The DTF zone of the Jupiter platform is about to launch its first IDO project - Humidifi, a dark pool protocol in the Solana ecosystem. The timeline is tight: IDO subscription starts on January 3rd, and the token will officially circulate on the 5th.

The token distribution plan is quite interesting, with a total of 1 billion coins, and this time 10% is being released. Among them, 6% is allocated to whitelist users of the project and early supporters from the community, while another 2% is airdropped to JUP's staking users (which can be seen as a way to give back to old users), and the remaining 2% will go through the public sale channel. The valuation for the first two rounds (that is, the 8% share) is set at a $50 million FDV, while the public sale round directly ramps it up to $69 million.

As the largest dark pool trading project on the Solana chain, this valuation level...