ADVANTAGES OF THE JUPITER TOKEN
Owning the Jupiter token (JUP) offers numerous advantages within the Solana ecosystem. First of all, JUP holders enjoy a key role in the governance of the protocol. This means having a say in important decisions, such as the introduction of new features, changes to fees, or resource allocation, actively contributing to the future development of Jupiter.
Secondly, owning JUP can provide access to economic benefits. While details may vary over time, it is common for protocols to distribute a portion of the generated fees or offer staking incentives to holders of their native tokens. This can translate into passive returns or discounts on transactions within the platform.
Finally, JUP is intrinsically linked to the growth and success of Jupiter, one of the leading DEX aggregators on Solana. As Jupiter expands its market share and improves its services, the value and utility of the JUP token could increase, offering potential capital appreciation for its holders.
Currently worth 0.45 dollars.