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Why referrals have to place trades to receive up to $50 deposit matches We’ve seen some rumors that the trade requirement for both the referrer and the referral to receive $50 is so that Pumpfun doesn’t have to payout as much rewards - this couldn’t be further from the truth, and the reason WHY this requirement is in place is far better for the Pumpfun app and the pump ecosystem as a whole Our goal isn’t to get downloads, our goal is to RETAIN new users who can benefit every single one of you who shows up every day: 1) There’s no point in us onboarding retail if they onramp, take the cash and move it straight back offchain. We want new users to actually stick around and get involved in the ecosystem, and giving someone a consistent financial incentive across multiple days is statistically one of the most effective ways to increase trader retention. 2) For referrers, better trader retention means followers who continue to tune into what you’re trading and what you’re calling out, which makes you far stickier as a followed account than a one-off signup would. 3) It of course prevents mass fraud. For over a month, deposit matching quietly rolled out on the Pumpfun app, to which end we saw mass fraud and sophisticated attacks. Without the trade requirement in place, the program would get defrauded to the extent that it would be shut down for everyone, including the people using it properly.
yesterday, i called out a 17x where the 50 followers who tailed me collectively made $2,300 in profits as a result, @Pumpfun rewarded me with $1,607 sharing for transparency with the new callouts update
$swordcat has distributed over $200,000 in Holder Rewards since it launched 19 days ago!
I've been trying to tell you that Pumpfun is just giving away free money. All you have to do is invite your friends and if they deposit $50, you get $50 as well. Rinse this, it's easy money. Download the app and input my referral code: bolivian pump.fun/join/bolivian
The MOST REWARDING referral program in crypto’s history. We’re giving away ALL of the Pumpfun App’s revenue via rewards! - Your referral deposits $50 → both of you get $50 on top - ~10% reduced fees for your referrals - Referrers get a limited-time 4x boost Learn more 👇
PumpFun is running a MASSIVE referral program right now! 🟢 Download the app using my referral code CHAIRMAN, deposit $50, and PumpFun will match it with another $50. That's $50 extra just for signing up and depositing. It’s literally free money. pump.fun/join/chairman Referral code: CHAIRMAN
Thank you @Pumpfun Still no better place to trade and make a name for yourself. What are you waiting for?
YO WHAT THE HELL Nah Pumpfun might actually be the most valuable trading experience there is in all of finance
The MOST REWARDING referral program in crypto’s history. We’re giving away ALL of the Pumpfun App’s revenue via rewards! - Your referral deposits $50 → both of you get $50 on top - ~10% reduced fees for your referrals - Referrers get a limited-time 4x boost Learn more 👇
Read more: x.com/a1lon9/status/…
We've been thinking a lot about how to grow the Pumpfun app to 10 million users in the fastest way possible. After dedicating significant resources to building the most performant product in the market and introducing crypto’s most novel rewards system in callout rewards, the
The MOST REWARDING referral program in crypto’s history. We’re giving away ALL of the Pumpfun App’s revenue via rewards! - Your referral deposits $50 → both of you get $50 on top - ~10% reduced fees for your referrals - Referrers get a limited-time 4x boost Learn more 👇
We've been thinking a lot about how to grow the Pumpfun app to 10 million users in the fastest way possible. After dedicating significant resources to building the most performant product in the market and introducing crypto’s most novel rewards system in callout rewards, the answer was obvious: reward the community who help us grow the Pumpfun App. Despite our relentless belief in our own ability to grow the app, strength in numbers >>> So far, we’ve spent nearly $20,000,000 in ~2 months rewarding our users via Callout Rewards, but that isn’t enough - our vision is to make the Pumpfun app the most rewarding app on Earth. Introducing referrals and allowing the Callout Rewards pot to organically grow via a platform fee fixes this. The issue with our prior approach was that users wouldn’t necessarily be able to capture the upside in the network’s growth. Even if the Pumpfun App grew 10x, users would have no guarantee that the Callout Rewards pot, for instance, would scale past the ~$300k/day that it’s been averaging thus far. Why invest your time and social capital building your Pumpfun profile if you don’t have certainty around the longevity and scalability of the total pot? Users deserve to have certainty and the potential to capture a part of the app’s upside. With the introduction of fees - which are LOWER than any social trading app - we’re able to continue spending millions of our own dollars on in-app incentives like Callout Rewards, trading competitions, and so much more. All platform fees that do NOT go to referrals will go towards INCREASING the Callout Rewards pot. $300k/day is the baseline. The Pumpfun app is already the most rewarding platform in crypto by a wide margin, and now anyone can get EVEN more exposure to its growth by helping us grow it. An app with endless upside. An app built to reward its users. Sent from my Pumpfun App
The MOST REWARDING referral program in crypto’s history. We’re giving away ALL of the Pumpfun App’s revenue via rewards! - Your referral deposits $50 → both of you get $50 on top - ~10% reduced fees for your referrals - Referrers get a limited-time 4x boost Learn more 👇
The new @Pumpfun callout algorithm is promoting PVE This would not have happened pre - callout adjustment. Now people are incentivized to hold rather than nuke immediately. I have to adapt to this new setup now I think we will see the real good narratives start to run much higher
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