Pump.fun has become one of the most talked-about memecoin launchpads, largely because it makes launching and trading new tokens feel fast, simple, and social. Now, the platform is drawing renewed attention for a different reason: it says its creator-fee system “may have skewed” incentives, and it’s planning a revamp.
According to Cointelegraph, Pump.fun’s planned changes include fee sharing across wallets and adjustments tied to ownership/control. The announcement is prompting a broader conversation about how launchpads shape behavior — and where governance and control risks can show up in memecoin ecosystems.
Key points
- Pump.fun said its creator fees “may have skewed” incentives and announced plans to revamp the model.
- The proposed revamp includes fee sharing across wallets, per Cointelegraph.
- The update also references ownership/control-related changes, bringing governance questions back into focus.
- The news is fueling discussion about launchpad mechanics and how token creators, traders, and communities align (or don’t).
Why the fee model matters
Creator fees are one of those details that can sound boring until you see how much they influence behavior. If a system rewards “creating” more than “supporting,” it can encourage churn — lots of new tokens, short attention spans, and incentives that don’t always match what communities expect.
Pump.fun’s own wording that the fees “may have skewed” incentives suggests the platform is acknowledging that design choices can shape outcomes. Even without getting into numbers, the direction is clear: the team appears to be trying to reduce perverse incentives and better align who benefits from activity on the platform.
Fee sharing across wallets: what it signals
One of the headline changes mentioned is fee sharing across wallets. While details can vary depending on implementation, the concept tends to point toward distributing rewards more broadly rather than concentrating them in a single creator address.
In memecoin culture, where teams are often informal and communities can be fluid, how fees are distributed can affect trust and perception. If participants believe a token’s economics overly favor insiders, sentiment can flip quickly. A more distributed approach may be an attempt to reduce that friction — though the specifics will determine whether it actually changes outcomes.
Ownership and control: the governance angle
The other element drawing attention is the mention of ownership/control changes. For memecoins, “control” can mean many things: who can change parameters, who holds key permissions, and how transparent those powers are.
This is where governance risk becomes less theoretical. If users don’t understand who controls what — or if control can move unexpectedly — it can create uncertainty around launches and community-led narratives. Pump.fun’s update is landing in a market that’s increasingly sensitive to these dynamics, especially after repeated examples across crypto where unclear admin rights or shifting control structures have led to controversy.
Community sentiment and what people are watching
Memecoin communities tend to move fast, but they’re also highly observant of incentive design. When a major launchpad tweaks its fee structure, it doesn’t just affect creators — it can influence how traders interpret a project’s “fairness,” how teams structure launches, and how communities decide whether a token feels organic or engineered.
For now, the big question is execution: how the new fee-sharing and control approach will work in practice, and whether it actually changes the behaviors Pump.fun says it wants to address.
Risks and uncertainty
Even with a revamp, memecoin launches remain high-risk and often opaque. Incentive changes can have unintended side effects, and any system involving fees and control introduces new trust assumptions. If details are limited or evolving, it’s worth treating the situation as fluid and acknowledging what’s still unclear.
As always in memecoin land, mechanics matter: how fees are earned, who receives them, and who has the ability to change rules after launch.
Closing thoughts
Pump.fun’s planned creator-fee revamp is a reminder that “launchpad design” isn’t just a backend detail — it can shape the entire lifecycle of memecoin projects, from creator behavior to community trust. If the changes deliver clearer alignment and transparency, they could influence how other platforms think about incentives too.
Until more specifics are confirmed, the safest approach for readers is simply to stay curious, verify how any platform’s mechanics work, and do careful research before interacting with new tokens.
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