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Pumpfun Adjusts Tokenomics: 50% of Net Revenue to Buy Back and Burn PUMP Today

GateNews
Price VolatilityProject ProgressToken Events
PUMP-2.24%
According to ChainCatcher, Pumpfun announced today that it will allocate 50% of net revenue to buy back and immediately burn PUMP tokens, replacing its previous strategy of using 100% of revenue for buybacks while retaining tokens in the treasury. The new allocation covers net revenue from Bonding Curve, PumpSwap, and Terminal products. The remaining 50% will support operations, hiring, and strategic investments. Pumpfun also disclosed that prior buyback efforts have already burned approximately 36% of PUMP's circulating supply. Following the announcement, PUMP price rose briefly.
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