Pump.fun Introduces Holder Rewards and Removes Cashback Mode for New Launches

Pump.fun has announced a change to its reward structure for new token launches. The platform has removed the Cashback Mode, which previously provided trading fee rebates, and introduced a new Holder Rewards system. Under this new setup, wallets holding more than $20 worth of an eligible token receive automatic fee payouts several times an hour. Existing Cashback coins require users to apply to switch to the new system. The fees associated with a Holder Rewards token are directed to Pump.fun, benefiting holders who meet the criteria. This change aims to incentivize long-term holding and active participation within the Pump.fun ecosystem.