🖼️🖼️🔄 Pumpfun Retweeted PumpfunEco
365 days ago the biggest threat to employment hit the trenches
no employment, no education, no training. as God intended.
Happy Birthday @neet_sol! Don't forget to take the day off (and every other day for that matter) 🥳
365 days ago the biggest threat to employment hit the trenches
no employment, no education, no training. as God intended.
Happy Birthday @neet_sol! Don't forget to take the day off (and every other day for that matter) 🥳
💩2
🖼️📝 Pumpfun Tweeted
and just like that I am now an expert in federal non-profit law
and just like that I am now an expert in federal non-profit law
📝 Pumpfun Tweeted
The future of $PUMP
We have burned ALL bought back $PUMP tokens, around $370M worth of purchases (~36% of circulating supply), to gain trust with our community.
On top of that, we have initiated a programmatic buyback *and burn* scheme at 50% of revenue for the next year to instill trust, predictability, and sustainability for the underlying ecosystem - and to remove as much of the supply from circulation as possible.
$PUMP is changing; for the better of token holders, the team and the ecosystem.
Learn more about why we’ve made these decisions and where we’re headed next 👇
The future of $PUMP
We have burned ALL bought back $PUMP tokens, around $370M worth of purchases (~36% of circulating supply), to gain trust with our community.
On top of that, we have initiated a programmatic buyback *and burn* scheme at 50% of revenue for the next year to instill trust, predictability, and sustainability for the underlying ecosystem - and to remove as much of the supply from circulation as possible.
$PUMP is changing; for the better of token holders, the team and the ecosystem.
Learn more about why we’ve made these decisions and where we’re headed next 👇
❤1
🖇️ Pumpfun Replied To Pumpfun
Reflecting on pump fun’s journey so far
Pump fun was launched in January 2024 by a group of crypto natives who were tired of endless rugs & presale scams and wanted a safer, scalable system for anyone to tokenize anything in the most successful and fun way possible.
Pump fun rapidly achieved PMF, with Hundreds of Billions of Dollars in lifetime volume, >$1B revenue & some of the biggest success stories of this cycle - all of which were unprecedented achievements in our industry.
Later came the $PUMP token sale, raising $500m from the public in 12 minutes and a total of over $1B which helped to expand the ecosystem over a long term time horizon.
Now, one of our core focuses is to increase trust among the community and decrease uncertainty by burning ~$370M worth of $PUMP tokens (~36% of circulating supply) and initiating an irreversible programmatic buyback & burn scheme with 50% of revenues for the next year.
Reflecting on pump fun’s journey so far
Pump fun was launched in January 2024 by a group of crypto natives who were tired of endless rugs & presale scams and wanted a safer, scalable system for anyone to tokenize anything in the most successful and fun way possible.
Pump fun rapidly achieved PMF, with Hundreds of Billions of Dollars in lifetime volume, >$1B revenue & some of the biggest success stories of this cycle - all of which were unprecedented achievements in our industry.
Later came the $PUMP token sale, raising $500m from the public in 12 minutes and a total of over $1B which helped to expand the ecosystem over a long term time horizon.
Now, one of our core focuses is to increase trust among the community and decrease uncertainty by burning ~$370M worth of $PUMP tokens (~36% of circulating supply) and initiating an irreversible programmatic buyback & burn scheme with 50% of revenues for the next year.
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
The future of $PUMP
We have burned ALL bought back $PUMP tokens, around $370M worth of purchases (~36% of circulating supply), to gain trust with our community.
On top of that, we have initiated a programmatic buyback *and burn* scheme at 50% of revenue…
We have burned ALL bought back $PUMP tokens, around $370M worth of purchases (~36% of circulating supply), to gain trust with our community.
On top of that, we have initiated a programmatic buyback *and burn* scheme at 50% of revenue…
❤1
🖇️ Pumpfun Replied To Pumpfun
Why we burned $370M worth of $PUMP tokens
Over the past ~9 months, despite being one of the biggest revenue generating platforms in crypto and allocating 100% of revenue to buybacks, we believe there was a lack of trust - in the longevity of the business, the certainty of buybacks, and what the bought-back tokens would be used for.
Today, uncertainty is being addressed head-on by taking a community-first approach. The initial step involves burning ~$370M worth of $PUMP tokens, around ~36% of the circulating supply, as a gesture of trust for the community.
