What is JUP?

_{What is Jupiter (JUP)?}

Jupiter is more than a typical DEX aggregator, aiming to be a key infrastructure in the DeFi ecosystem.
On Solana, in addition to consolidating liquidity from various DEXes, Jupiter offers a number of other interesting features, such as:

• Limit Orders: Users can set a limit order.
  Unlike most DEX aggregators, it only supports market-based trading orders.
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• Yield Aggregator: Jupiter plans to integrate a yield aggregator function into the platform
  So that users can increase their returns on holding digital assets.
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• NFT Marketplace: Jupiter plans to launch NFT trading marketplace in the future

_{Blockchain nativo:}

Solana is a blockchain network with speed and low fees.
This makes Solana ideal for building DeFi applications that require a large number of transactions.

_{Protokola Konsensus:}

PoH is Solana's key innovation that allows transaction confirmation to be fast.
Without waiting for confirmation from other blocks, while PoS keeps the network secure and decentralized

_{Trilemma (Security, Speed, Scalability):}

Seguridad: Solana uses PoH and PoS together to create a highly secure system
In addition, Solana has other mechanisms, such as Tower BFT, that enhance the security of the network.

snelheid: Solana can support up to 65,000 TPS transactions, which is considered faster than other blockchain networks.

Scalabilità: Solana is designed to handle high transaction volumes without compromising performance.
Enabling Jupiter to sustainably support user growth and trading volume

_{Founder/Date Founded:}

Founded by a team of developers with experience in the blockchain and DeFi industry, Jupiter launched in 2021.

_{Objective/Use Case:}

DEX Aggregation:Jupiter gathers liquidity from multiple DEXs on Solana
In order for users to get the best price on the exchange

Limit Orders:Jupiter supports price limit orders, a feature that is rarely found in other DEX aggregators.

Yield Aggregation:Jupiter plans to add yield aggregator function
So that users can increase their returns on holding digital assets.

NFT Marketplace:Jupiter plans to launch NFT trading marketplace in the future

_{Total supply/Limit or Unlimited:}

The total supply of JUP is limited to 10,000,000,000 JUP

_{Supply Deflation:}

Jupiter has a Staking and Burn mechanism to reduce the amount of JUP circulating in the system.
Staking reduces the amount of JUP circulating in the system and rewards those who stake.
Burn is the permanent destruction of some JUP in order to reduce the supply and increase the value of the remaining JUP.

_{Data Source:}

https://coinmarketcap.com/currencies/jupiter-ag/

https://jup.ag/

https://station.jup.ag/

https://vote.jup.ag/

https://www.jupresear.ch/

https://x.com/weremeow/status/1764304344545894904