Pump.fun changes fee range for holder rewards tokens to 0.3%-1%

Pump.fun said it has changed the fee-setting range for Holder Rewards tokens to 0.3%-1%. Previously, holder rewards fees for trading pairs other than SOL and USDC could be set within a 0.01%-3% range. Pump.fun said the previous structure had triggered unnecessary participant competition, or PVP, in new tokens.