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Today marks a turning point for $PUMP and Pump.fun.
I want to share more clearly about the big picture and our true direction.
Over the past ~9 months, 100% of the revenue has been used to buy back ( and reacquire the token). No platform in crypto has done this at a scale anywhere near this.
However, we’ve received a lot of feedback centered on a lack of trust—about the certainty of buyback rounds, about what will happen to the token after it’s been bought back, and even about whether the project will still exist a year from now.
Today, we’re changing that.
Starting with burning (~burning) about $370 million worth of $PUMP —equivalent to ~36% of the circulating supply being permanently removed.
But that still isn’t enough.
We’ve also allocated 50% of next year’s revenue to an automatic buyback & burn program (programmatic)—no more ambiguity for those who trust us and for the community we’re proud to build.
So why not 100%?
The short answer is: the business still needs the remaining 50% to grow.
A large (treasury) fundsource helps us stay flexible to make big moves over the next 5–10 years. At the same time, keeping 50% of the revenue allows us to build better products, develop infrastructure, and reinvest into the ecosystem.
I’m extremely confident that the 50% of the future that we’re building will far exceed the 100% of the present.