Rewards
🎁 Claiming Rewards
Every token launched on SnakePad enforces a transfer tax — and those fees get distributed to holders, developers, and the platform treasury.
SnakePad makes it easy to track and claim your rewards from any token you hold — directly on-chain.
💸 What are my rewards paid in?
Your rewards are paid in the native token that you hold.
✅ Future update: claim your rewards as SOL + in any other Token (including $SNAKE!)
💸 Where Do Rewards Come From?
Every buy, sell, or transfer of a SnakePad-launched token triggers a Token-2022 transfer fee. That tax is automatically withheld and routed to a rewards vault.
Typical fee breakdown:
✅ 60–80% to holders (based on token config)
✅ 10–30% to developer or project wallet (based on token config)
✅ 5% to SnakePad platform treasury (static)
✅ 5% to Burn address - ensuring every token launched is deflationary
These fees accumulate in the background every 12hrs and are claimable at any time.
📥 How to Claim Rewards
Connect your wallet
You'll see all tokens you hold that have unclaimed rewards
Click “Claim Rewards” on the specific token you hold
Choose your payout method:
Native Token (e.g. $FROGPAD), the only option for now
$SNAKE (coming soon!)
⏱️ How Are Rewards Calculated?
Rewards are based on:
How many tokens you hold
How long you’ve held them (time-weighted)
How much volume the token has had (more trading = more tax = more rewards)
Rewards update every 12 hours.
💡 Tips
Holding longer = more rewards (time-weighted logic based on feed generated)
You can view your rewards dashboard at any time — even before claiming
🔒 Are My Rewards Safe?
Yes — all rewards are held in a secure PDA-controlled vault and are fully claimable at any time. You never need to trust the devs or SnakePad to distribute.
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