Pumpfun is slowly but surely realizing its vision of becoming the main venue for anything interesting happening onchain. Pump started as a simple bonding curve launchpad built to solve trust and liquidity for new launches. Since then, we've shipped products like PumpSwap, Creator Fees, the Pumpfun app, Custom Pairs, and Holder Rewards which have all helped turn Pumpfun into the L1 for onchain trading, launchpads, and crypto native experiments. Our existing infrastructure enables builders to create novel products with custom mechanics. Creator Fees give teams a potential revenue stream, giving them the flexibility they need during their early stage to invest in their own growth or, for example, to support tokens launching on their launchpad. Creator fees have recently paid well over $20m per week. For every pump launchpad update, aside from thinking about retail users, we consciously include developers as part of the conversation. Our goals are to make their lives easier, their work rewarding, and provide them with all the tools they need to succeed. The more products that launch on Pumpfun, the bigger Pumpfun gets, and the more builders we can attract to launch on Pumpfun. If you’re building anything in crypto and want to access instant attention and liquidity to support the long term success of your product, the best place to do it is on Pumpfun.

Good afternoon. We are aware that nerfing rewards for microcap calls can prevent people from earning on an extraordinary callout (like $20k -> $20m). The threshold for what is deemed a microcap is not yet public, while will allow ourselves time to: - tweak the algorithm to stop rewarding lowcap farmers who generate callout volume regardless of the end outcome for their followers - discern exactly what the threshold should be for an extraordinary microcap callout to be rewarded (providing your followers made money) The immediate focus for the rewards algorithm is to cut out slop callers (which everyone agrees shouldn't be rewarded) while we work on a version which is still able to reward the extraordinary gems that are called out early. We have not forgotten that extraordinary callers exist. The solution here is not simple nor immediately perfect. More comms to follow on what will be a fairer, more lucrative reward system for GOOD actors. Our goal is to MASSIVELY reward the people that help their followers make money