Jupiter Exchange has officially launched its "Decentralized Token Formation" (DTF) platform, debuting with the initial coin offering (ICO) of HumidiFi (WET). The HumidiFi project, positioned as a liquidity DEX within the Solana ecosystem, is the first ICO on Jupiter. The token sale is scheduled for December 3, with a fully diluted valuation (FDV) adjusted to $50 million. The allocation includes 4% for users and 2% for stakers, prioritizing community distribution over venture capital. [Update 1] Co-Founder Identity Revelation Jupiter co-founder Meow (@weremeow) has formally revealed that he, along with @temporal_xyz and @kevinxpang, are the creators and operators of Humidifi. This revelation directly connects the project to the core Jupiter team. Meow stated that Humidifi has been operating in the background of the Solana ecosystem, claiming it accounts for over $120 billion in volume and approximately 50% of all spot volume on Solana.