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      Pump.fun Introduces Holder Rewards and Discontinues Cashback Model

      Pump.fun, a platform for launching meme coins on the Solana blockchain, has announced significant updates to its operational model. The platform will now offer holder rewards, allowing users to earn rewards simply by holding tokens. This initiative encourages community engagement, with incentives increasing for those who hold their tokens for longer periods.

      In a shift away from its previous cashback model, Pump.fun now provides creators with the option to implement either creator fees or holder reward tokens for new launches. Existing tokens can transition to this new model through an irreversible application process, which must be submitted by either the project team or the community. The review of these applications will be based on objective criteria that benefit both the token and its community.

      Additionally, the platform has established fixed fee rates for custom trading pairs, ranging from 0.01% to 3%. The SOL/USDC trading pair will continue to utilize a market cap tiered fee rate. Fees collected will be directed to the Pump.fun distribution wallet, which will distribute rewards multiple times per hour based on the proportion of tokens held, with a minimum holding value of $20 required for participation. Rewards will be distributed in the quoted tokens, maintaining uniform protocol fees across all types.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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