Buyback stats as an indirect cashflow for PUMP holders
Pump.fun consistently executes PUMP buybacks using 25% of Pump.fun revenue. This can be theoretically appointed as an indirect cashflow stream (Return of Capital in TradFi) distributed to all token holders due to the quasi-deflation.
Quasi-deflation term is used since tokens aren't burned, and can be theoretically used in the future.
[2] = ƒ(token_extant, token_buybacked)
token_extant — the amount of $PUMP circulating supply before the given buyback timeframetoken_buybacked — the amount of PUMP bought back in a given timeframe with a given amount of AMM feesGrants holders theoretical [it was announced, but there is no a single case yet] right to participate in promotional giveaways by pump.fun. The specifics of these giveaways are not disclosed, but they are possibly denominated in PUMP itself, a quantity of which is reserved for ecosystem and community purposes.
Token can be considered as a meta-meme token, uniting all memecoins issued on pump.fun under one narrative-driven asset
[8] = ƒ(price)
price — the spot price of PUMP