Pump.fun co-founder Alon announced on the X platform that its Creator Fees mechanism will undergo significant changes. While the existing mechanism is effective for tokens from projects with established teams, it excessively incentivizes the creation of low-risk tokens rather than high-risk transactions, and suffers from a lack of usability and a poor user experience. Therefore, the platform will adopt a market-based approach to reform, allowing traders to decide whether a narrative deserves creator fees and how those fees should be used. Successful tokens are more likely to emerge in an environment that incentivizes trader participation, provides liquidity, generates trading volume, and encourages risk-taking. More information regarding content development and the future of the PUMP token will be released later.