Wu Shuo learned that PumpFun stated it has destroyed all previously repurchased PUMP tokens, approximately $370 million, accounting for about 36% of the circulating supply, in response to market doubts about the purpose and sustainability of the buybacks; at the same time, it announced that in the next year, 50% of its revenue will be used for programmatic buybacks and burns to reduce circulating supply and enhance mechanism certainty; this move is an adjustment taken after about 9 months of high-income operations to address market trust issues.