The burn occurred today at 20:52 UTC across 2 transactions. View the burn transactions here:
https://solscan.io/tx/5yc86uJeUcoJrsL8g5ZUWJ733KRvNrUThkmRiQY9vzWhpLvbi5tEDauJjp7BRs1CgdCihFF8wjjnodXfAHJyu3P2
https://solscan.io/tx/3yXmFwbvspergxtwDyQYRMWkZ8i9AEYWboiadE3j52uLrcrHN7ec8zL7rnfvLzsYFf16V7YuF6kun7f3FPoAoZaK
Why we burned $370M worth of $PUMP tokens
Over the past ~9 months, despite being one of the biggest revenue generating platforms in crypto and allocating 100% of revenue to buybacks, we believe there was a lack of trust - in the longevity of the business, the certainty of buybacks, and what the bought-back tokens would be used for.
Today, uncertainty is being addressed head-on by taking a community-first approach. The initial step involves burning ~$370M worth of $PUMP tokens, around ~36% of the circulating supply, as a gesture of trust for the community.
The burn occurred today at 20:52 UTC across 2 transactions. View the burn transactions here:
https://solscan.io/tx/5yc86uJeUcoJrsL8g5ZUWJ733KRvNrUThkmRiQY9vzWhpLvbi5tEDauJjp7BRs1CgdCihFF8wjjnodXfAHJyu3P2
https://solscan.io/tx/3yXmFwbvspergxtwDyQYRMWkZ8i9AEYWboiadE3j52uLrcrHN7ec8zL7rnfvLzsYFf16V7YuF6kun7f3FPoAoZaK
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
Reflecting on pump fun’s journey so far
Pump fun was launched in January 2024 by a group of crypto natives who were tired of endless rugs & presale scams and wanted a safer, scalable system for anyone to tokenize anything in the most successful…
Reflecting on pump fun’s journey so far
Pump fun was launched in January 2024 by a group of crypto natives who were tired of endless rugs & presale scams and wanted a safer, scalable system for anyone to tokenize anything in the most successful…
❤1
FxTwitter · solscan.io
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
Why we burned $370M worth of $PUMP tokens
Over the past ~9 months, despite being one of the biggest revenue generating platforms in crypto and allocating 100% of revenue to buybacks, we believe there was a lack of trust - in the longevity of…
Why we burned $370M worth of $PUMP tokens
Over the past ~9 months, despite being one of the biggest revenue generating platforms in crypto and allocating 100% of revenue to buybacks, we believe there was a lack of trust - in the longevity of…
🖼️🖼️🖼️🖇️ Pumpfun Replied To Pumpfun
Today, we’re excited to announce that we have also initiated a buyback scheme under our long term goal to remove and burn as much of the circulating token supply as possible.
$PUMP buybacks & burns have been programmed to occur at 50% of revenue via an irreversible locked smart contract for 1 year.
This means 50% of all net revenue from the pump fun Bonding Curve, PumpSwap & Terminal is automatically used to purchase $PUMP on the open market and immediately burn 100% of those purchases.
Buyback & burns are carried out as follows:
1. Transaction happens on the pump fun Bonding Curve, PumpSwap or Terminal
2. 50% of net fee revenue goes towards a set of intermediary wallets
3. Periodically, all intermediary wallets consolidate funds into 1 of 2 buyback & burn wallets
4. The buyback & burn wallets carry out ongoing buyback & burns
Example transactions (random txn, not affiliated with pump fun):
1 & 2: https://solscan.io/tx/54ZKMX74e1D3Ek6gb9VTtUvmu4LCuM81d7b4LwZrGa9ozXcLtSyYXr6KT5cfS9qWn7rUvD7pje9Dbp3nKRd3kxz7
3: https://solscan.io/tx/2dxpwjPSJEADSkn2RCKGFvQbt9gZyVViQMbPTf4Ybtf2evySgvQ135zebYS97q4nmqJmnmcdfs1Fqrd6UZ2fyh1p
4 (buy): https://solscan.io/tx/4MD8thT9XYaViCJbWGtfUdggMLpaKcDBHHnmkY7Kq8f4ZuwVPUtT7e95tAnNTZs874gCwPt4tgbgm1Fowz4uSjDg
4 (burn): https://solscan.io/tx/3yHqeWtVk1YPxsycQvXExSronWeASUYatRZPc9PVVoRELcdGo5db6j4TMKPuPD9oxXriP9jjBNzAjbRaoB2dYVNZ
Track ongoing buybacks & burns at http://fees.pump.fun.Pump.fun (@Pumpfun)
Why we burned $370M worth of $PUMP tokens
Over the past ~9 months, despite being one of the biggest revenue generating platforms in crypto and allocating 100% of revenue to buybacks, we believe there was a lack of trust - in the longevity of the business, the certainty of buybacks, and what the bought-back tokens would be used for.
