@0xngmi would you add pumpkin dot fun contracts to this? we are paying over 12% SOL (real yield) with single stake exposition. No lockupโstake and unstake anytime.
We're really close to learning the wrong lesson from 2025.
When Pumpkin introduced creator fee sharing earlier this year it was the first and only Solana launchpad to offer this. It proved to be a big innovation that we identified would require careful balancing - which is why we introduced native token staking rewards along with it.
I have always felt and am on record for saying that an improper balance of incentives between token deployers and token traders puts the entire game at risk of destabilization.
We have watched exactly this play out, and it has been sad to see. The launchpads with more money and bigger names immediately adopted the fee sharing model, but with little to no care or foresight.
For a short time the trenches were ecstatic about the fees that were being shared. It felt like creators/devs/deployers were finally getting their dues.
It didn't last.
The mass adoption of the creator fee sharing model made it -ev for most traders to trade, while simultaneously making it massively +ev to deploy tokens.
Memecoin traders are smart, and able to react and process information quickly - no surprise it took them very little time to pick up on this new edge. Tons of traders did the previously 'taboo' thing and became "devs".
The game breaks without traders, we all know that, but almost no one wants to trade anymore. You can't blame people either, trading was almost always the wrong play when you could make more with little to no risk by mass deploying tokens yourself.
Some predatory/exploitative launch tools didn't help with this, with very little care or thought other than maximum profit for their developers.
These days it seems the general sentiment on CT is that creator fees killed the trenches.
I largely agree with them.
Not because creator fees can't work - hardly - but because major players failed to recognize the fragile balance of incentives in the game we all were playing.
Balance really is fragile, and too often we learn this after the fact.
I'm hoping this time we're not too late to restore it.
We keep building. The trenches are weary and growing tired of the old game.
When Milestones start getting hit, people will realize how game changing they can be for both token deployers and traders.
Part of Pumpkin's v2 Milestone release was a visual upgrade, including completely custom Light and Dark modes.
Our team takes great pride in offering what we believe to be the best UX of any Solana launchpad.
We are always building and improving based on user feedback.
As a trader, it's important to understand the status of each Pumpkin Milestone - this one page legend breaks it down in detail so you'll never have to guess.
@piitien1603i@orangie100x We are increasing the odds of success to holders! 1 token = 1 Lottery ticket and prize is cold and pure $SOL, no points, no "ratification" tokens.
Surprise Feature: $PKIN Milestones
Our native token has been upgraded with Milestones.
The twist?
Only $PKIN stakers are eligible for these Milestone rewards.
These rewards also have a unique reward split:
45% - Lucky Draw Winner
45% - $PKIN Staking Pool
9% - Pumpkin
1% - Milestone Harvester
For too long the focus has been on rewarding token deployers alone. These targeted incentives manifested an imbalance in the trenches, which caused many traders to quit trading and deploy tokens instead.
With more people deploying than trading, tokens stopped running. We have all observed this happening in real time.
Pumpkin Milestones gamifies and balances incentives by rewarding traders and deployers alike with increasing SOL rewards at each Milestone.
1 Token = 1 Ticket
Hit a Milestone and Lucky Draw randomly selects a token holder to win the Milestone prize.
Prize claim window is 24 hours, after which another holder is randomly selected as winner. This repeats until the prize is claimed.
In addition to this deployers receive trading fees at a fixed .672% rate on every buy tx of their token.
Big changes are coming to the Solana trenches on 12/19/25.
It's time to start having fun again.