PANews reported on December 26 that Pump Science announced on the X platform that the token economics design has been completed and that a BIO airdrop will be conducted. Regarding the token economics design: 5% of the token supply issued in the future will be distributed to holders of previous tokens (at the time of migration). Those who now 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, BIO Protocol will airdrop BIO to holders of URO and RIF, pending governance approval to connect BIO to Solana, and more airdrops are under consideration. In addition, Pump Science reminds that only tokens in non-custodial wallets will be counted for airdrops.
According to the Pump Science Token Economics Lite White Paper, the key elements are as follows:
- ① Custom Bonding Curve: Each token issuance starts with a custom bonding curve with the same parameters as used on pump.fun. The bonding curve ensures that the token starts 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, liquidity will migrate to the automated market maker Meteora.
- ②Liquidity Migration: When reaching 85 SOL liquidity: 82 SOL migrated to Meteora’s constant product liquidity pool (LP); 3 SOL allocated to the first research experiment to ensure immediate funding impact.
- ③ Anti-bot measures: To prevent bots from grabbing early token supply without relying on whitelists or secondary token purchases, the bonding curve transaction fees are set extremely high at the beginning. These fees will decrease over time, providing users with an opportunity to compete fairly with bots and obtain tokens at a reasonable price.
- ④ Token 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.), and the airdrop allocation is based on the time-weighted average value held by each wallet over a specified period of time.
- ⑤ Airdrop mechanism: Holders of previously issued pump.science tokens will receive airdrops from future token issuances. The relative value of each wallet’s holdings determines the allocation, thereby incentivizing long-term participation in token issuance to obtain future airdrop allocations.
- ⑥ Funding research through liquidity pool fees: Research funds come from liquidity pool fees generated by trading activities; migrated liquidity is locked in the Meteora pool, but liquidity pool tokens will not be destroyed; the right to claim liquidity pool tokens is granted to pump.science, allowing the platform to use liquidity pool fees to fund research.
