Pump.fun Shifts Token Burn Strategy, Now Allocating Half of Revenue to Operations
Pump.fun, a prominent Solana-based token issuance launchpad, has been operating under a unique model where all revenue generated was used to buy back and burn its native token, PUMP. This approach, aimed at reducing the token's supply and boosting its value, has been in place for nine months. However, following a review, the company has decided to alter its strategy, adopting a 50/50 revenue spli…
April 29, 2026, 8:55 a.m.