A popular Meme coin issuance platform on the Solana ecosystem has recently had new thoughts. The co-founders revealed in an internal sharing that the current creator fee model needs to be adjusted, and a series of structural changes are on the way.

Looking back at this development process is quite interesting. A few months ago, they launched Dynamic Fees V1, originally intended to incentivize creators' fees to attract more tokens with clear project plans and team support to launch on the platform. This move initially had good results—indeed, a large number of creators who had never engaged with crypto applications before started flooding into the platform to issue tokens and live stream sales, and on-chain trading activity also surged.

But the problem arose. This growth model simply couldn't sustain itself and exposed some key structural issues within the platform.

Creator fees are helpful for "project tokens" backed by real teams and clear goals, but for ordinary Meme coin issuers, the effect was underwhelming. It might have even backfired—users are more incentivized to engage in low-risk "token issuance" rather than participate in high-risk but more meaningful "trading" activities for the ecosystem. The logic here is quite simple: what the platform truly needs are traders. Successful tokens often grow in environments where traders actively participate, continuously provide liquidity, and are willing to take risks.

There's also a detail—currently, the creator fee mechanism is not very functional in practice, and the user experience is average, which directly limits its role in community building and narrative expansion.

Overall, they still recognize the value of creator fees as an incentive tool, but it’s clear that a significant adjustment and optimization are needed.