Pumpfun announces that 50% of its revenue will be used to buy back and burn PUMP tokens
Pumpfun announced an adjustment to its token economic model, allocating 50% of net income for the repurchase of PUMP tokens and immediately burning them all, replacing the previous practice of using 100% of income for repurchase but retaining it in the treasury. The community had previously criticized that the repurchase failed to effectively support the token price. The 50% repurchase allocation covers the net income from Bonding Curve, PumpSwap, and Terminal products, while the remaining 50% will be used for operations, recruitment, and strategic investments.
Pumpfun also disclosed that previous repurchases had destroyed approximately 36% of the circulating supply of PUMP, and the price of PUMP briefly rose after the announcement. Co-founder Alon stated that this move aims to establish a sustainable token value support mechanism.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Trader kimchi Removes Pump.fun from Bio, May Have Received 1.35 Billion PUMP Tokens

Approximately $5.9 Million PUMP Exits Circulation After Launch of Pump.fun Custom Pairs

Pump.fun Updates Callout Rewards Algorithm, Introduces Follower Profit and Loss Metrics

Pump.fun Adjusts Reward Algorithm to Reduce Incentives for Low-Quality Recommendations

Pump.fun Adjusts Callout Rewards Mechanism, Weakens Trading Volume Assessment

Pump.fun Adjusts 'Signal' Reward Mechanism, Emphasizing Quality Over Quantity

OpenAI Publishes Proof Refuting Erdős's Conjecture

「Money Printer」 PUMP.FUN Establishes Investment Arm, Can $3 Million Keep a Good Project?

The Most Profitable App in the Crypto World Starts to Decline

Ethereum Foundation backs default wallet privacy as Kohaku work advances

Manus quietly released its 2.0 declaration

Justin Sun Prize Partners With MathDB, Led by Caltech Professor Tony Yue Yu, on 50-Problem Pilot

CFTC advances voluntary crypto exchange registration as Congress stalls

Crypto: Over 10,000 Claims Against Restrictions by British Banks

AI agents are launching memecoins. MemeToro’s agent answers to open code

Crypto: The Tokenization of RWA Concerns American Conservatives

Pump.fun 'optimized for addiction': what the internal messages cited in court really say

Anthony Pompliano: The State Will Never Stop Printing Money! Bitcoin, Gold, and Land Will Benefit for 20 Years

Blocked Stablecoin: Your Private Key Is Not Enough

Cryptocurrencies Seek to Integrate into Finance

Introducing the Best Meme Coins on the Ripple Network: A Review of 5 Popular XRPL Tokens

Bitcoin's next Fed test comes with a hidden problem in America's inflation data

The crypto market loses altitude, patience becomes a habit – Steady Lads

Stablecoin Payments in Europe: How Do CASP, PI, and EMI Fit Together?

Why 22 Trillion-Dollar Giants Refuse to be 'Tokenized'?

Rayls Bridges Traditional Finance and Decentralized Finance

Is 24/7 Trading a Necessity? Analyzing the Real Trading Rhythm of RWA Perpetual Contracts

Cyberattack on GMO in Japan: Trading Accounts Compromised, GMO Coin Claims to be Unaffected

Elon Musk's Grand Scheme to Undermine New Cloud Providers









