The Founder of Pumpfun just said in order to truly scale and reach the most users, coins need to be in USDC
UBI is the perfect coin for this because not only is it a USDC pair but you are paid to be a holder, and the longer you hold the more you are rewarded
So far we have airdropped over $900 to holders of UBI and every 5 minutes all of the creator rewards are distributed to holders of the coin
This is the perfect retail coin to lead pumpfun's mission to onboard the world to memecoins
solana:EocT8aPVWRgReBBvN4DzdE1HWZEejA7HR3eesuJrpump
@cladzsol@jakeyPRMR Because the world is denominated in USD and not in Solana and if we want this product to be globally used we need to appeal to as many users as possible! Which also means more people will buy your coins!
over $4,200 now paid out to holders of solana:EocT8aPVWRgReBBvN4DzdE1HWZEejA7HR3eesuJrpump
check our website to keep track of payouts which are distributed every 5 minutes
site: https://t.co/NuNUKiqTtv
BREAKING:
Over 4,178 United States Dollars have been given to solana:EocT8aPVWRgReBBvN4DzdE1HWZEejA7HR3eesuJrpump holders in less than 24 hours.
You could also start earning USDC every 5 minutes and receive lifetime universal basic income, all you have to do is buy and hold a little bit of solana:EocT8aPVWRgReBBvN4DzdE1HWZEejA7HR3eesuJrpump
https://t.co/0M5t1t8xEN
The official solana:EocT8aPVWRgReBBvN4DzdE1HWZEejA7HR3eesuJrpump site is LIVE
https://t.co/8W0OWgKLDg
You are now able to watch live payouts to solana:EocT8aPVWRgReBBvN4DzdE1HWZEejA7HR3eesuJrpump holders in real time.
Every 5 minutes. On-chain. Forever.
EARLY
$3,400 has now been distributed to all solana:EocT8aPVWRgReBBvN4DzdE1HWZEejA7HR3eesuJrpump holders
Reminder: these fees and airdrops to holders increase greatly as the volume of the token increases
$UBI is now IMMUTABLE.
The reward program's upgrade key is burned. The program can never be changed again by anyone, including me.
100% of creator fees go to holders every 5 minutes, on chain, automatically FOREVER.
You can now get lifetime Universal Basic Income, just by holding $UBI.
Program ID:
https://t.co/xKAqsC96Jh
$UBI is becoming fully immutable. Here is exactly how it works.
Every trade on $UBI generates creator fees. Those fees no longer go to the dev wallet. We handed the fee authority to an on chain program, and that authority is already revoked, so the routing can never be changed by anyone, including us.
100% of the fees land in a vault that the program controls:
Vault: EEktrgCNSnAGNSaefMBj4q5RPri3Rfw8Gr1hCJdxYThj
Contract: ACUsjSJLrEutrEXieQ3d1ks1RGb3nwJEhNLhWFUpmzW9
The contract has no withdraw function. The only thing that can ever happen to those fees is that they get paid out to holders, split by how much each person holds. And because it is open source and lives on Solana, anyone can call the distribute function to pay holders, not just us.
Right now we are finishing the audit. Once it passes we burn the program upgrade key. After that no one can change the code, stop it, or touch the fees. Ever.
That makes the whole reward system fully trustless and immutable. Even if the dev disappeared, $UBI keeps running and keeps paying holders their Universal Basic Income.
Already live on mainnet and already paying holders every few minutes. Audit then burn is the last step.
Yes, and we apologize for the delay. Here is the honest reason.
Once you burn the program key, the contract is permanent. Any bug or vulnerability becomes impossible to fix, forever. That is what immutable actually means.
We are not here to pump and dump in an hour. We are building a long term token with a high ceiling, so we are taking the time to properly audit the contract and fix every potential vulnerability before we lock it in.
Rushing the burn and getting it wrong would put holders at risk permanently. Doing it right protects everyone. We are close, and we will share the audit before we lock it.
Almost 3 thousands dollars paid to the holders in just 6 hours.
That's someone monthly salary...
Universal Basic Income.
Going Immutable soon.
YOU ARE EXTREMELY EARLY.
$UBI is becoming fully immutable. Here is exactly how it works.
Every trade on $UBI generates creator fees. Those fees no longer go to the dev wallet. We handed the fee authority to an on chain program, and that authority is already revoked, so the routing can never be changed by anyone, including us.
100% of the fees land in a vault that the program controls:
Vault: EEktrgCNSnAGNSaefMBj4q5RPri3Rfw8Gr1hCJdxYThj
Contract: ACUsjSJLrEutrEXieQ3d1ks1RGb3nwJEhNLhWFUpmzW9
The contract has no withdraw function. The only thing that can ever happen to those fees is that they get paid out to holders, split by how much each person holds. And because it is open source and lives on Solana, anyone can call the distribute function to pay holders, not just us.
Right now we are finishing the audit. Once it passes we burn the program upgrade key. After that no one can change the code, stop it, or touch the fees. Ever.
That makes the whole reward system fully trustless and immutable. Even if the dev disappeared, $UBI keeps running and keeps paying holders their Universal Basic Income.
Already live on mainnet and already paying holders every few minutes. Audit then burn is the last step.
Universal Basic Income via crypto currency has been a hot topic for years and is becoming even more relevant now that AI is scaling and threatening to displace jobs
$UBI takes this concept, but instead gives unprejudiced and global access to holders as well as offering payouts every 5 minutes rather than only once a month, which is the standard rate proposed by most political leaders
Not to mention, this concept has been spoken about from many ceo's and political figures such as Elon Musk, Sam Altman, Andrew Yang, and many many more but has never been implemented up until now, all made possible by @pumpfun deployer fees