Pumpswap推出收入分享模型，向創作者分配50％的交易費用

由索拉納（Solana）的Meme Coin Launchpad Pump.Fun開發的分散交易所Pumpswap，於2025年5月12日推出了收入分享模型，分配了其50％

PumpSwap, the decentralized exchange developed by Solana-based meme coin launchpad Pump.Fun, launched a revenue-sharing model on May 12, 2025.

由總部位於Solana的Meme Coin Launchpad Pump.Fun開發的分散交易所Pumpswap於2025年5月12日推出了收入分享模型。

As part of its standard 0.25% trading fee, 50% of PumpSwap’s protocol revenue will go to token creators, who are credited with 0.05% (5 basis points) in Solana (SOL) for every transaction in an eligible token.

作為其標準0.25％交易費用的一部分，Pumpswap協議收入中有50％將用於代幣的創建者，這些創建者在合格代幣中的每筆交易中以Solana（SOL）的0.05％（5個基點）的信譽為0.05％（5個基點）。

Of PumpSwap’s total trading fees, 0.2% goes to liquidity providers and 0.05% is protocol revenue, though some reports suggest an additional creator vault fee brings the total to 0.3%.

在Pumpswap的總交易費用中，有0.2％用​​於流動性提供商，而0.05％是協議收入，儘管一些報告表明，額外的創建者保險庫費將總計達到0.3％。

With an estimated $11.2 billion in trading volume in April 2025, creators could be set to share about $5.6 million.

2025年4月，估計有112億美元的交易量，創作者的共享約為560萬美元。

The move is designed to incentivize long-term project development on the protocol, but some have criticized the revenue-sharing model on X for potentially rewarding developers of abandoned or “rug-pulled” tokens.

此舉旨在激勵該協議上的長期項目開發，但有些人批評了X上的收入分享模型，以獎勵被拋棄或“扣除”代幣的開發商。

“They are distributing 0.05% of each trade in $SOL to the token creators. E.g., $SHIB trades a lot, its creator will get paid a lot, even if the project is abandoned,” 0xRiver explained.

0xriver解釋說：“他們將每筆交易的0.05％以$ sol分配給代幣的創建者。

“This will discourage community-driven tokens where the devs step back after launch and the community owns it.”

“這將阻止以社區為驅動的代幣，開發後開發人員退後一步，社區擁有它。”

The revenue-sharing model will see token creators receive 0.05% of every transaction on PumpSwap in Solana (SOL).

收入共享模型將使令牌創作者獲得Solana（Sol）中每筆交易的0.05％。

PumpSwap is known for its role in launching new meme coins on the Solana blockchain through its launchpad, Pump.Fun. The launchpad has aided in the creation of several viral tokens, which are actively traded on PumpSwap.

Pumpswap以其通過其發射板Pump.Fun在Solana區塊鏈上推出新的模因硬幣而聞名。該發射台有助於創建幾個病毒令牌，這些病毒代幣積極交易。

PumpSwap is a decentralized exchange built on the Solana blockchain and is aiming to integrate a revenue-sharing model with token creators.

Pumpswap是建立在Solana區塊鏈上的分散交易所，旨在將收入分享模型與代幣創建者集成在一起。

The model, which will distribute 0.05% of every transaction to creators, aims to encourage developers to build and maintain sustainable projects on PumpSwap.

該模型將將每筆交易的0.05％分配給創作者，旨在鼓勵開發人員在Pumpswap上構建和維護可持續的項目。

It is also designed to align the interests of creators with the platform’s success, potentially fostering higher-quality tokens and reducing speculative “pump-and-dump” schemes.

它還旨在使創作者的利益與平台的成功保持一致，並有可能促進更高質量的代幣並減少投機性的“泵送和點狀”計劃。

With PumpSwap’s April 2025 trading volume at $11.2 billion, the 50% revenue split could yield significant payouts—around $5.6 million shared among creators monthly.

隨著Pumpswap 2025年4月的交易量為112億美元，50％的收入分配可能會產生大量的支出 - 每月創作者之間共享560萬美元。

This could attract more developers to the platform, ultimately increasing token diversity and trading activity, although the actual distribution will depend on the volume of individual tokens.

