BTC $63,925.06 -0.65%
ETH $1,901.28 -0.76%
BNB $572.28 +0.21%
XRP $1.07 -1.13%
SOL $73.55 -0.54%
TRX $0.3264 +0.30%
DOGE $0.0698 -1.28%
ADA $0.1626 -1.07%
BCH $210.24 -1.67%
LINK $8.27 -1.70%
HYPE $53.72 -3.14%
AAVE $95.57 -2.90%
SUI $0.6853 -0.24%
XLM $0.1714 -1.33%
ZEC $473.70 +1.36%
BTC $63,925.06 -0.65%
ETH $1,901.28 -0.76%
BNB $572.28 +0.21%
XRP $1.07 -1.13%
SOL $73.55 -0.54%
TRX $0.3264 +0.30%
DOGE $0.0698 -1.28%
ADA $0.1626 -1.07%
BCH $210.24 -1.67%
LINK $8.27 -1.70%
HYPE $53.72 -3.14%
AAVE $95.57 -2.90%
SUI $0.6853 -0.24%
XLM $0.1714 -1.33%
ZEC $473.70 +1.36%
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.