Today, uncertainty is being addressed head-on by taking a community-first approach. The initial step involves burning ~$370M worth of $PUMP tokens, around ~36% of the circulating supply, as a gesture of trust for the community.
The burn occurred today at 20:52 UTC across 2 transactions. View the burn transactions here:
solscan.io/tx/5yc86uJeUco…
solscan.io/tx/3yXmFwbvspe…
Today, we’re excited to announce that we have also initiated a buyback scheme under our long term goal to remove and burn as much of the circulating token supply as possible.
$PUMP buybacks & burns have been programmed to occur at 50% of revenue via an irreversible locked smart contract for 1 year.
This means 50% of all net revenue from the pump fun Bonding Curve, PumpSwap & Terminal is automatically used to purchase $PUMP on the open market and immediately burn 100% of those purchases.
Buyback & burns are carried out as follows:
1. Transaction happens on the pump fun Bonding Curve, PumpSwap or Terminal
2. 50% of net fee revenue goes towards a set of intermediary wallets
3. Periodically, all intermediary wallets consolidate funds into 1 of 2 buyback & burn wallets
4. The buyback & burn wallets carry out ongoing buyback & burns
Example transactions (random txn, not affiliated with pump fun):
1 & 2: https://solscan.io/tx/54ZKMX74e1D3Ek6gb9VTtUvmu4LCuM81d7b4LwZrGa9ozXcLtSyYXr6KT5cfS9qWn7rUvD7pje9Dbp3nKRd3kxz7
3: https://solscan.io/tx/2dxpwjPSJEADSkn2RCKGFvQbt9gZyVViQMbPTf4Ybtf2evySgvQ135zebYS97q4nmqJmnmcdfs1Fqrd6UZ2fyh1p
4 (buy): https://solscan.io/tx/4MD8thT9XYaViCJbWGtfUdggMLpaKcDBHHnmkY7Kq8f4ZuwVPUtT7e95tAnNTZs874gCwPt4tgbgm1Fowz4uSjDg
4 (burn): https://solscan.io/tx/3yHqeWtVk1YPxsycQvXExSronWeASUYatRZPc9PVVoRELcdGo5db6j4TMKPuPD9oxXriP9jjBNzAjbRaoB2dYVNZ
Track ongoing buybacks & burns at http://fees.pump.fun.Pump.fun (@Pumpfun)
Why we burned $370M worth of $PUMP tokens
Over the past ~9 months, despite being one of the biggest revenue generating platforms in crypto and allocating 100% of revenue to buybacks, we believe there was a lack of trust - in the longevity of the business, the certainty of buybacks, and what the bought-back tokens would be used for.
Today, uncertainty is being addressed head-on by taking a community-first approach. The initial step involves burning ~$370M worth of $PUMP tokens, around ~36% of the circulating supply, as a gesture of trust for the community.
The burn occurred today at 20:52 UTC across 2 transactions. View the burn transactions here:
solscan.io/tx/5yc86uJeUco…
solscan.io/tx/3yXmFwbvspe…
❤1
🖇️ Pumpfun Replied To Pumpfun
Why 50% buybacks?
Consistent buybacks & burns are the most effective way to remove as much of the circulating $PUMP supply as possible. After being one of the only crypto projects allocating 100% of revenue to buybacks over the past ~9 months and now burning all of those tokens, 50% of future revenue has been dedicated to programmatic buybacks & burns.
The remaining 50% of revenue will be used to build a sustainable business with less reliance on our existing treasury. If we forgo retaining a portion of revenues for operations and growth, we run the risk of our treasury being throttled by burn rather than being used for high impact strategic investments, such as impactful acquisitions & new product ventures.
Additionally, retained revenues will supplement ongoing initiatives which focus on injecting capital into the pump fun ecosystem. We’ll be able to more aggressively hire to build elite product teams, take bigger bets, and push marketing campaigns across our product suite to build an incredibly successful ecosystem
The goal is for pump fun to live on for decades.
