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
Go to the Rewards page
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.
Ready to claim your earnings? Visit the Rewards Dashboard →
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