The PumpFun platform has announced a new system aimed at supporting communities of existing projects by allowing fee redistribution.
New Fee Redistribution System
The system is called Creator Fees for Community Takeovers (CTO). It enables communities to redirect creator fees to new leaders who are continuing the development of the project.
Goals and Benefits of the Feature
The primary goal of the system is to enhance the lifespan of projects that might otherwise fade away without active leadership. This solution also provides communities with greater control over their development.
How Fee Redistribution Works
Eligible communities can select new leaders and redirect existing fees, allowing them to adapt and survive in a competitive market.
The launch of the Creator Fees for Community Takeovers system reflects PumpFun's commitment to supporting decentralized communities and helps preserve projects on the platform.
