Pump.fun adds Diamond reward algorithm to increase the reward weight for high market cap tokens and perpetual contracts

The co-founder of the meme token issuance platform Pump.fun, Alon, stated that the platform has adjusted the Callout Rewards program, adding an experimental reward algorithm called Diamond, aimed at incentivizing users to recommend high market cap tokens and attract perpetual contract and non-Solana chain ecosystem users.

Diamond will provide reward multipliers for Callouts (token recommendations) of high market cap tokens and increase rewards for asset categories such as perpetual contracts, EVM, and other non-Solana chain tokens. The original algorithm will continue to operate and will be renamed Degen, with both algorithms to be further adjusted in the future.