Pump.fun just flipped the script on referral rewards.
Oct 10: Co-founder Alon announced they're ditching volume-based rewards. New focus? Whether your followers actually PROFIT.
Also slashing rewards for low-cap shitcoin shills.
The catch: They didn't explain HOW profit gets calculated. Which entry? Which exit? Radio silence.
I like the direction—cuts down on pure shill farming. But here's the real test: Does it track LATE buyers or just the first wave who got in early?
If it only rewards the OGs and ignores the exit liquidity crowd, it's just theater. We'll see if this actually filters out the rug promoters or just creates new games to exploit.
Oct 10: Co-founder Alon announced they're ditching volume-based rewards. New focus? Whether your followers actually PROFIT.
Also slashing rewards for low-cap shitcoin shills.
The catch: They didn't explain HOW profit gets calculated. Which entry? Which exit? Radio silence.
I like the direction—cuts down on pure shill farming. But here's the real test: Does it track LATE buyers or just the first wave who got in early?
If it only rewards the OGs and ignores the exit liquidity crowd, it's just theater. We'll see if this actually filters out the rug promoters or just creates new games to exploit.