Use JUP to triple stack rewards — bonus tokens + MET points + Kamino points!
Meteora’s 10% LP Stimulus Program is kicking off! Do you own some JUP tokens after the token launch? Come participate as a DLMM liquidity provider (LP)! By adding JUP liquidity on Meteora through Kamino Finance or directly on Meteora, you can earn MET points and other bonus incentives (~$300k worth). Here’s a guide to get you started.
TLDR; what you can potentially earn by being a JUP LP:
- On Kamino Vaults: Triple stack to get the most rewards!
- Token incentives
- MET points
- Kamino points
2. On Meteora DLMM bonus pools: Token incentives + MET points
3. On other Meteora pools: MET points
1. Triple stack rewards with DLMM-powered Kamino Vaults
If you are a new LP that doesn’t want to actively manage your liquidity positions, you can participate in the DLMM JUP farms via Kamino to stack points.
Since Kamino Finance have integrated selected DLMM pools to their vaults and have their own points system, when you deposit JUP liquidity in their vaults for selected pairs, it is possible for you to earn bonus token rewards, MET points, AND Kamino points — what we call triple stacking! View all of Kamino’s JUP vaults with this link here.
Kamino Vaults for Triple-Stacked Rewards!
JitoSOL / JUP
- Incentives: 5K JTO / week. 4 weeks, ends Feb 28
- MET points: 2x, ends Feb 28
- Kamino points through Kamino Vault
Kamino: https://app.kamino.finance/liquidity/4dPX2rrJgSEeB7sLrM9SdTE9PWzfeMe8Ky5YCfqQCwMD
Meteora pool: https://app.meteora.ag/dlmm/2QrWsSWrGvoAqkDC5XSGqjS752RWLaopqAaGrbugSxBL
bSOL / JUP
- Incentives: 4M BLZE / week. 4 weeks, ends Feb 28
- MET points: 2x, ends Feb 28
- Kamino points through Kamino Vault
Kamino: https://app.kamino.finance/liquidity/HBuYwvq67VKnLyKxPzDjzskyRMk7ps39gwHdvaPGwdmQ
Meteora pool: https://app.meteora.ag/dlmm/6cDtJkcJKFEsGDhptmgvy3XtbwyRqnW3GoGcmnwVzJ7U
BONK / JUP
- Incentives: 852M BONK / week.
- Initially 4 weeks, ends Feb 28 -> New end date: ~March 4
- MET points: 2x, ends Feb 28 -> New end date: ~March 4
- Kamino points through Kamino Vault
Kamino: https://app.kamino.finance/liquidity/HS4VSMsJDuJTmKfZkXsM9JNwp4pK1LVTc7GLmiu5jNBT
Meteora pool: https://app.meteora.ag/dlmm/BrMYU1XWCqMAtBURD8yp3d9gni3uHxomoj5JG9LWr7Mj
CHONKY / JUP
- Incentives: 241M CHONKY / week. 4 weeks, ends Feb 28
- MET points: 1.5x, ends Feb 28
- Kamino points through Kamino Vault
Kamino: https://app.kamino.finance/liquidity/954b3GZGCuzZouUCh7fn8AybjyWKRXN95vF742NJYnPz
Meteora pool: https://app.meteora.ag/dlmm/AdURuZu6DJ8gGwHvp3zaE6AyvcVaP1uAGF9MQUN4SwqZ
GECKO / JUP — (Rewards and bonus points ended Feb 14)
- Incentives: 30M GECKO / week. 2 weeks, ends Feb 14
- MET points: 1.5x, ends Feb 14
- Kamino points through Kamino Vault
Kamino: https://app.kamino.finance/liquidity/BFWhp6e88s2DHeGxeyxYVagwTEmjaXkUSHnGzGCCGxJK
Meteora pool: https://app.meteora.ag/dlmm/4qSKPwsoVra36azX3xnjqMRU1XixGPS8s4QG6HzLAHgk
USEDCAR / JUP — (Rewards and bonus points ended Feb 14)
- Incentives: 168K USEDCAR / week. 2 weeks, ends Feb 14
- MET points: 1.5x, ends Feb 14
- Kamino points through Kamino Vault
Kamino: https://app.kamino.finance/liquidity/3hE7PZ6Lq7NCof5uJeVDLtxUfJa21Btda5GtV4oXfbe5
Meteora pool: https://app.meteora.ag/dlmm/FomE9Ghozgo9Am1o7NrkBzK32WFnJ9467wViBYbTKTR
ARAB / JUP — (Rewards and bonus points ended Feb 14)
- Incentives: 415K ARAB / week. 2 weeks, ends Feb 14
- MET points: 1.5x, ends Feb 14
- Kamino points through Kamino Vault
Kamino: https://app.kamino.finance/liquidity/HBZRKiRX88gpoBgZxNtnWHk5bPcbCM3ociEPWNS131cK
Meteora pool: https://app.meteora.ag/dlmm/ASDU6QtKhi1vEAT29nhD74dkRS6ziUeqZ1wqAJjMGeVB
Note:
After the end dates for the token rewards and bonus points for the JUP farms above, you can still continue depositing to the DLMM-powered Kamino vaults to collect standard MET points + Kamino points.
