll find a detailed trading chart and order placement section. Currently available markets include SOL-PERPS, ETH-PERPS, and WBTC-PERPS. Choose your market, select "Long" or "Short," and specify:

• The token and amount for your perps investment.
• The degree of leverage, keeping in mind the risks of high leverage. Confirm your transaction to complete the process.

By engaging with these services, you're not just participating in the Jupiter ecosystem; you're also maximizing your chances for the airdrop and enhancing your trading experience.

Important Points to Remember About the Jupiter Airdrop

Remember, the airdrop will likely be based on the trading volumes of users. Also, hunting for an airdrop is a marathon, not a sprint. Don't try to do everything on the first day. Instead, take a few minutes each day to repeat the actions.

Final Thoughts: The Jupiter Airdrop and You

There you have it, airdrop farmoor! A comprehensive guide to farming the Jupiter airdrop on the Solana blockchain. Remember, in the world of crypto, knowledge is power. So stay informed, stay safe, and may your crypto journey be as exciting as a rocket ride to Jupiter!