Analysis: pump.fun may be launching a trading volume incentive program, with the incentive token being PUMP.
BlockBeats News, July 27th, according to the cryptocurrency research firm Dumpster DAO, "pump.fun may be preparing to launch a trading volume incentive plan lasting at least 30 days, with the reward token being PUMP. The official Pump SDK has recently been updated to support the incentive mechanism, adding an admin function that can set incentive parameters including how much PUMP token to distribute daily.
In addition, methods for tracking user trading volume and claiming PUMP rewards have been added. The current incentive scheme is based on a 30-day incentive period, but this mechanism can also be reused or extended if the team wishes. The IDL (Interface Description Language) of the Pump bonding curve program was also updated a few hours ago, indicating that transaction volume based on the bonding curve may also be included in the incentive rewards.
The total reward token amount for this incentive plan is currently unknown. In an updated SDK test version, it is set to distribute 1 billion PUMP tokens per day. However, this is only a test file, and at this rate, distributing 3% of the total supply in a month seems too high, so the actual distribution ratio may be adjusted.
These changes have not yet been officially launched. However, considering that Pump's trading volume has significantly declined compared to competitors such as BONK.fun, the team seems to be attempting to regain market share through an incentive plan."
BlockBeats Note: This news has not yet been confirmed by pump.fun's official team and was only discovered by the community through an SDK update. More information is pending official disclosure.
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