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pump.fun: Two test updates will be made: free token creation and token creator incentives

CointimeCointime2024/08/09 06:13
By:Cointime

Pump.fun has announced two major changes to its platform mechanism (test version) on X platform:Free creation of tokens;When the token completes its Bonding curve release, the token creator will receive an incentive of 0.5 SOL (about $80).The specific process is:The token creator no longer needs to pay about $2 for creating the token, instead it will be paid by the first buyer of the token. (Note: This unlocks the use case of someone creating a token but not buying any tokens)If the token completes its Bonding curve process, they will receive 0.5 SOL ($80). This fee will be paid from the pump.fun migration fee (currently only 1.5 SOL); it will be paid regardless of whether the token developer has ever held or still holds the token; and the reward also incentivizes all developers to increase their token distribution share to 100%.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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