⚙️Reward Mechanism

On the Binance Smart Chain (BSC), smart contracts can automatically calculates the amount of rewards to a specific holder according to their holdings. Solana Token2022 doesn't have this feature built-in, so we had to create our own solution. SafeSol has developed an in-house tax distribution script for $SAFE holders on Solana.

Here’s how it works:

8% tokens from all buys, sells & transfers are set aside as a claimable tax by the Tax Authority Delegate wallet.
Our script refreshes every 15-30 minutes to claim tokens gathered from transfer fees.
From all the tokens, 70% is evenly distributed amongst all $SAFE holders based on the amount of $SAFE they held. This means the more $SAFE you hold the more rewards you will get by holding. 20% will be burned forever to make $SAFE Deflationary. 10% from it will be used for marketing.
The process will be repeated every 30 minutes.

Our script ensures $SAFE holders receive their rewards efficiently.

PreviousAbout SafeSol NextDashboard

Last updated 6 months ago

On the Binance Smart Chain (BSC), smart contracts can automatically calculates the amount of rewards to a specific holder according to their holdings. Solana Token2022 doesn't have this feature built-in, so we had to create our own solution. SafeSol has developed an in-house tax distribution script for $SAFE holders on Solana.

Here’s how it works:

8% tokens from all buys, sells & transfers are set aside as a claimable tax by the Tax Authority Delegate wallet.
Our script refreshes every 15-30 minutes to claim tokens gathered from transfer fees.
From all the tokens, 70% is evenly distributed amongst all $SAFE holders based on the amount of $SAFE they held. This means the more $SAFE you hold the more rewards you will get by holding. 20% will be burned forever to make $SAFE Deflationary. 10% from it will be used for marketing.
The process will be repeated every 30 minutes.

Our script ensures $SAFE holders receive their rewards efficiently.