Alon: The early reward mechanism of Pump.fun resulted in an increase in junk content, and the algorithm has been adjusted

Pump.fun founder Alon stated that the Callout Rewards V1 version unintentionally incentivized incorrect behavior, leading to an increase in low-quality junk content. The team has updated the reward algorithm to prioritize quality over quantity in revenue, and to reduce the marginal revenue of daily call outs. Currently, Pump.fun has distributed rewards to accounts of different sizes. In the future, the incentive logic will revolve around discovering high-quality tokens, building trader trust, and receiving rewards based on trading volume.