The launchpad mechanism of Jupiter sparks controversy within the crypto community.
This week, the Solana-based decentralized exchange Jupiter distributed JUP tokens valued at $700 million to early adopters through an airdrop. Following the distribution of hundreds of millions of dollars’ worth of JUP tokens to early Jupiter users, the project, renowned for its DEX aggregator, faces accusations of exploiting the hype to profit. The controversy revolves…