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alon
@a1lon9
co-founder @pumpfun
Joined December 2021
4.1K Following    433.9K Followers
Our main goal with this update is to help alleviate the pressure that PVP places on ecosystem tokens and use that energy for good: help strengthen established coins even further. We achieve this by encouraging beta plays to pair with the established runner, thereby funneling buy pressure and new holders to the main runner. To make this update user-friendly, we had to make numerous innovations to our bonding curve and PumpSwap programs. Most importantly, we’ve prevented users from being exposed to exorbitant fees that could put them far underwater immediately when they place a trade. We're the first major platform to bypass fees in multihop swaps. We want to ensure that established communities get as much organic buy pressure as possible, which means reducing the fees that traders are exposed to and ensuring as much liquidity enters each token as possible. Reducing fees for traders also lengthens the average lifespan of a retail trader that’s still learning the ropes.
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