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How to choose a reward token for your memecoin: SOL, your own coin or any token

Pay holders in SOL, in your own coin, or in another token? The trade offs of each reward option on GreenDildo, including sell pressure, payout timing and which suits which community.

10 November 2026 · 3 min read · GreenDildo team

When you launch on GreenDildo, one choice shapes your coin more than any other: what your holders are paid in. Every coin pays 2% of all trading volume to holders, and you decide whether that arrives as SOL, as more of your own coin, or as another token.

The choice is permanent, so it is worth getting right. Here is how each option works and who it suits.

The three options at a glance

SOLYour own coinAny other token
What holders receiveSOLMore of your coinThe token you pick
Tax sold on the chartHolders' and platform sharePlatform share onlyHolders' and platform share
Paid outWhen the payout target is reachedWhen the payout target is reachedWhen the payout target is reached
Best forMost coinsCommunities who want to stackThemed coins

Paying holders in SOL

SOL is the simplest and most popular choice. Everyone on Solana understands it, it never needs explaining, and payouts start as soon as a little volume comes in.

The trade off is that the holders' share of the tax has to be sold for SOL, so there is a steady trickle of small sells on your chart while the tax is cleared. Each sell is capped to keep the price impact small.

Choose SOL if you want the widest appeal and the most frequent payouts.

Paying holders in your own coin

When a coin pays holders in itself, their share of the tax is never sold. It is sent straight to holders as more of the coin. Only the platform's 1% is sold, so there is far less sell pressure on the chart.

The trade off is that holders get paid in the coin itself, so the value of their rewards rises and falls with the coin.

Choose your own coin if your community wants to keep stacking the coin, or you want the lightest possible selling on your chart.

Paying holders in another token

You can pay holders in any Solana token with at least $10K of liquidity: a stablecoin like USDC, a blue chip like JUP, a community favourite like BONK, or even tokenized stocks. Read more in our guide to xStocks rewards.

The holders' share is sold for SOL, then swapped into your chosen token just before each payout. Because many holders will need a new token account to receive it, payouts wait until the coin hits its payout target, so account costs stay a small part of each round.

Choose another token if your coin has a theme that matches a token, or your community wants rewards in something steady like a stablecoin.

Questions to ask yourself

  • Will my holders flip or hold? Holders who stack suit paying in your own coin. Holders who want income suit SOL or a stablecoin.
  • How busy will my coin be? Quieter coins pay out more often in SOL or their own coin, thanks to the lower minimum.
  • Does my coin have a theme? A themed reward is a story people share, and stories bring buyers.
  • How much do I care about the chart? Paying in your own coin means the least selling.

Frequently asked questions

Can I change the reward token after launch?

No. The reward token is fixed at launch, so choose carefully.

Which reward token pays out most often?

SOL and your own coin, since there is no extra swap before each payout. Every option pays on the same market cap targets.

Does paying holders in my own coin mean no selling at all?

Almost. The holders' 2% is never sold. Only the platform's 1% share is sold.

Can I pay holders in a stablecoin?

Yes. Any Solana token with at least $10K of liquidity works, including USDC.