Solana’s Pump.fun Hands Memecoin Creators 50% Fee Split, Chaos and Sarcasm Ensue!

Pump.fun, the high-spirited bazaar of Solana’s memecoin fancies—a veritable burlesque of speculative deities—has twitched its fine velvet curtain to unveil a most intriguing act: a 50% revenue-sharing bonanza for its token-crafting conjurors. Like a carnival barker with gilded pockets, Pump.fun beckons, “Step right up and collect a slice of the swirling fee pie!”

New Revenue Share Model

On the 12th of May—a date destined for memecoindom’s future textbook footnotes—Pump.fun proclaimed a revolution in fiscal seduction. The new regime: bestow upon developers a modest yet persistent fee (0.05%, paid in that golden Solana nectar, SOL) for every fluttering token transaction upon the bustling next-door PumpSwap DEX. With April 2025 sporting a bodacious $11.2 billion in volume, even decimal dust adds up. Who knew memes could be so… liquid?

A Shift in Creator Incentives

Until yesterday, most rascals running the Pump.fun presses preferred their lump sums upfront, dumping tokens faster than a magician’s rabbit vanishes—a scene oft followed by the delightful sound of rug-pulls and the melodrama of “But he said he loved the community!” Notorious: a 13-year-old prodigy (or perhaps future villain in a Nabokovian sequel) who managed two rug pulls before bedtime. Such is the price of democratized creativity.

But now, with passive income blowing sweet nothings into developers’ wallets, the incentive is—at least in theory—to linger, nurture, and meme responsibly. A steady drizzle of SOL, rather than one grand deluge. Might this next crop of creators swap their parachutes for patience? Will meme markets, at last, find a vestige of stability, or is that asking calculus from a goldfish? 😏

Revenue Distribution Mechanics

PumpSwap, with its near-Kafkaesque fee structure (a ballet in three parts: 0.2% to liquidity-providers, 0.05% to protocol, now redirected, like tribute in a Russian novel, to the creators themselves), adjusts its total swap fee to 0.3%. Each nascent or still-wiggling token, or those already swimming freely in the PumpSwap pond, bestows earnings in the crystalline form of SOL—redeemable faster than you can say “where did my coins go?”

To be in the revenue-sharing club, your coin must be either freshly minted, still nestled in the cozy arms of the bonding curve, or enjoying its coming-of-age on PumpSwap. Collect your SOL at your Pump.fun profile, and do try to spend it all in one place—it’s what Tolstoy would have wanted. 🪙🚀

Community Pushback and Concerns

As with all great utopias, the reaction was not entirely a standing ovation. The theater of X (née Twitter) exploded with critique—perhaps the only thing in crypto more reliable than rug pulls. Some see this as gold-paving a road for bad actors; for underwhelming creators to passively leech off the trading toils of their erstwhile “communities.” 🎭

Grandeur from the crypto Hamlet, 0xRiver—

“I think this is a horrible move. 99% of coins are legit CTO coins. People don’t want the dev, and now we are giving the dev money that he rugged. This is super bad.”

If Nabokov had chronicled this saga, perhaps he would have admired its paradoxes: rewarding both artistry and opportunism, leaving us to wonder who’s the butterfly and who’s the pin. In the world of memecoins, beauty, folly, and irony are all for sale—fees included. 💸

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2025-05-13 19:32