Scan to download
BTC $75,689.31 -2.01%
ETH $2,245.75 -3.42%
BNB $615.96 -1.82%
XRP $1.37 -2.18%
SOL $82.67 -2.61%
TRX $0.3242 +0.58%
DOGE $0.1057 +3.62%
ADA $0.2458 -1.40%
BCH $443.62 -2.27%
LINK $9.08 -3.03%
HYPE $39.51 -2.92%
AAVE $92.60 -5.30%
SUI $0.9036 -3.20%
XLM $0.1593 -2.36%
ZEC $331.54 -2.19%
BTC $75,689.31 -2.01%
ETH $2,245.75 -3.42%
BNB $615.96 -1.82%
XRP $1.37 -2.18%
SOL $82.67 -2.61%
TRX $0.3242 +0.58%
DOGE $0.1057 +3.62%
ADA $0.2458 -1.40%
BCH $443.62 -2.27%
LINK $9.08 -3.03%
HYPE $39.51 -2.92%
AAVE $92.60 -5.30%
SUI $0.9036 -3.20%
XLM $0.1593 -2.36%
ZEC $331.54 -2.19%
first_img

Pumpfun announces that 50% of its revenue will be used to buy back and burn PUMP tokens

2026-04-30 10:37:53
Collection

Pumpfun announced an adjustment to its token economic model, allocating 50% of net income for the repurchase of PUMP tokens and immediately burning them all, replacing the previous practice of using 100% of income for repurchase but retaining it in the treasury. The community had previously criticized that the repurchase failed to effectively support the token price. The 50% repurchase allocation covers the net income from Bonding Curve, PumpSwap, and Terminal products, while the remaining 50% will be used for operations, recruitment, and strategic investments.

Pumpfun also disclosed that previous repurchases had destroyed approximately 36% of the circulating supply of PUMP, and the price of PUMP briefly rose after the announcement. Co-founder Alon stated that this move aims to establish a sustainable token value support mechanism.

app_icon
ChainCatcher Building the Web3 world with innovations.