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Pump.fun's Project Ascend Revolutionizes Meme Coin Creation with Dynamic Fees

Pump.fun's Project Ascend Revolutionizes Meme Coin Creation with Dynamic Fees

Pump.fun, the popular platform for launching meme coins on Solana, just dropped a bombshell update called Project Ascend. This series of changes aims to supercharge the ecosystem by making coins more sustainable and better aligned with their communities. If you're into meme tokens, this is big news—it's all about rewarding creators and community takeovers (CTOs) in a way that encourages long-term building rather than quick flips.

The announcement came via a thread on X from the official Pump.fun account, complete with a hype video teasing "It's time for change" and "The trenches are leveling up." For those unfamiliar, Pump.fun lets anyone create and trade meme coins instantly with zero upfront costs beyond a small network fee. But until now, creator fees were a bit lackluster, not really moving the needle for serious projects.

Diving into Dynamic Fees V1

At the heart of Project Ascend is Dynamic Fees V1, a new tiered structure for creator fees on PumpSwap—the platform's built-in decentralized exchange. Here's the genius part: fees are based on the coin's market cap. When a token is just starting out (low market cap), creators earn higher fees to fund early growth like marketing and content. As the coin scales and hits higher market caps, the fees taper off, keeping trading affordable and encouraging longevity.

This applies to all coins on PumpSwap, old and new, so even existing projects can tap into this for a boost. The protocol fees for Pump.fun itself and the auto-compounding fees for liquidity providers (including burned LPs) stay the same—no changes there.

To give you a sense of the impact, check out this comparison from the announcement showing real coins and how much more creators could earn under the new system:

Comparison of creator fees earned with and without dynamic fees for various meme coins

For example, TROLL's creators would see earnings jump from $370,831 to $784,571. That's nearly double in some cases, but overall, it's pitched as a 10x increase in potential rewards across the board. Pump.fun says this will attract top talent—from streamers to startups—to build on Solana.

For the full breakdown, head over to Pump.fun's fees docs, though keep in mind the update is fresh, so details might still be rolling out.

Faster CTO Processing: Empowering Communities

Project Ascend isn't just for original creators. If a community feels the creator isn't pulling their weight, they can apply for a CTO—community takeover—to claim those fees themselves. Pump.fun is speeding this up by 10x, making it easier for dedicated teams to step in during critical moments. Applications go through a Google Form linked in the thread: CTO Application Form.

This levels the playing field, ensuring fees go to those actively pushing the project forward, whether it's marketing, listings, or community events.

Community Reactions: Synt's Take and Beyond

The update sparked immediate buzz, with one standout response from Synt (@notsynt), a prominent voice in crypto finance. In a reply to the announcement, Synt called it "a highly innovative approach for the space," emphasizing how it rewards dedication and long-term builders. "For the first time creators can be meaningfully rewarded for their dedication and consistent effort," Synt wrote. "This model empowers creators and CTOs to fund essential activities such as marketing, content creation, listings, and whatever... big win for the ecosystem man @pumpdotfun."

Synt's enthusiasm echoes a broader sentiment in the replies. Alon, co-founder of Pump.fun, chimed in with "let's build!" and noted how finance (perhaps nodding to Synt's focus) will benefit greatly. Other users hyped specific coins like $NOMNOM and $TROLL, seeing the update as a catalyst for moonshots. Even some memes popped up, like a video proclaiming "P U M P is real" from @chips_bags.

Of course, not everyone was thrilled. One reply from @dabbingss questioned when traders would get incentives, pointing out that current dynamics favor devs over users. It's a fair point—the update focuses on creators, but sustainable coins should ultimately benefit everyone through better projects.

Why This Matters for Meme Tokens

In the wild world of meme coins, where rugs and pumps dominate headlines, Project Ascend could shift the meta toward quality over quantity. By making creation more rewarding, Pump.fun is positioning itself as the go-to hub for serious Solana projects. Think about it: more funds mean better marketing, stronger communities, and coins that stick around longer. For blockchain practitioners, this is a chance to level up—whether you're launching your own token or scouting the next big thing.

As Synt put it, this inspires builders to create "truly impactful coins." If you're in the trenches of Solana memes, keep an eye on Pump.fun. This could be the spark that onboard the world, as Alon teased in his follow-up.

Stay tuned for more updates on meme token trends right here at Meme Insider. What's your take—bullish on Project Ascend? Drop your thoughts in the comments!

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