Sun Yuchen Announces SunPump Revenue Buyback and Burn Plan

According to Odaily, Sun Yuchen recently announced on the X platform that the community had previously suggested burning liquidity LP tokens for SunPump's revenue buyback and burn process. This method, adopted by mainstream meme tokens like SHIB, offers several advantages, including increasing token liquidity depth, allowing the burned liquidity to remain usable, and better compliance with regulatory requirements. However, many community members do not fully understand the LP token burning mechanism, which can lead to misunderstandings. After discussions, the community agreed on a better approach. SunPump's revenue will be returned to the community through a 100% on-chain buyback and burn process. This method is easier to verify, with all fund destruction records available on the blockchain.