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