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How Paid & Burned works

A coin on Pump points its fees at us. We claim them on chain, pay 50% in dollars to the X account the coin is about and use the other 50% to buy back and burn the coin. Nobody has to sign up to get paid.

1Overview

Most coins are about someone: a person, a meme they started, a story people are telling about them on X. Paid & Burned makes sure that person gets paid, and that the coin itself gets stronger every time it trades.

A coin launches on Pump with its fees pointed at the Paid & Burned vault, and names the X account the coin is about. From there it's mechanical. Fees build up as the coin trades, we claim them on chain, and every claim is split in half. One half is paid in dollars to that X account. The other half buys the coin back on the open market and burns it. Both halves are recorded against the claim that produced them.

2Supported venue

Coins launch on Pump. Pump lets a deployer choose where a coin's fees go at launch, which is all Paid & Burned needs.

3Directing fees

Launching through our Launch page points the fees at the vault automatically. If you already launched a coin on Pump, change its fee recipient to the vault address, then register the mint on the Launch page under Register. Registration only links the mint to its X account. It never touches your coin's contract.

4The X account behind the story

The payout doesn't go to whoever deployed the coin. It goes to the X account the coin is about, the person whose post, joke or moment the coin is built around. The launcher picks that account from the search on the Launch page.

The account doesn't need to sign up or know about the coin in advance. Its payouts build up until they're collected. A coin names exactly one X account, and it can't be changed after launch.

5The 50/50 split

Every claim is divided exactly in half. There is no third bucket, no house token and no hidden cut.

50% To X
50% buyback & burn

Most fee routers keep a slice to buy their own platform token. Here, the other half goes straight back into the coin that earned it, so the people trading it are the ones who benefit.

6How claims work

The vault watches for fee changes on every registered mint. When a coin's unclaimed fees are worth more than the cost of claiming them, the claim is sent. Very small balances wait until they're worth claiming. Each claim gets an ID, and that ID appears on both the payout and the burn it funds.

8Buyback & burn

The burn half market-buys the same coin that generated the fees. Large buybacks are split into smaller orders to keep price impact low. Bought tokens are then burned in a public transaction. The burn ledger links every burn to its claim, its buy transaction and its burn transaction.

9Why burn

Burning is the most direct way to return value to holders without picking winners. Every trade creates a little buy pressure and permanently removes supply. The more a coin trades, the more it burns. Holders win when the coin trades, and so does the person it's about.

10Unclaimed payouts

If an X account hasn't collected yet, its half stays reserved for it. It's never redirected, and the burn half keeps running as normal either way.

11Stopping payments

Any X account can opt out of payouts on the Opt out page. Once it does, new coins can't name that account. Existing coins that name it keep burning, and any balance reserved for it is burned too.

12Glossary

Vault
The on-chain account every registered coin's fees are pointed at.
Claim
One collection of fees from a single coin, split 50/50 in the same step.
X account
The account the coin is about. It receives half of every claim in dollars.
Buyback
A market purchase of the coin, funded by the burn half.
Burn
Sending bought tokens to an address nobody can spend from, removing them from supply.