Paid: Token issuance feature now live on Pons, supporting automatic fee splitting for creators

BlockBeats news, September 19 - Solana ecosystem project Paid announced that it has launched a token issuance feature on Pons. According to the official statement, 80% of the fees will be sent to X users via X Money, while 20% will be converted to SOL for buying back PAID tokens. Issuers can include their X Handle in the project text description to enable fee distribution through X Money.

Public information shows that UsePaid is an automated fee-sharing tool for token creators, allowing project teams to import creator fees generated from Meme coins into UsePaid for distribution or buyback and burn.

According to GMGN market data, the market cap of PAID on Solana is currently reported at $23.7 million, with a 24-hour decline of 25%.

BlockBeats reminds users that related token prices are highly volatile, and investment requires caution.