Of the initial circulating supply of 1.35 billion, 1 billion coins are for airdrops, 50 million each for loans to market makers on centralized exchanges and liquidity pool needs, and 250 million for a launch pool. Airdrop refers to crypto projects distributing free new or existing tokens en masse to their communities to boost adoption.
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- Source: https://www.coindesk.com/markets/2024/01/31/solana-dex-jupiters-jup-token-to-debut-with-135b-circulating-supply/?utm_medium=referral&utm_source=rss&utm_campaign=headlines