PANews, December 26: Pump Science announced on platform X that the token economics design has been completed and a BIO airdrop event will be held. Regarding the token economics design: 5% of the future issued token supply will be allocated to holders of previous tokens (at the time of migration), and those holding more PS tokens (RIF, URO) will receive new tokens in the future; this mechanism will continue as long as there are new issuances (forever). As for the BIO airdrop event, the BIO Protocol will airdrop BIO to holders of URO and RIF, awaiting governance approval to connect BIO to Solana, with more airdrops under consideration.
According to the streamlined white paper of Pump Science's token economics, its key elements are as follows:
①Custom Bonding Curve: Each token issuance begins with a custom bonding curve, the parameters of which are the same as those used on pump.fun. The bonding curve ensures that tokens start 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 be migrated to the automated market maker Meteora.
②Liquidity Migration: When liquidity reaches 85 SOL: 82 SOL will be migrated to the constant product liquidity pool (LP) of Meteora; 3 SOL will be allocated to the first research experiment to ensure immediate funding impact.
③Anti-bot Measures: To prevent bots from taking early token supplies without relying on whitelists or secondary token purchases, the curve trading fees are set extremely high at the start. These fees will decrease over time, providing users a fair opportunity 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 airdropped proportionally to holders of previously issued pump.science tokens (URO, RIF, etc.), with airdrop allocations based on the time-weighted average value held by each wallet during the 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 allocations.
⑥Funding Research Through Liquidity Pool Fees: Research funding comes from the liquidity pool fees generated by trading activities; the migrated liquidity is locked in the Meteora pool, but the liquidity pool tokens will not be destroyed; the entitlement to the liquidity pool tokens is granted to pump.science, allowing the platform to use liquidity pool fees to fund research.