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)show more

Pump.fun

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