We’re currently refining the reward system (the ‘bagwork flywheel’) to make it more sustainable and beneficial for everyone in the long term.
In the near future, we’ll introduce a daily earning limit based on how many $PIMP tokens you hold.
This change will help ensure that a significant portion of the distributed Solana rewards can be used for token buybacks, which will in turn allow us to increase payout limits over time.
The new structure will work like this:
For every 10,000 $PIMP tokens you hold, you’ll be able to earn up to $3 per day from the flywheel.
So, if you hold 100,000 tokens, your daily cap would be $30 - and it scales accordingly with larger holdings.
This rewards loyal holders while keeping the system healthy and focused on real growth
Good morning! We’ve got great news: Our Bagwork flywheel is currently financing itself almost 100% through the fees generated by the trading volume!
Even on days with low volume! Just imagine what will happen when volume picks up.👀
We've got even more good news:
The Bagwork flywheel is now receiving 50% more fees!
We've updated the fee distribution on $PIMP as follows:
40% to buybacks (unchanged)
60% to Bagwork (up from 40%)
And we've reduced the deployer fee from 20% to 0%.
This ensures our growth won't slow down!
You can track everything on our website:
https://t.co/zeuIAdJkGO
Tomorrow, we will increase the minimum holdings requirement from 80,000 to 150,000 $PIMP coins to join the Bagwork Tech.
It might be a good idea to grab some coins today!🤓
If you already have 80,000 coins, you have an additional 3 days to reach 150,000
Otherwise, the rule applies to all newbies: 150,000 $PIMP coins (instead of 80,000) are required to join the bagwork flywheel
PimpFun – The first functional Pumpfun Launchpad
How PimpFun works
Every coin launched via PimpFun:
- Uses the standard PumpFun bonding curve
- Pays the same trading fees as a normal PumpFun launch
Pimpfun takes a 90% of the existing Creator Fee provided by PumpFun and redistributes it through automated growth mechanisms called Flywheels.