Insider: The Pump.fun project plans to share protocol revenue with PUMP token holders, investor shares will fully unlock at TGE

BlockBeats News, June 7th, according to two sources familiar with the matter, Pump.fun is seeking to raise $1 billion through its initial token offering and is considering sharing protocol revenue with potential token holders.

It is currently unclear how much of the protocol revenue sharing feature will allocate income to token holders, and it is uncertain whether this will include revenue generated from the decentralized exchange platform PumpSwap launched earlier this year. Pump.fun did not respond to multiple requests for comments.

Sources revealed: "Some details may be adjusted, but the core idea is to link token buyback to a portion of platform revenue, planning to unlock tokens for participants in private/public sales during the Token Generation Event (TGE)."

Sources disclosed that the PUMP token, targeting both public and private investors, is expected to fully unlock at TGE. Although there may be additional issuance, the total supply cap is set at 1 trillion tokens. There are reports that the private sale was priced at $0.004 per token, with the public sale set to launch within two weeks, partly sold through exchanges like Binance and accompanied by airdrops. An estimated 25% of the token supply is allocated for the public sale, with a 10% allocation reserved for airdrops.