Pump.fun Co-founder: Creator fee mechanism reform may lead to fee decisions being determined by traders

PUMP-0,36%

Odaily Planet Daily reports that Pump.fun co-founder alon posted on the X platform stating that its Creator Fees mechanism will undergo significant changes. While the current mechanism is effective for project tokens with a clear team, it excessively incentivizes low-risk token creation rather than high-risk trading, and also suffers from lack of practicality and poor user experience. Therefore, the platform will implement market-based reforms, allowing traders in the future to decide whether a narrative is worth having a creator fee and how these fees should be used. Successful tokens are more likely to appear in an environment that incentivizes traders to participate in the market, provide liquidity, generate trading volume, and bear risks. More information about development content and the future of the PUMP token will be announced later.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)