儘管實際分佈將取決於單個令牌的數量，但這可能會吸引更多的開發人員進入平台，最終增加令牌多樣性和交易活動。

The move strengthens PumpSwap’s position in the competitive decentralized exchange market, which includes rivals like Raydium or Uniswap.

此舉增強了Pumpswap在競爭性分散交易市場中的地位，該市場包括Raydium或Uniswap等競爭對手。

By rewarding creators, the goal is to drive liquidity and user adoption, as projects will be motivated to actively promote their tokens.

通過獎勵創作者，目標是推動流動性和用戶採用，因為項目將受到積極推廣其令牌的動機。

However, critics have pointed out the potential for abuse, as creators of low-effort, abandoned, or “rug-pulled” tokens will still earn revenue if their tokens maintain trading volume.

但是，批評家指出了濫用的潛力，因為如果他們的令牌維持交易量，少量，廢棄或“剝奪”的代幣的創造者仍將賺取收入。

This could ultimately dilute the quality of projects and reward bad actors, impacting trust in the platform.

這最終可以稀釋項目的質量並獎勵不良演員，從而影響平台的信任。

Many, especially developers and traders, see the revenue share as a game-changer.

許多，尤其是開發人員和交易員，將收入份額視為改變遊戲規則的人。

Posts praise PumpSwap for empowering creators with a passive income stream, potentially stabilizing meme coin ecosystems.

帖子稱讚泵種為通過被動收入流增強創作者的能力，並有可能穩定模因硬幣生態系統。

Some argue it could reduce reliance on initial coin offerings (ICOs) or pre-sales, democratizing funding.

有人認為，它可以減少對初始硬幣產品（ICO）或預售的依賴，從而使資金民主化。

CryptoBanter called it “a bold move to keep creators in the game,” suggesting it may spark a wave of innovative projects.

Cryptobanter稱其為“將創作者保持在遊戲中的大膽舉措”，這表明它可能會引發一波創新的項目。

But those like 0xRiver on X warn the model inadvertently rewards devs of failed or scammy tokens, as revenue is tied to trading volume, not project quality.

但是，X上的0xriver這樣的人警告該模型無意間獎勵失敗或騙子令牌的Devs，因為收入與交易量相關，而不是項目質量。

They fear it disincentivizes community-driven tokens where devs relinquish control post-launch.

他們擔心它不信任以社區為驅動的代幣，而開發人員放棄了發出後的控制。

Some posts criticize the model for favoring creators over decentralized governance, potentially concentrating influence among a few high-volume projects.

一些帖子批評該模型偏愛創作者而不是分散的治理，並有可能將影響力集中在一些大批量項目中。

DefiDegenerate noted, “This feels like a step back from true DeFi principles.”

DefideGenerate指出：“這感覺就像是真正的Defi原則的後退。”

There’s also confusion over PumpSwap’s fees (0.25% stated vs. some reports of 0.3% with an additional creator vault fee).

泵工程的費用也令人困惑（0.25％的報導與0.3％的報導，並額外的創建者金庫費）。

This fuels distrust, with users questioning transparency and whether the extra fee burdens traders.

這給用戶質疑透明度以及額外費用是否負擔交易者的不信任。

The revenue share creates tension between incentivizing creators and preserving decentralized, community-led projects.

收入份額在激勵創作者和保存由社區主導的項目中產生緊張關係。

Critics argue it prioritizes developers over token holders or liquidity providers.

批評家認為，這將開發商優先於代幣持有人或流動性提供者。

While some see it as a way to curb meme coin volatility, others believe it may foster speculative trading without addressing underlying project fundamentals.

儘管有些人認為這是遏制模因硬幣波動率的一種方式，但其他人認為它可能會促進投機性交易而不解決基本項目基本面。

PumpSwap’s revenue-sharing model could fundamentally alter the meme coin and decentralized finance landscape by attracting creators and boosting platform activity.

Pumpswap的收入共享模型可以從根本上通過吸引創作者和增強平台活動來改變模因硬幣和分散的金融景觀。

But it risks rewarding low-quality projects and alienating those who value decentralization.

但這有可能獎勵低質量的項目並疏遠那些重視分散化的人。

This divide highlights broader tensions in decentralized finance between incentivizing innovation and maintaining equitable, transparent ecosystems.

這鴻溝突出了激勵創新和維持公平的透明生態系統之間的分散財務緊張局勢。

As trading volume and

作為交易量和