🚨 News | Pump.fun launches rewards for token holders and cancels the cashback system
Pump.fun announced two main updates:
🟢 Launching a rewards system for token holders, where users receive rewards simply by holding the token, with the maximum rewards increasing the longer the tokens are held.
🔴 Canceling the cashback option as a new launch mechanism.
The rewards will be distributed automatically multiple times per hour based on the holding ratio, with participation available to anyone who owns tokens worth more than $20.
📌 Cipher Vault: Pump.fun is moving toward incentivizing token holding instead of focusing on short-term incentives.
#Crypto #PumpFun #Solana #MemeCoins #DeFi
Pump.fun announced two main updates:
🟢 Launching a rewards system for token holders, where users receive rewards simply by holding the token, with the maximum rewards increasing the longer the tokens are held.
🔴 Canceling the cashback option as a new launch mechanism.
The rewards will be distributed automatically multiple times per hour based on the holding ratio, with participation available to anyone who owns tokens worth more than $20.
📌 Cipher Vault: Pump.fun is moving toward incentivizing token holding instead of focusing on short-term incentives.
#Crypto #PumpFun #Solana #MemeCoins #DeFi