Analyst: Pump.fun's "50% creator revenue sharing" policy is suspected to be an additional fee charged to the community

Crypto analyst Topher questioned the "creator revenue sharing 50%" policy announced by pump.fun, stating that it may only be an additional fee charged to the community. In the previous PumpSwap fee model, the liquidity pool fee was 0.20% and the platform fee was 0.05%; The current model adds a 0.05% creator handling fee sharing on this basis. Topher believes that in fact, the community is paying extra fees to support creators, and Pump's own income has not returned 50% of DEX income as claimed, which is misleading. He questioned why Pump would charge an additional 2.5 basis points on DEX, considering that the bonding curve contributes almost all of Pump's revenue. In his opinion, this is not a wise move.