Pump.fun Revamps Creator Fees With Fee Sharing and New Controls
Summary
Pump.fun co-founder Alon Cohen announced an overhaul of the platform's creator fee system, stating that the existing Dynamic Fees V1 model encouraged low-risk token creation at the expense of high-risk trading, which is crucial for liquidity and volume.
While the initial system boosted activity, it led to structural weaknesses where fees incentivized minting tokens rather than building liquid markets. The first phase of changes introduces creator fee sharing, allowing creators and Community Takeover (CTO) administrators to allocate fee percentages to up to 10 wallets post-launch. Furthermore, teams gain the ability to transfer coin ownership and revoke update authority.
Cohen emphasized that the Pump.fun team will not accept any fees. Pump.fun remains the dominant Solana memecoin launchpad, known for its near-frictionless token creation and standardized route to liquidity.
(Source:Cointelegraph)