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Paid
About
PAID is the native token powering the value accrual mechanism of UsePaid, a fee bridge that connects token creator fees with X Money payouts. Creator fees generated by supported tokens are routed through the UsePaid treasury, with 80% converted into dollars and paid to the X account designated by the token.
The remaining 20% is allocated to purchasing PAID on the open market and permanently burning the acquired tokens. This creates a direct connection between creator fee activity and the reduction of $PAID supply, with each buyback funded by fees that have already been generated and claimed.
PAID is focused specifically on this value accrual mechanism rather than governance, fee discounts, or access to platform features. The token does not control the fee routing process or determine who receives creator payments. Its primary role is to serve as the asset used for the protocol's buyback and burn mechanism, with activity recorded on chain for transparency.
The ecosystem is built around routing creator fees from supported token launches while maintaining a single PAID market and burn mechanism on Solana. As creator fees are processed, the corresponding buyback allocation is used to acquire and remove PAID from circulation, linking activity across the fee bridge to the token's supply reduction mechanism.
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