Why 50% buybacks?
Consistent buybacks & burns are the most effective way to remove as much of the circulating $PUMP supply as possible. After being one of the only crypto projects allocating 100% of revenue to buybacks over the past ~9 months and now burning all of those tokens, 50% of future revenue has been dedicated to programmatic buybacks & burns.
The remaining 50% of revenue will be used to build a sustainable business with less reliance on our existing treasury. If we forgo retaining a portion of revenues for operations and growth, we run the risk of our treasury being throttled by burn rather than being used for high impact strategic investments, such as impactful acquisitions & new product ventures.
Additionally, retained revenues will supplement ongoing initiatives which focus on injecting capital into the pump fun ecosystem. We’ll be able to more aggressively hire to build elite product teams, take bigger bets, and push marketing campaigns across our product suite to build an incredibly successful ecosystem
The goal is for pump fun to live on for decades.
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
Today, we’re excited to announce that we have also initiated a buyback scheme under our long term goal to remove and burn as much of the circulating token supply as possible.
$PUMP buybacks & burns have been programmed to occur at 50% of revenue…
Today, we’re excited to announce that we have also initiated a buyback scheme under our long term goal to remove and burn as much of the circulating token supply as possible.
$PUMP buybacks & burns have been programmed to occur at 50% of revenue…
❤1
🖇️ Pumpfun Replied To Pumpfun
Why 1 year?
The 1 year programmatic buyback and burn scheme was designed specifically with transparency & the community in mind.
Too short of a timeframe means the community may feel uncertain about future programmatic buyback structures, and too long of a timeframe means the underlying ecosystem may suffer as a result of less agility.
We look forward to communicating our plans and platform developments over the next year – with full focus on the trust of the community & ecosystem. We’re incredibly excited for what the next year brings and the years that follow.
Why 1 year?
The 1 year programmatic buyback and burn scheme was designed specifically with transparency & the community in mind.
Too short of a timeframe means the community may feel uncertain about future programmatic buyback structures, and too long of a timeframe means the underlying ecosystem may suffer as a result of less agility.
We look forward to communicating our plans and platform developments over the next year – with full focus on the trust of the community & ecosystem. We’re incredibly excited for what the next year brings and the years that follow.
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
Why 50% buybacks?
Consistent buybacks & burns are the most effective way to remove as much of the circulating $PUMP supply as possible. After being one of the only crypto projects allocating 100% of revenue to buybacks over the past ~9 months…
Why 50% buybacks?
Consistent buybacks & burns are the most effective way to remove as much of the circulating $PUMP supply as possible. After being one of the only crypto projects allocating 100% of revenue to buybacks over the past ~9 months…
❤1
💬 a1lon9 Quoted Pumpfun
today is a turning point for $PUMP and pump fun
I want to give more context on the bigger picture and where we're actually going.
over the past ~9 months, 100% of revenue went into buybacks. basically no other platform in crypto has done that at this scale.
however, we received ongoing feedback specifically on the feeling of a lack of trust - in the certainty of buybacks, in what would happen to the bought-back tokens, even in whether the business itself would be here in a year.
today, we’re changing that.
it started with burning ~$370M worth of $PUMP purchases. ~36% of the circulating supply removed from circulation, forever.
but that isn’t enough. we’ve also allocated 50% of our next year of revenue to programmatic buybacks & burns. no more uncertainty for those who believe in us & those we’re proud to call our community.
but why not 100%? the short answer is the business simply needs the other 50% to grow.
a large treasury gives us the flexibility to make big bets over the next 5-10 years, and 50% of ongoing revenue enables us to build better products, infrastructure & reinvest into the ecosystem. I am extremely confident that 50% of the business we're building toward will dwarf 100% of the business we have today.
today is a turning point for $PUMP and pump fun
I want to give more context on the bigger picture and where we're actually going.
over the past ~9 months, 100% of revenue went into buybacks. basically no other platform in crypto has done that at this scale.
however, we received ongoing feedback specifically on the feeling of a lack of trust - in the certainty of buybacks, in what would happen to the bought-back tokens, even in whether the business itself would be here in a year.
today, we’re changing that.
it started with burning ~$370M worth of $PUMP purchases. ~36% of the circulating supply removed from circulation, forever.
but that isn’t enough. we’ve also allocated 50% of our next year of revenue to programmatic buybacks & burns. no more uncertainty for those who believe in us & those we’re proud to call our community.
but why not 100%? the short answer is the business simply needs the other 50% to grow.
a large treasury gives us the flexibility to make big bets over the next 5-10 years, and 50% of ongoing revenue enables us to build better products, infrastructure & reinvest into the ecosystem. I am extremely confident that 50% of the business we're building toward will dwarf 100% of the business we have today.
