Pump.fun, a leading memecoin platform on the Solana blockchain, has announced a new rewards model for token creators, allocating 50% of trading fees.
New Revenue Model of Pump.fun
Previously, creators on Pump.fun could only earn from selling their tokens, leading to quick sales and fraudulent schemes. Now, creators will earn 0.05% of every trade in SOL, making their involvement more rewarding.
Simplifying the Reward Claiming Process
Pump.fun has streamlined the process for creators to claim their earnings. All revenue can be claimed instantly on the platform, fostering transparency and trust among token creators and users.
Competition in the Memecoin Market
With increasing competition, Pump.fun aims to remain at the forefront by implementing new measures to protect against fraud and support token creators. This also helps strengthen the memecoin community and reduce instances of scams.
The new program from Pump.fun aims to assist token creators in achieving sustainable success by rewarding them for their participation and support of their projects.
