PumpFun starts aggressively burning tokens

The team has fully destroyed all $PUMP that were previously repurchased, with a total value of $370 million — accounting for 36% of the circulating supply
For the prior 9 months, the project team kept repurchasing, but never explained the final destination of the tokens. This time, the destruction is precisely to eliminate uncertainty and simultaneously boost market confidence
The subsequent mechanism is as follows:
- In the next year, 50% of net transaction fee income will be automatically used to repurchase and immediately burn $PUMP
— the remaining 50% will be used for operations, team recruitment, and marketing
The project team’s goal is to reduce token circulation to the maximum extent possible and build a healthy ecosystem that can keep running for decades.