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
The future of $PUMP
We have burned ALL bought back $PUMP tokens, around $370M worth of purchases (~36% of circulating supply), to gain trust with our community.
On top of that, we have initiated a programmatic buyback *and burn* scheme at 50% of revenue…
We have burned ALL bought back $PUMP tokens, around $370M worth of purchases (~36% of circulating supply), to gain trust with our community.
On top of that, we have initiated a programmatic buyback *and burn* scheme at 50% of revenue…
❤1
🔄 Pumpfun Retweeted a1lon9
today is a turning point for $PUMP and pump fun
I want to give more context on the bigger picture and where we're actually going.
over the past ~9 months, 100% of revenue went into buybacks. basically no other platform in crypto has done that at this scale.
however, we received ongoing feedback specifically on the feeling of a lack of trust - in the certainty of buybacks, in what would happen to the bought-back tokens, even in whether the business itself would be here in a year.
today, we’re changing that.
it started with burning ~$370M worth of $PUMP purchases. ~36% of the circulating supply removed from circulation, forever.
but that isn’t enough. we’ve also allocated 50% of our next year of revenue to programmatic buybacks & burns. no more uncertainty for those who believe in us & those we’re proud to call our community.
but why not 100%? the short answer is the business simply needs the other 50% to grow.
a large treasury gives us the flexibility to make big bets over the next 5-10 years, and 50% of ongoing revenue enables us to build better products, infrastructure & reinvest into the ecosystem. I am extremely confident that 50% of the business we're building toward will dwarf 100% of the business we have today.
today is a turning point for $PUMP and pump fun
I want to give more context on the bigger picture and where we're actually going.
over the past ~9 months, 100% of revenue went into buybacks. basically no other platform in crypto has done that at this scale.
however, we received ongoing feedback specifically on the feeling of a lack of trust - in the certainty of buybacks, in what would happen to the bought-back tokens, even in whether the business itself would be here in a year.
today, we’re changing that.
it started with burning ~$370M worth of $PUMP purchases. ~36% of the circulating supply removed from circulation, forever.
but that isn’t enough. we’ve also allocated 50% of our next year of revenue to programmatic buybacks & burns. no more uncertainty for those who believe in us & those we’re proud to call our community.
but why not 100%? the short answer is the business simply needs the other 50% to grow.
a large treasury gives us the flexibility to make big bets over the next 5-10 years, and 50% of ongoing revenue enables us to build better products, infrastructure & reinvest into the ecosystem. I am extremely confident that 50% of the business we're building toward will dwarf 100% of the business we have today.
❤1
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
Read more:
https://x.com/a1lon9/status/2049233387328565548?s=46
Quoting alon (@a1lon9)
today is a turning point for $PUMP and pump fun
I want to give more context on the bigger picture and where we're actually going.
over the past ~9 months…
Read more:
https://x.com/a1lon9/status/2049233387328565548?s=46
Quoting alon (@a1lon9)
today is a turning point for $PUMP and pump fun
I want to give more context on the bigger picture and where we're actually going.
