Welcome to Pump.fun!
Pump lets anyone create coins, giving everyone equal access to buy and sell from the start. Prices can move quickly, so trade carefully.
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$PAID
Every trade pays 30 bps into the coin's own reserve. The reserve buys yield-bearing assets, and 80% of what it earns raises a price the curve will always buy back at. You do not claim it. You just hold the coin.