Follow UsPump.fun has been using all its revenue to burn its token. Now it’s changing course
Neutral+54.62%
29 Apr, 08:55
Source: CoinDesk
AI Summary
Pump.fun shifts revenue allocation from 100% token burns to a 50/50 split between buybacks and operations, marking a strategic policy change for the Solana memecoin launchpad.
The Solana memecoin launchpad will now split revenue evenly between buybacks and operations, replacing a nine-month policy that funneled every dollar into burning PUMP.