Protocol
$PAID
Standard creator fees fund recipient allocations, UsePaid treasury and buybacks. PAID token treasury fees separately fund buybacks in full. Pending allocations are not completed payments or burns.
Current collection split: 65% recipient pool / 10% UsePaid treasury / 25% buyback and burn. The 65/25/10 policy applies to fees collected at or after 2026-09-29T05:29:01.939Z. Deployer rewards come from the recipient pool. Earlier collections and existing balances keep their recorded split.
Buyback and burn activity
Current buyback and burn records are published on the Analytics page. A pending buyback is not a completed burn.
PAID token treasury fees fund buybacks in full.
What it is for
$PAID is the protocol's value accrual, not a governance token and not a fee token. Holding it does not change what UsePaid charges, who can launch, or who gets paid. Nothing about the bridge is gated behind it.
Buyback funding and completed burns are separate stages. Completed burns reduce supply; pending allocations do not.
- Ticker
- $PAID
- Home chain
- Solana, via pump.fun
- Funded by
- Protocol allocations and PAID treasury fees
- Mechanism
- Open-market buy, then burn
How the buy and burn works
- 1
A claim settles
Creator fees are claimed on chain and recorded as a fee event, keyed on the claim's own transaction signature. - 2
The cut is set aside
The collection-time buyback share is recorded against its source: 25% after the new split activates, or the original 20% for earlier collections. Execution costs reduce this budget; pending funding is not a completed burn. - 3
$PAID is bought on the open market
The protocol buys from the same market as everyone else, at whatever the price is when it buys. No special route and no discount. - 4
The tokens are burnt
Completed purchases and burns have on-chain transaction records. Check those records to establish execution.
Fees from other chains
A token earns its fees on whatever chain it launched on, but $PAID has one market and one burn instruction, both on Solana. So the cut earned on Robinhood Chain, via pons, has to reach Solana before it can be spent.
Cross-chain treasury replenishment depends on supported routes. Claims, conversion, funding and recipient payout are separate stages; the Capital Flow page describes that separation.
The result is that every chain the bridge carries tightens the same supply, rather than each chain getting a token of its own and splitting the liquidity.