pump.fun launches Holder Rewards, discontinues Cashback
- —Holder Rewards distributes fees among holders several times an hour on a pro-rata basis
- —Holders of tokens worth more than $20 are eligible for payouts
- —Rewards are paid in the pair's quote token: SOL for SOL pairs, PUMP for PUMP pairs
- —For Custom Pairs, the creator sets a fixed fee of 0.01% to 3%
Why it matters: The new mechanism encourages long-term token holding and could reduce selling pressure on pump.fun memecoins.
Source: Incrypted