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Pump.fun Co-founder: Adjusted the Callout Rewards algorithm; marginal returns diminish with frequent posting, encouraging recommendations of high-quality tokens

PANews October 4 reported that Pump.fun co-founder Alon stated that 2 months ago, it launched the 15000000 USD“Callout Rewards” (recommendation/referral rewards) program, aiming to make Pump.fun the most rewarding trading platform. However, the program’s V1 version inadvertently rewarded the wrong behavior, leading to an influx of low-quality spam while also discouraging users from creating high-quality content. The team subsequently updated the rewards algorithm, placing “quality” above “quantity”; this means that, as on other social media platforms, the more recommendations you post each day, the lower the return per recommendation will be. Alon emphasized that with each iteration, it is moving in the right direction. However, for such a high-return incentive program, truly achieving broad reach among the public remains...

Source: https://www.panewslab.com/zh/articles/01a104c9-d2cc-7585-8516-c73c891e792a