Pump.fun, the leading memecoin launchpad on Solana, has announced the introduction of a new revenue sharing model for token creators.
Updated Revenue Model for Token Creators
Pump.fun now shares 50% of its protocol fees directly with project founders. This change is aimed at supporting developers within the Solana memecoin ecosystem.
Launch of PumpSwap and Its Goals
Alongside this new model, PumpSwap, a native decentralized exchange (DEX) created by Pump.fun, has been launched to consolidate liquidity and trading within its ecosystem.
Potential of the New Revenue Sharing Model
According to CoinMarketCap data, the update introduces a 0.05% revenue cut in SOL for token creators per transaction. In April, Pump.fun recorded over $11.2 billion in trading volume, which under the new model could have generated over $5.6 million in creator rewards.
The introduction of the new revenue sharing model and the launch of PumpSwap demonstrate Pump.fun's commitment to improving conditions for memecoin creators and fostering sustainable development within their ecosystem.