Other Kamino Vaults (MET points + Kamino points only)
WEN / JUP
Kamino: https://app.kamino.finance/liquidity/8CsQpQrgmN68wxNRw1G9uejmAWYpAjCg9XBpr2KE7ESV
Meteora pool: https://app.meteora.ag/dlmm/FNZsxG8QrUb5er8NR2fHuLo9nkQqKzxLf6p96R6fggZH
WEN / SOL
Kamino: https://app.kamino.finance/liquidity/71rmGfXzmPWyrLJCiJPcvBptyBBGKwEw3WiyAn18v3ai
Meteora pool: https://app.meteora.ag/dlmm/A6u8tWDtSNuEyZSZufoP9TGQvuEREKnpGcNP7xUsYMKq
JUP / USDH
Kamino: https://app.kamino.finance/liquidity/3fQ7gbgci4Cpa683UcGUVCxch33ip4qXnJkxAuixTBrY
Meteora pool: https://app.meteora.ag/dlmm/CVgKqXuBvUCUXj9qZ3Hko37TX6QGj4pqBeTjSCTfLyjq
Using Kamino vaults vs using DLMM directly
For DLMM pools, LPs need to actively manage and rebalance their positions when they go out of range in order to earn fees consistently. Kamino makes the process simpler for LPs by automating ranges, auto-compounding fees, as well as rebalancing the position on their behalf. However, you would be giving up control and flexibility when it comes to managing your position and determining your strategy.
If you are an advanced LP who knows how to use DLMM effectively, you may be able to earn more fees on your own compared to adding liquidity on Kamino. And fees earn more MET points than simple TVL on Meteora!
So if you want an easy and passive way to be an LP and triple stack rewards (token rewards + MET points + Kamino points), use Kamino. If you want to have full control over your strategy to optimize fees for MET points (and fees get much more points than TVL!), use Meteora DLMM directly👇
2. JUP Bonus Pools on Meteora
For more flexibility and control to optimize for higher fees, you can directly add liquidity to JUP bonus pools on Meteora’s DLMM. Recap how to effectively use DLMM here.
The full list of JUP-paired DLMM pools can be found using this link or you can simply click the “JUP Bonus Pools” button when you’re on the DLMM page. When you add liquidity to these selected DLMM pools directly on Meteora, you earn bonus token incentives and up to 2x MET points, but no Kamino points.
JitoSOL / JUP
https://app.meteora.ag/dlmm/2QrWsSWrGvoAqkDC5XSGqjS752RWLaopqAaGrbugSxBL
bSOL / JUP
https://app.meteora.ag/dlmm/6cDtJkcJKFEsGDhptmgvy3XtbwyRqnW3GoGcmnwVzJ7U
BONK / JUP
https://app.meteora.ag/dlmm/BrMYU1XWCqMAtBURD8yp3d9gni3uHxomoj5JG9LWr7Mj
CHONKY / JUP
https://app.meteora.ag/dlmm/AdURuZu6DJ8gGwHvp3zaE6AyvcVaP1uAGF9MQUN4SwqZ
GECKO / JUP
https://app.meteora.ag/dlmm/4qSKPwsoVra36azX3xnjqMRU1XixGPS8s4QG6HzLAHgk
USEDCAR / JUP
https://app.meteora.ag/dlmm/FomE9Ghozgo9Am1o7NrkBzK32WFnJ9467wViBYbTKTR
ARAB / JUP
https://app.meteora.ag/dlmm/ASDU6QtKhi1vEAT29nhD74dkRS6ziUeqZ1wqAJjMGeVB
3. Other JUP pools on Meteora
By default, when you provide any liquidity directly on Meteora on the DLMM, Dynamic, or Multi-token pools, you would be able to collect MET points based on the scoring system detailed here.
All liquidity earns points at the following rates:
- 1 pt per $1 of TVL per day
- 1000 pts per $1 of fees earned per day
Multiplier points: 1.3x multiplier for OG’s before Dec 1st at launch. 1.25x multiplier for everyone else at launch. This reduces to 1.20x in March, 1.1x in April.
For a start, you can check out these pools on Meteora:
- JUP / USDC (Bin step: 125, Fee tier: 0.25%): https://app.meteora.ag/dlmm/6N1nUDCC9gkbRaA2X2G2feuoZJk3KWFpGzHgqvSMAusq
- JUP / SOL (Bin step: 125, Fee tier: 0.25%): https://app.meteora.ag/dlmm/9DFwVTwFYYvQFmr9iSV6tQ5TW2CgXU82pgAU7B4Cd6LF
You can view other JUP pools using this link here.
Although some JUP-paired DLMM pools don’t provide any bonus token incentives, they are still eligible for MET points, which would translate to MET tokens later on during our MET liquidity event.
Note: When you add liquidity in Meteora pools or Kamino vaults, there are no lock-ups and you can withdraw your liquidity at any time.
Swap for required tokens anytime using Jupiter
If you don’t already hold the required tokens for the pool, you can swap for the tokens you need by using Jupiter Terminal. You can find the Jupiter Terminal icon at the bottom left corner of the Meteora site. As a rough guide, you can prepare an equal balance of both tokens in the pair for the pool.
That’s it! Happy stacking rewards with JUP!
If you have any questions, join our Meteora discord.
