Pump.fun has burned $370 million worth of PUMP tokens, eliminating approximately 36% of its circulating supply to enhance transparency and restructure its token framework. This significant burn, executed in two transactions, aims to address community concerns about token management and supply clarity. In conjunction with the burn, Pump.fun has introduced a one-year programmatic buyback and burn plan, allocating 50% of its revenue to automated token purchases and burns via a locked smart contract. This initiative is designed to ensure predictable and continuous supply reduction. The remaining revenue will support operational costs and ecosystem growth, balancing immediate supply reduction with long-term development goals.