Sabitlenmiş Tweet
tweaking CCM to save on chain trading
a bit about my background: I'm a trencher who turned $2,000 into $1,391,000 in 2 years (2023-2025) but then I lost most of it and ended up with $287,000. I think I've got enough experience to spot what's wrong and how we can fix it.
I like @pumpdotfun. I genuinely believe it's one of the few platforms that has helped people with small portfolios make life changing money and score big wins. but since pumpfun launched, every update seems to make things harder for traders and easier for ruggers and deployers, like:
- removing deploy fees
- insta migrations
- creator fees
I don't want to hand over a % of my money to some anon every time I buy or sell, with no good reason. I want 100% of it hit the chart and pump the price and build momentum
I'm tired of losing my money to serial deployers. I won't trade anymore until alon or someone on the pf team steps up, takes responsibility and finally listens to the community.
so what happened?
when pf announced creator fees, it kicked off CCM meta and trading on solana took a big hit. trading stopped being worth it and everyone just started launching tokens left and right.
traders lost money they'd spent years making, handing it over to scammers, ruggers and serial deployers who barely knew crypto.
now hardly anyone trades. some switched to deploying, others bridged their money off solana and a lot just lost it all and quit for good.
that's a huge mess. crypto's original mission was to onboard new users and achieve mainstream adoption, right? but we've done the opposite, we've pushed out the real believers, builders and traders and let in a bunch of scammers and extractors. they left because they couldn't risk losing more after grinding for so long.
and yeah, I really think creator fees ruined the trenches and killed good memes and communities. It made holding memes risky, while deploying had no risk but big rewards.
It's not the market's fault. If you blame the whole crypto market, you're way off. In slow times before, we'd still get a few good runners in the trenches. but now, even great narratives can't make it.
how to fix it and my suggestions:
rethink launch mechanics
there should be two paths, normal launch and CCM launch. normal launches for memes, projects and nonstop deployers with no creator fees. CCM for streamers, but they have to earn it first.
creator fees
streamers and creators need to stream without a token for at least a week or a month to build their audience. then they apply to launch and pf mods decide if they're legit. even after approval, lock the fees for a month and get the okay from holders, the community and mods.
Vesting: split the fees into 12 parts and pay out one each month. that keeps them streaming and stops them from claiming the fees and ditching. If they bail, let people report it to the mods to block the fees and return the money to holders or traders.
airdrop
airdropping $pump to the community is a solid move, alon should do it. but without real changes, it'll just spike volume for a couple weeks before everything goes quiet again.
another great option: stream without a token
let people stream without ever launching a token.
big names don't want to risk their rep on something that could tank. If the price drops even a bit, people start attacking, scaring off anyone trying to build for real and they just leave crypto. @cobie talked about this and skipped streaming on pumpfun because of it. pf team fumbled a huge opportunity, but they can still turn it around.
there are tons of ways to reward streamers and creators without forcing a token launch and all that risk. like letting people donate with $pump token etc.
It's wild that with some simple rules, alon could revive the trenches and turn pumpfun into a pro crypto and streaming platform that competes with Twitch, while protecting the most important users: the traders. but he refuses because their goal is "increasing the number of unique creators" and he thinks creator fees maximize success odds, even if it means traders lose money. he sees that as good for the space.
@a1lon9 if you don't fix this, pf won't last and forget about taking on twitch. If you ignore the community and the OGs, someone else will build something better and win everyone over. (but I don't see that happening this cycle. most real builders are gone, replaced by greedy types. we'll have to wait for the bear market.)
these are just my thoughts out loud but I'm sure there are big brains in CT with better ideas.
tagging some geniuses:
@0xuberM
@rainsrevenge
@0xIT4I
@0xRiver8
@CookerFlips
@nightcore
@solvenant
@ShockedJS
@Quanterty
@frankdegods
@Credib1eGuy
@gu8ap
@Euris_x
@KayTheDoc
@dethective
@exitliquid1ty
sorry for the ping, guys. It'd be great if you share your thoughts, the ecosystem compounds when we do.
one last thing:
"1 SOL and a dream" is dead. the dream remains dead. and we have killed it. - UberMendes
English
