Today we’re introducing 2 HUGE changes to the pump fun mechanism (in beta)
1) Coin creation is FREE
2) Coin creators receive 0.5 $SOL (~$80) when their coin completes its bonding curve
How does it work?
1) Instead of the creator having to pay ~$2 for coin creation, this cost is now paid by the first buyer of the coin
*This unlocks the use case of someone creating a coin without buying any of its supply*
Why would they do that?
2) They receive 0.5 SOL (~$80) if the coin completes its bonding curve.
- This gets paid out from the pump fun migration fee (now only 1.5 SOL)
- it is paid regardless of whether the coin dev has ever held the coin or still holding the coin
- The reward also gives an incentive for all devs to get their coin to 100%
Final notes:
- when the coin is created, it’s not put onchain until someone buys it. That’s why sometimes, there may be a difference between the time it launched on the pump fun interface and when it launched on mainnet (what you will see on solscan, for instance)
Source: Pumpfun
We are going to be testing this out soon, Follow to
Get notified when we try it out
👏👏
