🖇️ 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.