Pump.fun Launches Fee Share, PumpSwap for Solana Creators
The post Pump.fun Launches Fee Share, PumpSwap for Solana Creators appeared on BitcoinEthereumNews.com. Pump.fun, Solana memecoin launchpad, now shares 50% of protocol fees with token creators New model offers sustainable income for Solana meme coin developers via trading volume on PumpSwap Pump.fun also launches PumpSwap DEX, aiming for ecosystem independence, better creator behavior Pump.fun, the dominant memecoin launchpad on Solana, has rolled out a game-changing revenue-sharing model aimed at helping token creators within the Solana memecoin ecosystem. The platform now shares 50% of its protocol fees directly with project founders. This significant shift coincides with the launch of PumpSwap, a native decentralized exchange (DEX) designed by Pump.fun to consolidate liquidity and trading within its own ecosystem. According to CoinMarketCap data contextualizing the potential, the update introduces a 0.05% revenue cut in SOL for token creators on every transaction involving their token. With Pump.fun recording over $11.2 billion in trading volume in April alone, this model could have generated over $5.6 million in creator rewards under the new system for that month. Significantly, the update marks a transition, moving away from creators primarily profit-taking through token dumping, towards a more sustainable income stream based on ongoing trading activity of their meme coins. New Model Aims for Meme Token Sustainability and Better Creator Behavior Traditionally, creators on memecoin platforms often profited by selling large portions of their tokens shortly after launch. This often sparked community mistrust and led to the perception of many projects as potential rug pulls. Now, with Pump.fun offering automatic earnings from transaction volume, developers have a clear long-term incentive to grow and support their communities. Besides encouraging better creator behavior, the model may inspire more serious and innovative meme projects. By earning passive income through transaction fees, developers may feel less pressure to exit early. Moreover, creators can now monetize engagement instead of market manipulation, potentially leading to stronger token longevity.…
The post Pump.fun Launches Fee Share, PumpSwap for Solana Creators appeared on BitcoinEthereumNews.com.
Pump.fun, Solana memecoin launchpad, now shares 50% of protocol fees with token creators New model offers sustainable income for Solana meme coin developers via trading volume on PumpSwap Pump.fun also launches PumpSwap DEX, aiming for ecosystem independence, better creator behavior Pump.fun, the dominant memecoin launchpad on Solana, has rolled out a game-changing revenue-sharing model aimed at helping token creators within the Solana memecoin ecosystem. The platform now shares 50% of its protocol fees directly with project founders. This significant shift coincides with the launch of PumpSwap, a native decentralized exchange (DEX) designed by Pump.fun to consolidate liquidity and trading within its own ecosystem. According to CoinMarketCap data contextualizing the potential, the update introduces a 0.05% revenue cut in SOL for token creators on every transaction involving their token. With Pump.fun recording over $11.2 billion in trading volume in April alone, this model could have generated over $5.6 million in creator rewards under the new system for that month. Significantly, the update marks a transition, moving away from creators primarily profit-taking through token dumping, towards a more sustainable income stream based on ongoing trading activity of their meme coins. New Model Aims for Meme Token Sustainability and Better Creator Behavior Traditionally, creators on memecoin platforms often profited by selling large portions of their tokens shortly after launch. This often sparked community mistrust and led to the perception of many projects as potential rug pulls. Now, with Pump.fun offering automatic earnings from transaction volume, developers have a clear long-term incentive to grow and support their communities. Besides encouraging better creator behavior, the model may inspire more serious and innovative meme projects. By earning passive income through transaction fees, developers may feel less pressure to exit early. Moreover, creators can now monetize engagement instead of market manipulation, potentially leading to stronger token longevity.…
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