JUP Risk

JUPITER (JUP)
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DESCRIPTION

Jupiter (JUP) is the native utility token of the Jupiter platform, a cutting-edge swap aggregation engine and liquidity infrastructure provider for the Solana ecosystem. As a fundamental component of the Jupiter network, the JUP token plays a pivotal role in facilitating various activities within the platform's decentralized finance (DeFi) ecosystem. Holders of JUP tokens enjoy a range of benefits, including access to premium features, participation in governance mechanisms, and incentives for providing liquidity. Additionally, JUP tokens serve as a means of payment for transaction fees and are integral to the platform's overall economic model.In the Jupiter ecosystem, JUP tokens serve as the primary medium of exchange, powering a wide array of DeFi functionalities such as swap transactions, limit orders, and decentralized trading. Through the use of JUP tokens, users can seamlessly navigate the platform's services while enjoying reduced fees and enhanced liquidity. Furthermore, JUP holders actively contribute to the governance of the platform, participating in decision-making processes and shaping the future development of Jupiter's protocol and features. This democratic approach ensures that the Jupiter community has a voice in the evolution of the ecosystem.

Jupiter (JUP) Whitepaper: https://station.jup.ag/blog/green-paper
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RISKS OF JUP

Investing in cryptocurrency and digital assets, such as Jupiter (JUP), carries inherent risks, including but not limited to: (i) Volatility risk and liquidity risk(ii) Regulatory risk(iii) Security risk(iv) Market risk(v) Smart contract risk(vi) Governance risk(vii) Technological riskFor additional information on risks associated with cryptocurrency and digital assets, you may refer to the Satstreet Inc Services Risk Statement. Please note that these risks and the associated summaries or overviews provided for each herein are not intended to be a complete overview of all such risks, and there may be other risks associated with exposure to JUP. We encourage all users to perform their own due diligence to assess the risks associated with JUP and to determine whether this level of risk is acceptable to them. Neither JUP nor Satstreet guarantees the value of JUP, and holders of JUP will not have any recourse to JUP or Satstreet if the value of JUP declines for any reason whatsoever.
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SATSTREET EVALUATION OF JUP

Satstreet Inc. has reviewed and assessed JUP prior to making it available through our services and has concluded that JUP is not a security or derivative under Canadian securities legislation; however, there is a risk that this conclusion could change in the future and that, in such event, Satstreet will be required to halt, suspend, and then remove JUP from its platform as described in the Satstreet Inc. Services Risk Statement.Further, as indicated above, no Canadian securities regulatory authority has expressed an opinion about JUP, including an opinion that JUP is not itself a security and/or derivative. Based on publicly available information Satstreet has reviewed JUP, including, but not limited to, a review of the following: The creation, governance, usage, and design of JUP, including the source code, security, and roadmap for growth in the developer community and, if applicable, the background of the developer(s) that created JUP. The supply, demand, maturity, utility, and liquidity of JUP. Material technical risks associated with JUP, including any code defects, security breaches and other threats concerning JUP and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them. Legal and regulatory risks associated with JUP, including (i) any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of JUP, and (ii) statements made by any securities regulatory authorities in Canada, other regulators in IOSCO-member jurisdictions, or the regulator with the most significant connection to JUP about whether JUP, or generally about whether the type of crypto asset, is a security and/or derivative.

Last Updated: Apr 2024

Risk Statements

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