Analysis: Pump.fun may launch a trading volume incentive plan, with the incentive token being PUMP

According to BlockBeats, on July 27th, according to the cryptocurrency research firm Dumpster DAO, pump.fun may be preparing to launch a trading volume incentive plan for at least 30 days, with the reward token being PUMP. The official Pump SDK has recently been updated to support incentive mechanisms, adding an administrator function that can set incentive parameters including how many Pump tokens are distributed daily. In addition, relevant methods for tracking user transaction volume and receiving PUMP rewards have been added. The current incentive plan is based on a 30 day incentive period, but if the team is willing, this mechanism can also be reused or extended. The IDL (Interface Description Language) of the Pump bonding curve program was also updated a few hours ago, indicating that trading volume based on bond curves may also be included in incentive rewards. The total number of reward tokens for this incentive plan is currently unclear. In an updated SDK test version, it is set to distribute 1 billion PUMPs per day. But this is just a test file. If we continue at this speed, distributing 3% of the total supply in a month may seem too high, and the actual distribution ratio may be adjusted. These changes have not yet been officially launched. However, given the significant decline in Pump's trading volume compared to competitors such as BONK.fun, the team seems to be trying to regain market share through incentive programs. '' BlockBeats note: This news has not yet received official confirmation from pump.fun, and is only discovered by the community through SDK updates. More information needs to wait for official disclosure.