The crypto community’s anticipation for the launch of the WEN token has been met with confirmation as Solana decentralized finance (DeFi) aggregator, Jupiter, prepares to introduce the meme coin on Friday. This announcement precedes next week’s much-awaited JUP airdrop. The long-awaited details surrounding the WEN token launch have been unveiled, shedding light on its origins and distribution.
Pseudonymous founder of Jupiter, Meow, took to Twitter to share insights and even crafted a poetic “Love Letter to Wen Bros,” which was subsequently minted as an NFT using the Wen New Standard (WNS). This NFT has been fractionalized into a whopping 1 trillion WEN tokens, with 70% slated for distribution among over a million eligible Solana wallets.
Eligible recipients include active Jupiter users from the past six months, Solana Saga smartphone holders, and NFT holders from Ovols and various top NFT collections. However, precise eligibility criteria are yet to be confirmed.
The WEN Foundation, spearheaded by the Ovols NFT community, aims to support Solana’s development and promote its unique capabilities. This airdrop serves as a precursor to Jupiter’s forthcoming JUP token drop, anticipated for January 31. Nearly a million wallets are poised to receive the JUP tokens, following recent high-profile Solana airdrops such as those from Jito and Pyth.