Pump.fun’s Revenue Scheme: A Feat of Foolishness or Malicious Play?

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Pump.fun’s Revenue-Sharing Plan Faces Criticism Over Fees and Rug Pull Risks

Oh, comrades! Pump.fun dared to dream of a revolution—a grand idea to turn creators into kings and queens while shielding them from the treacherous “pump-and-dump” wolves. They promised salvation, a lush forest of sustainability, a shining beacon in the dark night of crypto chaos.

Yet, here we stand, just a month into the farce, asking—revolution or just another clever ploy to lure more naïve souls into the trap?

Challenges and Controversies

Despite the pomp and circumstance, critics are sounding the alarm. SolanaFloor, that noble watchdog, uncovers a chorus of complaints and curses. The first offense? The fee structure—oh, what a lovely “transaction tax”—0.05%, a tiny slice that somehow manages to squeeze the life out of every deal. Pump.fun keeps its greed intact, while the poor users get robbed. Brave PumpSwap, once proud with 0.2% for liquidity heroes and 0.05% for the platform, now drags an extra 0.05% to please its masters—creators. So much for fairness! These higherfees make other platforms like Raydium look like paradise on Earth. 😅

And just when you think it can’t get worse—here come the “rug pulls”. Oh yes, comrades! Some wise voices warn that this new fee might just be a fresh invitation for devils dressed as angels to run away with the loot. The community’s hopes? Tossed aside like yesterday’s rags. What kind of madness is this?

“I think this is a horrible move. 99% of coins are legit CTO coins. People don’t want the dev and now we’re paying the dev that rugged us? Super bad imo but we see how it goes,” wrote an X user, sarcasm dripping from every word.

Creators trying to make sense of it all

And if you believe the promises of passive income, beware! Data from SolanaFloor reveals that hardly anyone is winning—only 1.8% of creators are making from $5,000 to $10,000. Nearly half—48%—are scraping between $100 and $1,000. The rest? Bum deals and empty hopes. It’s another sad tale of “pump-and-dump” and broken dreams.

In the end, all this fuss over fees, profits, and “sustainability” seems more like a game for the greedy than a salvation for creators. The platform’s costs rise, and competitors like Raydium plot their revenge with new playgrounds such as LaunchLab.

In this volcanic market of meme coins and shattered hopes, Pump.fun’s latest stunt loses steam. One more wise soul on X remarks that this scheme should have come “a long time ago,” but alas—too little, too late, and certainly not enough to keep Pump.fun afloat amid the storm.

So heed this tale, fellow travelers: beware the shiny promises and remember—sometimes, the only thing you get from these schemes is a good laugh and a lesson in how not to get played. 😂

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2025-06-06 15:20