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Pump.fun is selling coins again! It is expected to distribute profits to PUMP Token holders.
The Solana Meme Launcher Pump.fun plans to launch the PUMP token and rumored that it will distribute a portion of the protocol proceeds to token holders and creators. (Summary: Pump.fun plans to issue tokens to raise 1 billion magnesium, and the valuation will reach 4 billion magnesium into a crypto unicorn? (Background supplement: Pump.fun The founder accidentally showed his face on the live broadcast, and the related meme was "removed") Solana meme coin issuance platform Pump.fun is preparing to issue its native token PUMP, and it is now rumored that it will distribute part of the protocol proceeds to PUMP token holders. According to The Block, citing people familiar with the matter, this plan will run parallel to the creator distribution mechanism to encourage users and creators who have participated in the platform for a long time. It is reported that Pump.fun plans to raise $1 billion in an initial coin offering (ICO) at a valuation of up to $4 billion. Dual-track distribution mechanism In terms of revenue distribution, the Pump.fun transfer plan is to distribute 50% of the revenue of its decentralized exchange PumpSwap protocol to PUMP token holders in the form of automated SOL payments, thereby increasing community investment participation. As early as mid-May, Pump.fun implemented a mechanism to allocate 50% of PumpSwap's total revenue (i.e. 0.05% of each transaction volume) to token creators to incentivize creators and reduce the risk of "pulling up and selling". A "buyback-driven utility structure" linked to Pump.fun total revenue may be implemented for PUMP tokens, but the exact proportion is unknown. These two revenue distribution models will coexist. PUMP token issuance and platform performance Regarding the PUMP token offering, the news pointed out that the team plans to go through a public sale and a private placement, the private placement price may be $0.004 per token, the public sale is expected to account for about 25% of the total supply, and another 10% will be used for airdrops, and the total supply of tokens is capped at 1 trillion. The public sale could take place in about two weeks and could be listed on exchanges such as Binance. In terms of revenue, The Block data shows that Pump.fun has accumulated about $677 million in revenue since its launch in early 2024; Daily earnings peaked at more than $7 million on Jan. 23 and recently stood at about $1 million. At the same time, the proportion of tokens on the platform that successfully "graduated" to DEX increased from a recent low of less than 1% to more than 4%, likely boosted by token issuance expectations. Related reports OpenSea launches new platform "OS2": provides NFT+ cryptocurrency trading, $SEA coin issuance countdown MetaMask founder Dan Finley "talks about the future of wallets": Will it issue coins? AI Agent, Revenue Sustainability 〈Pump.fun Dump Currency Profit! It is expected that the proceeds will be distributed to PUMP token holders" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".