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Post #1378 56
🔄 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.
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