The fee switch changes hands
Creator fees have been the quiet engine of the launchpad era β and the quiet reason so many deployers ship and vanish. crypto.news reports Pump.fun is now letting creators flip that: at launch, a coin is either a Creator Fees coin or a Trader Cashback coin, where 100% of creator fees are redirected to the people trading it. Once the coin is live, the setting cannot be changed.
- Choice is made before launch and is irreversible
- Trader Cashback sends 100% of creator fees to traders
- Community takeovers are not allowed on Cashback Coins
- Rewards are claimed from the rewards section of a user profile
The platform's stated reasoning, per the report, is that plenty of tokens gain traction with no active team behind them, so creator fees end up paying deployers who contribute nothing after day one. Its CEO framed the update as rewarding traders and real projects.
Zora starts trading the hype itself
Two days earlier, on Feb. 17, onchain social platform Zora launched attention markets on Solana, CoinDesk reports. Anyone can create a market for 1 SOL, then traders take positions on whether a hashtag, meme or theme gains or loses traction. Day one was modest: the main attentionmarkets token reached roughly a $70,000 market cap on about $200,000 of volume, with most other trend markets under $10,000.
What it means for degens
Cashback Coins realign incentives in your favour on paper β but locking the setting also removes the CTO escape hatch that has rescued abandoned tickers before. Read which flavour a coin is before you touch it, because the fee model now tells you something real about who is being paid while you trade.
Pump.fun overhauls creator fees, launches trader 'cashback coins'crypto.news on how the two fee models work and what is locked at launch.crypto.news The Protocol: Zora moves to SolanaCoinDesk on Zora's attention markets, the 1 SOL creation fee and first-day volumes.www.coindesk.com