ASR stands for Active Staking Rewards. Every quarter, 50m JUP from the community allocation is set aside for this program. ASR was previously designed to reward stakers who actively participated in DAO governance by voting on proposals.
However, for the remainder of 2025 following the DAO pause, quarterly ASR will be allocated to all stakers, irrespective of their past voting activity.
Read more about ASR here: https://www.jupresear.ch/t/asr-active-staking-rewards-notes/12032