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Pump Protocol

Pump Protocol

Project

The protocol for token distribution and coordination

MEMEDeFi

About

Pump Protocol is a smart contract to create and distribute token which empowers trustless coordination where a focal point emerges naturally from the players’ collective behavior, without being pre-designated by an external authority. This resolves the coordination failure on pump.fun and creates an environment for optimal returns for traders. Users deposit their SOL into the protocol, and are given a pro-rata vote on which pump.fun token the entire protocol’s SOL should be deployed to. When a threshold criteria is met, the single token with the most votes will receive all of the collected capital. Pump Protocol will exchange its entire SOL balance for $WinnerToken on pump.fun. Tags: DeFi MEME Ecosystem(): Solana Founded:

Founded
2024 · 2y

History

2024
Jan 1, 2024founded

Founded

funding

Funding Round

Coinbase Ventures, Dragonfly, Blizzard Fund

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