Svmuu News: The co-founder of Solana meme coin launchpad Pumpfun posted a message stating that the current creator fee mechanism needs to be adjusted and that the platform will undergo a series of structural changes in the future. He noted that Dynamic Fees V1, launched several months ago, was originally intended to incentivize high-quality project teams to deploy tokens on the platform and drive project development through creator fees. Shortly after the mechanism went live, the results were evident: a large number of creators who had not previously engaged with crypto applications began issuing tokens and streaming on the platform, driving a rapid increase in on-chain activity. However, he pointed out that this growth model is unsustainable and has exposed critical issues within the platform. The company stated that creator fees are beneficial for “project-based tokens” with clear teams and objectives, but they have not substantially altered the behavior of ordinary meme coin issuers. Instead, they may lead to misaligned incentives, causing users to favor low-risk token issuance over high-risk trading activities—which are more critical to the platform’s ecosystem. Pumpfun believes that traders are the core of the platform, and successful tokens are more likely to emerge in an environment where traders actively participate, provide liquidity, and take on risk. Additionally, it pointed out that existing creator fees lack sufficient functionality and a good user experience at the implementation level, limiting their potential role in narrative expansion and community building. Overall, Pumpfun believes that creator fees remain an important tool for incentivizing high-quality projects, but they require optimization in terms of both mechanism and user experience; simultaneously, not all tokens need to have creator fees. Moving forward, the platform will adopt a more market-driven approach, allowing traders to decide whether a token should have a creator fee and how those fees should be utilized. The platform stated that related adjustments are still underway and that more information regarding platform development and Pumpfun’s future direction will be released in the coming months. It also expressed anticipation for the evolution of the ecosystem in 2026.