Capital flow
A cashtag becomes a coin, the coin earns creator fees, and those fees become dollars in the X account that tagged it. The 20% protocol share covers execution and $TAG buybacks.
01
Someone posts a cashtag
A unique $TICKER on X is the deploy instruction. No launchpad login. The posting account is the recipient.
02
We mint the memecoin
The coin is created on a supported venue with that ticker. Creator fees are pointed at the tag your cash treasury, permanently.
03
Fees are claimed on a schedule
Trading accrues creator fees. We claim them on chain, keyed to the transaction signature so a claim cannot be recorded twice.
04
Kraken converts it to dollars
The recipient share arrives as SOL and converts in batches, not one swap per payout.
05
USD lands in our X Money float
Payouts are sent from a pre-funded balance so a recipient is not waiting on an off-ramp.
06
The X user is paid
80% arrives in the tagged account through X Money. @TagYourCash replies with the receipt. 20% buys $TAG and burns it.
X Money operations
- Verification
- An X security key, held by the payout worker
- Send limit
- No hard cap on peer-to-peer sends
- Fee
- $0 per send
- Payout milestones
- $5, then $10, $20, $50, $100 and up