Pumpswap推出收入分享模型，向创作者分配50％的交易费用

由索拉纳（Solana）的Meme Coin Launchpad Pump.Fun开发的分散交易所Pumpswap，于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.

由总部位于Solana的Meme Coin Launchpad Pump.Fun开发的分散交易所Pumpswap于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.

作为其标准0.25％交易费用的一部分，Pumpswap协议收入中有50％将用于代币的创建者，这些创建者在合格代币中的每笔交易中以Solana（SOL）的0.05％（5个基点）的信誉为0.05％（5个基点）。

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的总交易费用中，有0.2％用​​于流动性提供商，而0.05％是协议收入，尽管一些报告表明，额外的创建者保险库费将总计达到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，估计有112亿美元的交易量，创作者的共享约为560万美元。

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.

此举旨在激励该协议上的长期项目开发，但有些人批评了X上的收入分享模型，以奖励被抛弃或“扣除”代币的开发商。

“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解释说：“他们将每笔交易的0.05％以$ sol分配给代币的创建者。

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

“这将阻止以社区为驱动的代币，开发后开发人员退后一步，社区拥有它。”

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

收入共享模型将使令牌创作者获得Solana（Sol）中每笔交易的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以其通过其发射板Pump.Fun在Solana区块链上推出新的模因硬币而闻名。该发射台有助于创建几个病毒令牌，这些病毒代币积极交易。

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区块链上的分散交易所，旨在将收入分享模型与代币创建者集成在一起。

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

该模型将将每笔交易的0.05％分配给创作者，旨在鼓励开发人员在Pumpswap上构建和维护可持续的项目。

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.

它还旨在使创作者的利益与平台的成功保持一致，并有可能促进更高质量的代币并减少投机性的“泵送和点状”计划。

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.

随着Pumpswap 2025年4月的交易量为112亿美元，50％的收入分配可能会产生大量的支出 - 每月创作者之间共享560万美元。

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.

尽管实际分布将取决于单个令牌的数量，但这可能会吸引更多的开发人员进入平台，最终增加令牌多样性和交易活动。

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

此举增强了Pumpswap在竞争性分散交易市场中的地位，该市场包括Raydium或Uniswap等竞争对手。

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

通过奖励创作者，目标是推动流动性和用户采用，因为项目将受到积极推广其令牌的动机。

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，批评家指出了滥用的潜力，因为如果他们的令牌维持交易量，少量，废弃或“剥夺”的代币的创造者仍将赚取收入。

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

这最终可以稀释项目的质量并奖励不良演员，从而影响平台的信任。

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

许多，尤其是开发人员和交易员，将收入份额视为改变游戏规则的人。

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

帖子称赞泵种为通过被动收入流增强创作者的能力，并有可能稳定模因硬币生态系统。

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

有人认为，它可以减少对初始硬币产品（ICO）或预售的依赖，从而使资金民主化。

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

Cryptobanter称其为“将创作者保持在游戏中的大胆举措”，这表明它可能会引发一波创新的项目。

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这样的人警告该模型无意间奖励失败或骗子令牌的Devs，因为收入与交易量相关，而不是项目质量。

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

他们担心它不信任以社区为驱动的代币，而开发人员放弃了发出后的控制。

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

一些帖子批评该模型偏爱创作者而不是分散的治理，并有可能将影响力集中在一些大批量项目中。

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

DefideGenerate指出：“这感觉就像是真正的Defi原则的后退。”

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

泵工程的费用也令人困惑（0.25％的报道与0.3％的报道，并额外的创建者金库费）。

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

这给用户质疑透明度以及额外费用是否负担交易者的不信任。

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

收入份额在激励创作者和保存由社区主导的项目中产生紧张关系。

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

批评家认为，这将开发商优先于代币持有人或流动性提供者。

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

尽管有些人认为这是遏制模因硬币波动率的一种方式，但其他人认为它可能会促进投机性交易而不解决基本项目基本面。

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从根本上通过吸引创作者和增强平台活动来改变模因硬币和分散的金融景观。

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

但这有可能奖励低质量的项目并疏远那些重视分散化的人。

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

这鸿沟突出了激励创新和维持公平的透明生态系统之间的分散财务紧张局势。

As trading volume and

作为交易量和