Pump.fun Revamps Creator Fee System

Pump.fun is introducing a new creator fee sharing system that lets teams and CTO admins split fees across up to 10 wallets. The platform stated that previous creator fees 'may have skewed' incentives for users. The new system also allows for the transfer of coin ownership and the ability to revoke update authority. These features are designed to give project teams more control and flexibility over their tokens. The announcement represents a significant shift in how creator fees are managed on the platform.

Pump.fun is rolling out a comprehensive update to its creator fee sharing system. The primary change allows teams and CTO administrators to distribute fees across multiple wallets simultaneously. This new capability supports splitting fees across up to 10 different wallets, providing significant flexibility for project teams.

The platform acknowledged that the previous creator fee structure may have created misaligned incentives. By introducing this new system, Pump.fun aims to address these concerns and provide a more robust framework for token creators. The ability to split fees allows for better revenue distribution among team members and stakeholders.

Key features of the new fee system include:

• Fee splitting across up to 10 wallets
• Enhanced control for CTO administrators
• Improved distribution mechanisms for team payments

In addition to fee sharing, Pump.fun is introducing mechanisms for coin ownership transfer. This feature allows project teams to formally transfer ownership of tokens to new administrators or entities. The transfer process is designed to be seamless and secure, maintaining the integrity of the project while changing hands.

The system also includes the ability to revoke update authority. This critical feature allows current administrators to remove their own ability to make future updates to the token contract. By revoking update authority, creators can demonstrate a commitment to decentralization and build trust with their community.

These ownership controls represent a significant step forward in token management capabilities on the platform. They provide project teams with the tools needed to manage complex organizational changes and demonstrate long-term commitment to their projects.

The platform explicitly noted that the previous creator fee structure 'may have skewed' incentives. This acknowledgment suggests that the old system may have encouraged behavior that was not optimal for the long-term health of projects or the platform. The new fee sharing system is designed to correct these potential misalignments.

By allowing fee splitting across multiple wallets, Pump.fun is enabling more complex team structures to function effectively. This is particularly important for projects that have multiple contributors who deserve compensation. The ability to distribute fees fairly among team members can help ensure that all contributors remain motivated to support the project's success.

The revamp of the creator fee system demonstrates the platform's responsiveness to community feedback and its commitment to evolving its features to better serve users. These changes are expected to have a positive impact on how projects are managed and sustained on the platform.

The new system introduces several technical capabilities that enhance project management. The 10-wallet limit for fee splitting provides substantial flexibility while maintaining manageable administrative overhead. This limit allows for diverse team structures to receive appropriate compensation.

The ability to revoke update authority is a powerful tool for demonstrating decentralization. Once this authority is revoked, no further changes can be made to the token contract by the original administrators. This creates an immutable state that can be verified by community members.

These technical features work together to create a more sophisticated environment for token creation and management. The platform appears to be positioning itself as a more mature solution for teams looking to launch and manage tokens with complex governance and compensation structures.