Pump.Fun Eyes Trading Incentives to Challenge LetsBONK.Fun
The post Pump.Fun Eyes Trading Incentives to Challenge LetsBONK.Fun appeared on BitcoinEthereumNews.com. Solana-based token launch platform Pump.fun is preparing to roll out a trading volume rewards system as it looks to revive user engagement and claw back market share from rising competitor LetsBONK. According to a July 26 thread from crypto research collective Dumpster DAO, Pump.fun has updated its Software Development Kit (SDK). Pump.fun Reportedly Considers 1 Billion Daily Token Rewards The changes suggest the platform is actively testing a system that rewards users with its native PUMP token based on trading activity. The revised SDK includes functionality for tracking user volume and dynamically allocating rewards. Developers have also introduced a new admin setting that lets the platform adjust daily reward amounts. The current structure uses a 30-day Solana (SOL) volume window to calculate payouts. However, Dumpster DAO notes that this framework could evolve as Pump.fun fine-tunes its strategy. Meanwhile, updates to the bonding curve program’s Interface Definition Language (IDL) also hint that activity through bonding curves may be included in the rewards system. Notably, early test versions referenced a distribution of 1 billion PUMP tokens per day, which amounts to 3% of the 1 trillion token supply each month. Pump.Fun’s Incentive Program Tokens. Source: Dumpster DAO However, Dumpster DAO cautioned that this figure is likely a placeholder and not financially sustainable. “The number of tokens up for grab in this incentives program is not yet clear. In an even more recent SDK version, we see 1 billion PUMP tokens per day. However, this is just a test file, and distributing 3% of the supply as rewards in just one month seems high,” the firm stated. Following the revelations, the price of PUMP spiked by 5% in under an hour, reaching $0.002875, according to BeInCrypto data. The rally offered a brief reprieve after the token had plunged more than 47% from its…
The post Pump.Fun Eyes Trading Incentives to Challenge LetsBONK.Fun appeared on BitcoinEthereumNews.com.
Solana-based token launch platform Pump.fun is preparing to roll out a trading volume rewards system as it looks to revive user engagement and claw back market share from rising competitor LetsBONK. According to a July 26 thread from crypto research collective Dumpster DAO, Pump.fun has updated its Software Development Kit (SDK). Pump.fun Reportedly Considers 1 Billion Daily Token Rewards The changes suggest the platform is actively testing a system that rewards users with its native PUMP token based on trading activity. The revised SDK includes functionality for tracking user volume and dynamically allocating rewards. Developers have also introduced a new admin setting that lets the platform adjust daily reward amounts. The current structure uses a 30-day Solana (SOL) volume window to calculate payouts. However, Dumpster DAO notes that this framework could evolve as Pump.fun fine-tunes its strategy. Meanwhile, updates to the bonding curve program’s Interface Definition Language (IDL) also hint that activity through bonding curves may be included in the rewards system. Notably, early test versions referenced a distribution of 1 billion PUMP tokens per day, which amounts to 3% of the 1 trillion token supply each month. Pump.Fun’s Incentive Program Tokens. Source: Dumpster DAO However, Dumpster DAO cautioned that this figure is likely a placeholder and not financially sustainable. “The number of tokens up for grab in this incentives program is not yet clear. In an even more recent SDK version, we see 1 billion PUMP tokens per day. However, this is just a test file, and distributing 3% of the supply as rewards in just one month seems high,” the firm stated. Following the revelations, the price of PUMP spiked by 5% in under an hour, reaching $0.002875, according to BeInCrypto data. The rally offered a brief reprieve after the token had plunged more than 47% from its…
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