Flower Power
1.1K posts

Flower Power
@fl_power_
nft lover / artist / 3x free to 409 ETH vol in one day https://t.co/Ivlqm5BMuq


today is a turning point for $PUMP and pump fun I want to give more context on the bigger picture and where we're actually going. over the past ~9 months, 100% of revenue went into buybacks. basically no other platform in crypto has done that at this scale. however, we received ongoing feedback specifically on the feeling of a lack of trust - in the certainty of buybacks, in what would happen to the bought-back tokens, even in whether the business itself would be here in a year. today, we’re changing that. it started with burning ~$370M worth of $PUMP purchases. ~36% of the circulating supply removed from circulation, forever. but that isn’t enough. we’ve also allocated 50% of our next year of revenue to programmatic buybacks & burns. no more uncertainty for those who believe in us & those we’re proud to call our community. but why not 100%? the short answer is the business simply needs the other 50% to grow. a large treasury gives us the flexibility to make big bets over the next 5-10 years, and 50% of ongoing revenue enables us to build better products, infrastructure & reinvest into the ecosystem. I am extremely confident that 50% of the business we're building toward will dwarf 100% of the business we have today.



Crypto is no longer decentralized. Hear me out. PumpFun runs the entire memecoin market right now. This week Alon, the co-founder, wiped a token called $ALONHOUSE off the platform because it was using his personal address in Hove as its identity. The token vanished from DexScreener, Solscan, and every Pump.fun connected space within hours. There was no vote, no warning, and no community involved in any part of the decision. And that's when it hit everyone. If you can delete a token because it's personal, you can delete any token for any reason. The memecoin market is not open the way people keep telling themselves it is, it has an owner, and the owner just reminded the entire ecosystem of that fact in real time. Today it was an address. Tomorrow it could be a coin somebody doesn't like, a competitor, a narrative, or a wallet that made the wrong person uncomfortable. Now look, nobody should have their personal address exposed without their consent and that part is genuinely wrong. But using a personal situation to override the entire reason crypto was built in the first place is the bigger conversation nobody wants to have. Decentralization was supposed to be the one thing nobody could touch and it turns out somebody could the whole time.

















