Scan to download
BTC $79,089.95 -2.76%
ETH $2,221.38 -3.16%
BNB $673.37 -0.89%
XRP $1.43 -4.63%
SOL $89.22 -3.65%
TRX $0.3516 -0.90%
DOGE $0.1129 -2.65%
ADA $0.2606 -4.36%
BCH $424.60 -2.99%
LINK $10.02 -5.38%
HYPE $44.50 +1.39%
AAVE $92.67 -7.10%
SUI $1.09 -8.71%
XLM $0.1544 -6.37%
ZEC $517.54 -3.79%
BTC $79,089.95 -2.76%
ETH $2,221.38 -3.16%
BNB $673.37 -0.89%
XRP $1.43 -4.63%
SOL $89.22 -3.65%
TRX $0.3516 -0.90%
DOGE $0.1129 -2.65%
ADA $0.2606 -4.36%
BCH $424.60 -2.99%
LINK $10.02 -5.38%
HYPE $44.50 +1.39%
AAVE $92.67 -7.10%
SUI $1.09 -8.71%
XLM $0.1544 -6.37%
ZEC $517.54 -3.79%
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.