over the past ~9 months…
🖼️🖇️ Pumpfun Replied To Pumpfun
pic.x.com/JzjAE7YO38Pump.fun (@Pumpfun)
Read more:
x.com/a1lon9/status/…
pic.x.com/JzjAE7YO38Pump.fun (@Pumpfun)
Read more:
x.com/a1lon9/status/…
🎥📝 Pumpfun Tweeted
Introducing Charity Coins, a much needed solution for charities & traders
In exclusive collaboration with @donatedotgg, we’re democratizing creator fee donations to charities: less griefing, less vamps & less tax implications
Learn more 👇
Introducing Charity Coins, a much needed solution for charities & traders
In exclusive collaboration with @donatedotgg, we’re democratizing creator fee donations to charities: less griefing, less vamps & less tax implications
Learn more 👇
❤1
🖇️ Pumpfun Replied To Pumpfun
Oftentimes, the trenches rally around a charitable narrative and attempt to redirect creator fees to a good cause
However, creator fee donations are the Coin Admin’s responsibility to carry out, which leads to uncertainty among traders, more PVP/griefing and less positive outcomes for the charity which a token is focused on
Oftentimes, the trenches rally around a charitable narrative and attempt to redirect creator fees to a good cause
However, creator fee donations are the Coin Admin’s responsibility to carry out, which leads to uncertainty among traders, more PVP/griefing and less positive outcomes for the charity which a token is focused on
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
Introducing Charity Coins, a much needed solution for charities & traders
In exclusive collaboration with @donatedotgg, we’re democratizing creator fee donations to charities: less griefing, less vamps & less tax implications
Learn more 👇
In exclusive collaboration with @donatedotgg, we’re democratizing creator fee donations to charities: less griefing, less vamps & less tax implications
Learn more 👇
❤1
🖇️ Pumpfun Replied To Pumpfun
Furthermore, Coin Admins may trigger taxable events when claiming creator fees, even if their intention is to donate 100% to charity
And in cases where social authentication is required for a charity to accept fees, charity X accounts can become targets for bad actors to compromise & steal funds
Furthermore, Coin Admins may trigger taxable events when claiming creator fees, even if their intention is to donate 100% to charity
And in cases where social authentication is required for a charity to accept fees, charity X accounts can become targets for bad actors to compromise & steal funds
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
Oftentimes, the trenches rally around a charitable narrative and attempt to redirect creator fees to a good cause
However, creator fee donations are the Coin Admin’s responsibility to carry out, which leads to uncertainty among traders, more…
Oftentimes, the trenches rally around a charitable narrative and attempt to redirect creator fees to a good cause
However, creator fee donations are the Coin Admin’s responsibility to carry out, which leads to uncertainty among traders, more…
❤1
🖇️ Pumpfun Replied To Pumpfun
We’re excited to exclusively integrate http://http://donate.gg to address core issues, create more success cases for the trenches & make a positive impact on good causes
Now, traders can rally around narratives with less needless PVP, less tax implications & make a larger impact on charitable causes through memecoins, as well as preventing charities from becoming targets for bad actors
We’re excited to exclusively integrate http://http://donate.gg to address core issues, create more success cases for the trenches & make a positive impact on good causes
Now, traders can rally around narratives with less needless PVP, less tax implications & make a larger impact on charitable causes through memecoins, as well as preventing charities from becoming targets for bad actors
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
Furthermore, Coin Admins may trigger taxable events when claiming creator fees, even if their intention is to donate 100% to charity
And in cases where social authentication is required for a charity to accept fees, charity X accounts can become…
Furthermore, Coin Admins may trigger taxable events when claiming creator fees, even if their intention is to donate 100% to charity
And in cases where social authentication is required for a charity to accept fees, charity X accounts can become…
❤1
🖇️ Pumpfun Replied To Pumpfun
http://http://Donate.gg enables secure, trusted & compliant donations to over 10,000 charities. When creator fee donations are made, https://t.co/8Ae2mI7hOU processes the crypto and handles the transfer to the charity.
Please review the full terms and services for this integration at http://pump.fun/docs/charitycoins prior to using this feature.
http://http://Donate.gg enables secure, trusted & compliant donations to over 10,000 charities. When creator fee donations are made, https://t.co/8Ae2mI7hOU processes the crypto and handles the transfer to the charity.
Please review the full terms and services for this integration at http://pump.fun/docs/charitycoins prior to using this feature.
FxTwitter · donate.gg
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
We’re excited to exclusively integrate http://donate.gg to address core issues, create more success cases for the trenches & make a positive impact on good causes
Now, traders can rally around narratives with less needless PVP, less tax implications…
We’re excited to exclusively integrate http://donate.gg to address core issues, create more success cases for the trenches & make a positive impact on good causes
Now, traders can rally around narratives with less needless PVP, less tax implications…
❤1
🖇️ Pumpfun Replied To Pumpfun
FAQs pt. 1
How do I redirect fees to a charity?
Head to creator fee settings on the pump fun mobile app or http://http://pump.fun web, choose to add a charity as a recipient, then search for your desired charity. We’ll handle the rest.
Are Charity Coins different from normal creator fee coins?
No, they are the same coin type. Instead of redirecting to a specific wallet address, Coin Admin’s will redirect to a verified charity whose wallet is managed by Donate.
