Pump.fun, the Solana-based meme-coin platform, acknowledged that its Dynamic Fees V1 model did not create a sustainable market structure and announced a reform of its fee regime. Pump.fun has unveiled a first-stage overhaul to address this. Under the new system, creators and community takeover (CTO) managers can allocate post-launch fees across up to ten wallets in proportion, and team-level ownership transfer and revocation of update rights become possible. Alon Cohen said the Pump.fun team would not collect fees under any circumstances, describing the move as a measure for core platform participants known as trenchers.

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