PANews December 26 news, Pump Science announced on platform X that the token economics design has been completed and a BIO airdrop event will take place. Regarding the token economics design: 5% of the future token supply will be allocated to holders of previous tokens (at the time of migration), who currently hold more PS tokens (RIF, URO) will receive new tokens in the future; this mechanism will continue as long as there are new issuances (forever). Regarding the BIO airdrop event, BIO Protocol will airdrop BIO to holders of URO and RIF, waiting for governance approval to connect BIO to Solana, and more airdrops are being considered.
According to the concise white paper of Pump Science's token economics, its key elements are as follows:
①Custom Bonding Curve: Each token issuance starts with a custom bonding curve, the parameters of which are the same as those used on pump.fun. The bonding curve ensures that tokens begin with an initial market value of approximately $5,000. As liquidity increases, the price rises along the bonding curve, and when liquidity reaches 85 SOL, it will migrate to the automated market maker Meteora.
②Liquidity Migration: When liquidity reaches 85 SOL: 82 SOL is migrated to Meteora's constant product liquidity pool (LP); 3 SOL is allocated to the first research experiment to ensure immediate funding impact.
③Anti-Bot Measures: To prevent bots from seizing early token supplies without relying on whitelists or secondary token purchases, the trading fees on the bonding curve are set extremely high at the start. These fees will decrease over time, providing users with a fair chance to compete with bots and acquire tokens at reasonable prices.
④Token Issuance: A total of 800 million tokens will be issued along the bonding curve; when migrating to the liquidity pool, 150 million tokens and 82 SOL will be transferred to the liquidity pool; approximately 50 million tokens will be proportionally airdropped to holders of previously issued pump.science tokens (URO, RIF, etc.), with the airdrop distribution based on the time-weighted average value held in each wallet during a specified period.
⑤Airdrop Mechanism: Holders of previously issued pump.science tokens will receive airdrops of future token issuances. The relative value of each wallet's holdings determines the allocation, incentivizing long-term participation in token issuance for future airdrop distributions.
⑥Funding Research through Liquidity Pool Fees: Research funding comes from liquidity pool fees generated by trading activities; the migrated liquidity is locked in the Meteora pool, but liquidity pool tokens will not be destroyed; the claim rights to the liquidity pool tokens will be granted to pump.science, allowing the platform to use liquidity pool fees to fund research.