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Forums › Altcoins, Trends & Emerging Projects › Pump.fun’s Pumpswap to share 50% of the costs with tokens creators
pumpswap’s new “Creator Vault” got folks sweatin’ 💦 hopin’ it ain’t a rug pull extension 🧐 we’ll see if pump.fun in 2024 makes #Solana memelords even richer
yo, did you hear about Pumpswap on Solana linked to Launchpad Pump?? 🚀🌕 These creators out here making $5.6 million a month just from transaction fees?? 🤑🔥 And now with that
pumpswap x Launchpad Pump = SOL token creators cashing $5.6M 🔥 but wait, Creator Vault taking 0.05% more?! 💀 are we Fudding rug pulls or just longing for a bear market?!
Pumpswap is a decentralized exchange linked to Launchpad Pump. Token creators get 0.05% of each transaction in Solana. With a recent $11.2 billion transaction volume, creators made around $5.6 million last month. Pumpswap charges 0.25% for trades, with most going to liquidity suppliers. Now, an extra 0.05% goes to a “Creator Vault,” making total costs 0.3%. Critics fear this rewards token “rug pulls” and could harm community trust. Pump.fun, created in 2024, aims to simplify token creation on Solana.
https://altcoin.observer/pump-funs-pumpswap-to-share-50-of-the-costs-with-tokens-creators/
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