Solana Token Issue Platform Pump. Fun deploys a new income sharing model that allows creators of coins to win a reduction in negotiation costs – a decision to reclaim the developers’ incentives and support community strengthening in the longer term.
Pump said late Monday that 50% of Pumpswap revenues will now be shared directly with the creators, winning 5 base points (0.05%) of all trading volumes on their room.
The functionality applies to newly created tokens, to the pieces always on the platform’s liaison curve and even those which are already “graduates” with the Pumpswap trading pool.
This means that for each volume of $ 10 million, creators earn $ 5,000 on ground – an immediate payment on the chain which can be claimed at any time via the dashboard of the Pump creator.
“Our objective 1 is to develop the trenches.
The functionality moves the way in which the creator’s incentives are managed through the same ecosystem. Until now, most of the coins’ developers, especially in the low barrier Solana memecoin ecosystem, had only one real way to take advantage: buy their own room at launch prices and sell at the request for retail.
But this has led to pumping and boost behavior, fears of community carpets and millions of low -ended token launched which may have siphoned hundreds of millions of investors and trades (dynamics of the market in extreme evolution by past years).
By giving developers a recurring source of income based on commercial activity, the platform hopes to promote more diverse types of projects, such as utility tokens, creative experiences and even media or communities based on live flows.
“Because room developers can only benefit from their medal by selling and because they are the first buyers at the lowest price, the incentives are there to sell them on everyone,” said Cohen. “Doxxed developers who try something new are no longer really one thing because it is instantly supposed that they are malicious.”
“It is simply not productive or sustainable,” he said.
Pump has become one of the greatest successes of success in crypto applications since its launch of the end of 2023, with tens of thousands of tokens issued daily and pieces such as Dogwifhat (WIF) zooming in billions of dollars in market capitalization.
