🚀 The Pump.fun Smart Contract integrates with TOKEN2022, the latest upgrade to the SPL token program on Solana. TOKEN2022 introduces new features like programmatic governance, custom fees, and tax handling, making it ideal for projects needing flexible token mechanics and DeFi capabilities.
🔑 TOKEN2022 improves on the original SPL token standard, offering enhanced functionality and flexibility for tokenized assets. Key benefits include:
- 💰 Enhanced Tokenomics: Support for built-in tax mechanisms, royalties, and custom transaction fees.
- 🛠️ Improved Governance: On-chain governance enables seamless protocol upgrades and community-driven decision-making.
- ⚙️ Expanded Flexibility: Developers can create tokens with advanced behavior, optimizing interactions within decentralized applications.
🌐 Devnet Program Addresses
The following program addresses correspond to the Pumpfun smart contract’s integration with Raydium’s automated market maker (AMM) protocols:
Fu6WXgEQeVBrsvHbwh8vStwLxjA12E9KYjPzXnJ1sQC7
GY4gideNhYWJLkgxDW7q9hS6U2SrKb9AmSUbJPsWhEKB
🛠️ Global Configuration
- Set global settings from backend
- Configure fee account and swap protocol fee point
- Adjust bonding curve upper limitations
- Configure virtual SOL & token reserve settings
- Set tax fee and maximum tax from backend
🎯 Create Pool
- Launch TOKEN2022 on smart contract
- Create pool & launch token fee
- Disable mint & freeze authority on contract
💧 Liquidity Management
- Add liquidity with virtual reserve
- Buy/Sell using linear bonding curve
- Implement buy/sell protocol fee
- Remove liquidity to temporary operational wallet
🔄 Migration to Raydium CLMM
- Proxy initialization
- Proxy open position
🛠️ Global Configuration
- Set global settings from backend
- Configure fee account and swap protocol fee point
- Adjust bonding curve upper limitations
- Configure virtual SOL & token reserve settings
- Set tax fee and maximum tax from backend
🎯 Create Pool
- Launch TOKEN2022 on smart contract
- Create pool & launch token fee
- Disable mint & freeze authority on contract
💧 Liquidity Management
- Add liquidity with virtual reserve
- Buy/Sell using linear bonding curve
- Implement buy/sell protocol fee
- Remove liquidity to temporary operational wallet
🔄 Migration to Raydium CPMM
- Proxy initialization
💡 Creating a liquidity pool on Pumpfun involves minting TOKEN2022 tokens and establishing a pool for token swaps.
- Pool Creation Transaction:
View Transaction
💳 Users can purchase TOKEN2022 tokens via Pumpfun, with transaction fees applied for tax and platform-related charges.
- Purchase Transaction:
View Transaction
💸 TOKEN2022 tokens can be sold on Pumpfun, incorporating associated transaction fees.
- Sale Transaction:
View Transaction
🔄 Liquidity migration from Pumpfun to Raydium’s Concentrated Liquidity Market Maker (CLMM) improves capital efficiency.
- Liquidity Removal Transaction:
View Transaction
🔄 For projects preferring Raydium’s Constant Product Market Maker (CPMM), liquidity migration is possible via a dedicated transaction.
- Migration Transaction:
View Transaction
🎉 The integration of TOKEN2022 with Pumpfun unlocks new possibilities for decentralized applications on Solana. By leveraging Pumpfun's liquidity management and Raydium's AMM protocols, developers can create more efficient and versatile financial instruments.
For further inquiries or support, feel free to open an issue or reach out via Telegram.
- Telegram Support: Topsecretagent007
🧑💻 Lendon Bracewell – Developer and Blockchain Enthusiast
🔗 GitHub Profile
📧 Contact: topsecretagent_007