How does the charity get the funds?
When creator fee donations are made, http://Donate.gg processes the crypto and handles the transfer to the charity. No onboarding required.
FAQs pt. 1
How do I redirect fees to a charity?
Head to creator fee settings on the pump fun mobile app or http://http://pump.fun web, choose to add a charity as a recipient, then search for your desired charity. We’ll handle the rest.
Are Charity Coins different from normal creator fee coins?
No, they are the same coin type. Instead of redirecting to a specific wallet address, Coin Admin’s will redirect to a verified charity whose wallet is managed by Donate.
How does the charity get the funds?
When creator fee donations are made, http://Donate.gg processes the crypto and handles the transfer to the charity. No onboarding required.
FxTwitter · donate.gg
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
http://Donate.gg enables secure, trusted & compliant donations to over 10,000 charities. When creator fee donations are made, http://Donate.gg processes the crypto and handles the transfer to the charity.
Please review the full terms and services…
http://Donate.gg enables secure, trusted & compliant donations to over 10,000 charities. When creator fee donations are made, http://Donate.gg processes the crypto and handles the transfer to the charity.
Please review the full terms and services…
🖇️ Pumpfun Replied To Pumpfun
FAQs pt. 2
Can I make my existing coin into a Charity Coin?
Yes, you can adjust your fee settings to redirect a portion or all of your creator fees to up to 5 charities. If you have previously updated your fee settings, you may be locked from updating them again.
Can Charity Coins be CTO’d?
Yes. However, malicious behavior will not be tolerated and CTOs will only be permitted if it benefits the charity and/or narrative.
Onboarding charities disclaimer:
If you feel a charity should hear about your coin, engage with it or even endorse it, politely reach out and always avoid spam/abuse. Treat others with respect and abide by the terms of service of the platform you’re using.
FAQs pt. 2
Can I make my existing coin into a Charity Coin?
Yes, you can adjust your fee settings to redirect a portion or all of your creator fees to up to 5 charities. If you have previously updated your fee settings, you may be locked from updating them again.
Can Charity Coins be CTO’d?
Yes. However, malicious behavior will not be tolerated and CTOs will only be permitted if it benefits the charity and/or narrative.
Onboarding charities disclaimer:
If you feel a charity should hear about your coin, engage with it or even endorse it, politely reach out and always avoid spam/abuse. Treat others with respect and abide by the terms of service of the platform you’re using.
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
↩ (@Pumpfun)
FAQs pt. 1
How do I redirect fees to a charity?
Head to creator fee settings on the pump fun mobile app or http://pump.fun web, choose to add a charity as a recipient, then search for your desired charity. We’ll handle the rest.
Are Charity…
FAQs pt. 1
How do I redirect fees to a charity?
Head to creator fee settings on the pump fun mobile app or http://pump.fun web, choose to add a charity as a recipient, then search for your desired charity. We’ll handle the rest.
Are Charity…
💬 a1lon9 Quoted Pumpfun
Beyond just massively reducing inefficiencies in the trenches, this integration represents a huge step in legitimizing memecoins.
Charitable institutions will no longer need to be manually onboarded to crypto (a huge burden) by sometimes ill-intentioned random people. Now, we have rails to properly onboard them in a secure way.
To celebrate this announcement, @Pumpfun related entities have entered a donation matching scheme across all Charity Coins. This means that the more Creator Fees you help raise for Charity, the more we donate!
I’m excited to see future success cases off the back of this update!
Beyond just massively reducing inefficiencies in the trenches, this integration represents a huge step in legitimizing memecoins.
Charitable institutions will no longer need to be manually onboarded to crypto (a huge burden) by sometimes ill-intentioned random people. Now, we have rails to properly onboard them in a secure way.
To celebrate this announcement, @Pumpfun related entities have entered a donation matching scheme across all Charity Coins. This means that the more Creator Fees you help raise for Charity, the more we donate!
I’m excited to see future success cases off the back of this update!
🧵 Thread • FxTwitter
Pump.fun (@Pumpfun)
Introducing Charity Coins, a much needed solution for charities & traders
In exclusive collaboration with @donatedotgg, we’re democratizing creator fee donations to charities: less griefing, less vamps & less tax implications
Learn more 👇
In exclusive collaboration with @donatedotgg, we’re democratizing creator fee donations to charities: less griefing, less vamps & less tax implications
Learn more 👇
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