Pump.fun Introduces Revenue Sharing Model for Coin Creators
Pump.fun, a Solana token issuance platform, is introducing a revenue-sharing model that allows coin creators to earn from trading fees. Key points include:
- 50% of PumpSwap revenue will be shared with creators, providing a payout of 0.05% of all trading volume on their coin.
- This applies to new tokens, those on the bonding curve, and existing coins in the PumpSwap trading pool.
- For every $10 million in trading volume, creators earn $5,000 in SOL, available for immediate withdrawal via the Pump.fun dashboard.
- The initiative aims to change developer incentives and support community building by offering steady income linked to trading activity.
- This move counters previous profit models that led to pump-and-dump schemes and market instability.
- Pump.fun has gained traction since its late 2023 launch, issuing thousands of tokens daily and achieving significant market caps for certain coins.
Founder Alon Cohen emphasized the importance of sustainable growth within the crypto community.