PumpFun burns $370M of $PUMP tokens and commits 50% of revenue to buybacks for a year!

PumpFun has burned all previously repurchased PUMP tokens — roughly 370 million dollars' worth, representing about 36% of circulating supply — after community concerns about the certainty and use of its buyback program. The move is one of the largest single deflationary events in recent memecoin-platform history.

Going forward, the platform will route 50% of revenue into a programmatic buyback-and-burn mechanism for the next twelve months. The shift from discretionary to algorithmic burns is a direct response to transparency demands: predictable destruction schedules are harder to walk back than ad-hoc promises.

With over a third of supply now permanently removed and a revenue-linked burn rate locked in, the structural supply picture for PUMP has changed materially.

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Aggregated from WuBlockchain · Verified · Last refreshed 12d ago

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Wu Blockchain ✓ @WuBlockchain · 12d ago

PumpFun Burns 370M USD of Repurchased Tokens, Allocates 50% of Revenue to Buyback and Burn PumpFun said it has burned all previously repurchased PUMP tokens, totaling about $370 million and roughly 36% of circulating supply, in response to concerns over the use and certainty of buybacks. The platform also said it will allocate 50% of revenue over the next year to a programmatic buyback-and-burn mechanism to reduce circulating supply and improve transparency and predictability. https://t.co/zLHkhCFbwx

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