Pump.enjoyable unveiled Undertaking Ascend on Sept. 2, introducing a tiered price construction designed to extend creator earnings by 10 instances whereas making memecoins extra sustainable for long-term development.
The initiative comes because the platform regained market dominance from competitor Bonkfun, in response to Blockworks knowledge.
The centerpiece of Undertaking Ascend is Dynamic Charges V1, a market cap-based pricing system unique to PumpSwap that adjusts creator charges based mostly on token efficiency.
Increased market cap cash carry decrease charges, permitting profitable tasks to scale whereas maximizing early-stage funding for creators to deploy towards advertising, trade listings, and operational prices.
In an audio shared on Sept. 2, co-founder Alon Cohen stated:
“For us as an area to develop 100x, we’d like way more success instances. Cash with worth that may final and giving retail real alternatives in earning profits. In the intervening time, we’re actually restricted at these sorts of alternatives if stable groups don’t wish to launch cash.”
The dynamic construction addresses earlier creator price limitations that imposed flat charges no matter mission success. Cohen famous that conventional excessive creator charges create “actually low ceilings on these cash as a result of it’s tough for whales to measurement into trades after they’re immediately down as a lot as 10%.”
Dominance restoration
Undertaking Ascend follows Pump.enjoyable’s August income restoration to $35 million, capturing 68.2% of Solana’s launchpad market dominance after shedding floor to Bonkfun in July.
The competitor had seized $37.4 million in income (77% market share) in comparison with Pump.enjoyable’s $15.4 million, prompting strategic changes that culminated within the platform’s comeback.
One in every of these changes was Pump.enjoyable’s practically $44.5 million in PUMP token purchases throughout August, demonstrating a dedication to its native token ecosystem.
The brand new price construction applies to all PumpSwap tokens no matter launch date, enabling present creators and communities to entry enhanced funding alternatives.
Protocol charges and autocompounding charges to liquidity suppliers stay unchanged, sustaining dealer economics whereas boosting creator compensation.
Streamlined group takeover
Undertaking Ascend options accelerated processing for Group Takeover (CTO) purposes, decreasing approval instances from days to hours.
The CTO mechanism permits communities to redirect creator charges from authentic deployers to lively mission leaders who display ongoing growth and advertising efforts.
The launchpad introduced:
“Don’t suppose a creator deserves Creator Charges? Submit a CTO software to start receiving Creator Charges on a coin you’ve taken over.”
Cohen positioned the initiative as attracting mainstream expertise to Solana, stating Pump.enjoyable will turn into “the hub for essentially the most profitable tasks and creators the world has ever seen.”
The platform targets exponential will increase in creator onboarding throughout streaming, startup, and community-building verticals.
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