was obvious and inevitable. few thoughts:
- goal of bonding curves is to easily bootstrap liquidity, ideally bonding curve -> amm should be efficient and seamless (study nft mints -> marketplace listing times). obvious, but traders like the migrating delay for comfortability and sniping wars.
- instant migration is generally good for news trading (assuming FIFO migration order) and bad for plays like AI (no DD time) — although same could apply for news trade, it allows for a more ‘natural’ price discovery. if you’ve had sufficient screen time it becomes very obvious what narratives from what accounts should be priced in at, and becomes a game of sniping and/or prefiring ‘trading retail.’ changes should mitigate snipers -> lower capital barrier and more skill expression.
Introducing PumpSwap, Pump’s new native DEX
beginning NOW all coins that complete their bonding curve will migrate directly to PumpSwap
PumpSwap enables
- instant migrations
- 0 migration fees (down from 6 SOL)
- more liquidity
- creator revenue sharing (coming soon)
& more 👇