Listen, an interesting topic has surfaced in the world of Solana and memcoins. PumpSwap is a decentralized exchange linked to the platform Pump.fun, where people create and trade memcoins. So, they decided to introduce income distribution among the creators of these tokens. It seems like a good idea.: you create a token, it is traded — you receive a portion of the income from each transaction.
Specifically: 0.05% of each transaction in SOL goes back to the creator of the token. Considering that the trading volume on the platform in April 2025 amounted to $11.2 billion, this could mean payments of about $5.6 million to all creators — a good motivation, right?
But there is a caveat. This idea has attracted a lot of criticism. People are afraid that this will simply open the door to all kinds of "shitcoins" and scammers. Imagine: you launch a token, people trade it, and you get a commission — even if the project is completely abandoned. Moreover, the community now has less incentive to take over the management of abandoned projects (in the crypto world this is called CTO — community takeover), because the income still goes to the original creator.
Here's a trader named 0xRiver who said in plain text: "This is terrible. 99% of the coins are garbage. Developers will just get paid for nothing."
Pump.fun itself is quite interesting: the platform allows you to create a token for just a couple of dollars (or even for free, if the promotion is underway), select a picture, a ticker, and off you go. The price of the token increases with demand, and as soon as it becomes large enough (capitalization from $69k to $90k), it is transferred to DEX — just the same PumpSwap. They launched their own DEX in March to make this transition easier, commission-free and with improved liquidity.
All this looks like a step towards a more professional infrastructure for memcoins. But... if the creators receive a commission simply for the fact that the token exists and someone is speculating on it, won't this create an avalanche of useless and potentially harmful tokens?
Do you think this is a step towards decentralized justice, or just a convenient way for scam developers to cut the commission from the air?