Pump.fun Holder Rewards Distributed Over $4 Million in the Past Two Days

Odaily reports: Pump.fun officially posted on X platform stating that over the past two days, Holder Rewards-related tokens have generated over $4 million in cumulative rewards for their holders.

Earlier news: Pump.fun announced the launch of the Holder Rewards model and the cancellation of the Cashback model. With Holder Rewards tokens, users simply need to hold the token to earn rewards. The longer the holding period, the higher the reward cap. Going forward, when creators issue new tokens, they can choose between the standard Creator Fee model or the Holder Rewards model; existing Cashback and Creator Fee tokens can also apply to switch to Holder Rewards, but once switched, the change is irreversible.