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How holder rewards work on Solana: the GreenDildo drip explained

A complete guide to Solana holder rewards on GreenDildo. How the 3% Token-2022 tax works, who gets paid, when payouts happen, what rewards can be paid in and how charts are protected.

9 November 2026 · 6 min read · GreenDildo team

GreenDildo is a Solana launchpad where every coin pays its holders. Every buy, sell and transfer of a GreenDildo coin carries a 3% tax, and 2% of all trading volume is paid back automatically to wallets holding $10 or more, in SOL, the coin itself or any token the creator picks. There is nothing to claim and nothing to stake. You hold, and the drip lands in your wallet.

This guide covers exactly how it works, from the moment a trade happens to the moment rewards arrive.

What are holder rewards on Solana?

Holder rewards are payments made to the people who hold a token, funded by activity on that token. On most launchpads, trading fees go to the platform or to the coin's creator. On GreenDildo, most of the fee goes to holders instead.

The idea is simple: traders who buy and sell often pay the tax, and patient holders collect it. The longer you hold and the more a coin trades, the more you earn.

How do memecoin holder rewards work?

Every GreenDildo coin follows the same cycle, around the clock:

  • A trade happens. Someone buys, sells or transfers the coin and 3% of the amount is set aside by the token itself.
  • The tax is collected. The drip collector gathers the set aside tax from every wallet that traded.
  • It is sold gently. The collected tokens are sold in small pieces that follow real buying demand.
  • Rewards are bought. The holder share buys the reward token the creator chose.
  • It drips out. Rewards are sent straight to every eligible wallet, split by how much each one holds.

The 3% Token-2022 transfer tax

Every coin launched on GreenDildo is a Token-2022 token with a 3% transfer fee built into the token itself. Because the fee lives in the token and not in a website or a single pool, it applies on every exchange, every aggregator and every wallet to wallet transfer.

Share of every tradeWhere it goes
2%Holders of the coin
1%Platform development and buybacks

The tax applies in both directions, so a round trip costs about 6% before any price movement. That is what funds the rewards, and it is why holding beats flipping on a GreenDildo coin.

How is the tax sold without dumping the chart?

This is the part most reward tokens get wrong. If a platform sells a large pile of collected tax in one go, the chart drops and holders lose more than they earn.

GreenDildo sells tax in small pieces that are sized against real demand. Each sale is capped by recent buying volume, by the depth of the market and by an hourly limit on how much supply can be sold. Larger coins can absorb larger sales, so the size scales with the coin. When there is no buying, there is no selling, and the tax simply waits.

How rewards are paid

Once enough has built up for a coin, a payout round goes out:

  • Eligibility: every wallet holding $10 or more of the coin at payout time
  • Split: pro rata, so a wallet holding twice as much receives twice as much
  • Delivery: sent straight to your wallet, with no claim button and no staking
  • Costs: only real network fees come out of the holder pot, with no hidden processing cut

You can see live payouts on the rewards page and each coin's own drip meter on its coin page.

When do holder rewards pay out?

A coin pays out when its pot reaches a target set by its market cap: $60 under $100K, $100 up to $1M, $250 up to $5M and $500 above. Busy coins can pay out up to twice an hour, and every round includes everything that has built up since the last one.

The targets keep network costs small compared to the payout itself. Quieter coins pay after 48 hours once $10 has built up, and the 7 day rule makes sure anything left is always paid.

What can rewards be paid in?

The creator chooses at launch, and the choice is permanent:

  • SOL: the classic option, paid straight to every eligible wallet
  • The coin itself: holders get more of the coin, and less of the tax is sold on the chart
  • Any token: any Solana token with at least $10K of liquidity, such as SOL, USDC or xStocks

When a coin pays in another token, the engine buys that token through Jupiter. Each buy is kept within a strict price impact limit, so busy coins on thinner tokens simply pay out in smaller, more frequent rounds instead of moving that token's price.

Do rewards continue after a coin graduates?

Yes. When a coin fills its bonding curve it moves to a Raydium pool, and the 3% tax keeps working exactly as before. At graduation the ability to change the tax is removed permanently, so the 3% rate can never be raised or lowered by anyone, including GreenDildo.

Reflection tokens vs GreenDildo holder rewards

Older reflection tokens split fees by sending tiny amounts of the token itself to every holder on every trade. That approach is expensive on chain, often breaks on exchanges and can only pay in the token itself.

GreenDildo collects the tax first, sells it carefully and pays holders in rounds. That means rewards can be paid in any token, network costs stay low, and the system works on every exchange.

How to launch a token that pays holders

Launching a coin with holder rewards on GreenDildo takes about a minute:

  • Pick a name, ticker and image.
  • Choose what holders are paid in: SOL, your coin or any token.
  • Add an optional dev buy in the same transaction.
  • Approve in your wallet. There is no launch fee.

Mint and freeze authority are removed at launch, metadata is stored permanently, and your ticker is protected for one hour so copycats cannot launch the same name. Ready to try it? Start a drip.

FAQ

Do I need to claim my rewards?

No. Rewards are sent straight to every eligible wallet automatically. Small amounts roll over until they are worth sending.

How much do I need to hold to get rewards?

You need $10 or more of a coin at the time a payout round goes out. Rewards are split by how much each eligible wallet holds.

Do rewards stop when a coin graduates?

No. The 3% tax is part of the token, so it keeps working on Raydium and every other exchange after graduation, and the rate is locked permanently at that point.

Who does not receive rewards?

Liquidity pools, the bonding curve, the drip collector and blacklisted wallets are excluded. Locker and staking platforms can apply to have their vaults paid to the real owners.

What happens if nobody qualifies for rewards?

The pot keeps building and pays out as soon as someone holds $10 or more. If a coin has no eligible holders for 30 days, its unpaid pot is released to the platform, as stated in the terms.

How much does it cost to launch a coin?

Launching is free apart from normal network fees. As the creator you earn 0.1% of every trade on your coin, paid in SOL automatically.