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Hey there, meme token enthusiasts! If you’ve been keeping an eye on the crypto world, you might have stumbled across an intriguing thread on X from @Sprophet10 that’s got the community buzzing. The post dives into a game-changing idea for Pump.fun, a popular memecoin launchpad on the Solana blockchain, suggesting a shift from creator fees to a holder-based reward system. Let’s break it down and explore why this could be a big deal for the future of meme tokens!
The Problem with Creator Fees
Right now, many launchpads like Pump.fun charge creator fees to fund the platform and reward those who launch new tokens. But as @Sprophet10 points out, this model has a flaw: it often benefits “serial ruggers”—people who create tokens just to scam investors and disappear. In most cases, there’s no real “creator” worth rewarding, and the fees end up lining the pockets of bad actors. This has left the community frustrated, especially when projects collapse shortly after launch.
A Fresh Idea: Holder Fees and Incentives
So, what’s the alternative? The proposal is simple yet brilliant: ditch creator fees entirely and replace them with a “holder fee” system. Here’s how it could work:
- The More You Hold, the More You Earn: The longer you hold a token and the more you own, the bigger your share of the fees or rewards.
- Long-Term Commitment Pays Off: This incentivizes both creators and investors to stick with a project rather than dumping their tokens for a quick profit.
Imagine this: instead of creators taking a cut and running, they’re encouraged to hold their own supply, aligning their interests with the community. This could lead to stronger, more sustainable projects—something the meme token space desperately needs!
Why It Could Work
The thread highlights a real-world example with $OIIAOIIA, a token that benefited from a “thick LP” (liquidity pool) built over time. @Sprophet10 shares how they stuck with it for eight months, grinding and accumulating more, thanks to the long-term incentives. This kind of dedication could become the norm if holder fees take off. Plus, it flips the script on rug pulls by rewarding loyalty instead of exploitation.
Other X users, like @studycults and @WeaponsSquad, are already praising the idea, showing it’s resonating with the community. Even @SeeEnEffTee chimed in with love for the concept, hinting at a growing consensus.
The Bigger Picture for Meme Tokens
This proposal ties into broader trends in the crypto world. Pump.fun has already made waves, generating over $700 million in revenue since launching in early 2024, according to Blockworks. With its ability to let anyone create a Solana token for free, it’s a powerhouse in the memecoin scene. But as competition heats up, innovations like this could set it apart.
For blockchain practitioners, this shift could mean a healthier ecosystem. By focusing on holder incentives, projects might develop stronger tokenomics—the economic rules governing a token—leading to more transparent and community-driven initiatives. It’s a win-win: investors get rewarded for staying loyal, and creators have a reason to build something lasting.
What’s Next?
Of course, this is still just an idea floating around on X, but it’s sparking conversation. @Sprophet10 even jokingly offered more ideas for payment in $OIIAOIIA, showing they’re passionate about pushing the envelope. If Pump.fun or similar platforms adopt this model, it could redefine how meme tokens are launched and sustained.
So, what do you think? Could holder fees be the future of launchpads? Drop your thoughts in the comments, and stay tuned to meme-insider.com for the latest updates on this and other meme token trends. Happy investing, and keep it simple, stupid! 😄