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kz
185 posts
While we’re building robinhood chain to be the best chain for RWA … it works great for memes too
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@basedalexandoor @letmedevit full clip the 30% coin into the main one that ran first, instead of the pvp
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If you're so cracked why don't you have a big token job
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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.
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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kz retweetledi
Let me know at what point Pumpfun gets annoying to yall too. The jokes would be funny if they didn’t also seek to undermine trust in me, especially when I’ve never bundled/ rugged/ scammed a coin. Not one single time. Never. But thanks to Pumpfun new market participants likely think otherwise.
kolscan@kolscan
Santa if you’re listening…
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kz retweetledi
Day 55 of taking 200 sol -> 5000
- 3.3 sol
Was up in the morning but ended up giving back during slow hours. Missed / sidelined mitch because I was distracted and not locked in on new pairs when it spawned, saw it at 8M and wasn't confident enough (didn't form a greater vision fast enough) to blast it. All good, we go again tmr
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Day 53 of taking 200 sol -> 5000
+ 18.4 sol
Volume was okay for like 1-2 hours while I was up in the morning but then died off very fast and there was literally like nothing. I hope we see some more interesting shit to spark the trenches again cuz this is getting pretty sad.
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