Solana ecosystem project Paid said it has launched a token issuance function on Pons. According to the project, 80% of the fees generated through the feature will be sent to X users through X Money, while the remaining 20% will be converted into SOL and used to buy back PAID tokens. Paid also said issuers can enable fee distribution through X Money by adding an X handle to a project’s text description. The update was disclosed in a post from the project’s official X account. No additional rollout details were provided in the source material.
Solana ecosystem project Paid said it has launched a token issuance feature on Pons.
According to the project, 80% of the fees tied to the feature will be sent to X users through X Money. The other 20% will be converted into SOL and used to buy back PAID tokens.
Paid said issuers can send fees through X Money by adding an X handle in a project’s text description.
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