No serious business commit 100% of the revenue to buybacks. 50% works better if they grow noticeably.
I also guess people should stop whining about an airdrop rn cuz market in deep shit.
Opening position here 0.0018 $PUMP
Pump.fun@Pumpfun
The future of $PUMP We have burned ALL bought back $PUMP tokens, around $370M worth of purchases (~36% of circulating supply), to gain trust with our community. On top of that, we have initiated a programmatic buyback *and burn* scheme at 50% of revenue for the next year to instill trust, predictability, and sustainability for the underlying ecosystem - and to remove as much of the supply from circulation as possible. $PUMP is changing; for the better of token holders, the team and the ecosystem. Learn more about why we’ve made these decisions and where we’re headed next 👇
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