Payback $PAID
Welcome to Payback ($PAID) – The Future of Passive Rewards
Earn. Vote. Repeat.
Payback ($PAID) is an automated
tax/reward token on BSC starting
with a scarce 21 million supply, offering
effortless passive income.
Just hold $PAID—no staking, no claiming,
rewards accumulate and supply reduces
automatically, 5% Tax Breakdown
4% Rewards – Earn passive income.
1% Burn – Reducing supply over time.
Governance – Tax rates can be voted on
and reduced if needed.
How It Works:
Hold $PAID – Earn rewards automatically.
Vote – Shape tax rates and future rewards.
Enjoy – Watch your earnings grow.
Earn. Vote. Repeat.
Payback ($PAID) is an automated
tax/reward token on BSC starting
with a scarce 21 million supply, offering
effortless passive income.
Just hold $PAID—no staking, no claiming,
rewards accumulate and supply reduces
automatically, 5% Tax Breakdown
4% Rewards – Earn passive income.
1% Burn – Reducing supply over time.
Governance – Tax rates can be voted on
and reduced if needed.
How It Works:
Hold $PAID – Earn rewards automatically.
Vote – Shape tax rates and future rewards.
Enjoy – Watch your earnings grow.
Meet The DEVS
DEVON
Lead Developer
DEVON
Lead Developer
Meet The DEVS
Bubba
Co-Developer
Bubba
Co-Developer
THE PROBLEM
The Problems with Tax/Reward Tokens
Tax/reward tokens promise passive income but often fail due to flawed mechanics,
high costs, and exploitation by insiders.
Instead of sustainable rewards, investors face declining payouts, falling token prices, and eventual collapse.
As volume drops, so do rewards, triggering investor sell-offs and price declines.
shrinking payouts and plummeting token value.
Conclusion Tax/reward tokens are fundamentally flawed,
and on Solana, the risks are even greater. With no real oversight, the system favors scammers over investors,
making it a dangerous market where the odds are stacked against retail participants.
Instead of sustainable rewards, investors face declining payouts, falling token prices, and eventual collapse.
Why They Fail Unsustainable Rewards
These tokens rely on high trading volume to fund payouts.As volume drops, so do rewards, triggering investor sell-offs and price declines.
High Gas Costs
On-chain distributions require gas fees.
When volume slows, reward costs can exceed revenue, draining liquidity.Broken Promises
Investors expect passive income
but experience shrinking payouts and plummeting token value.
Exploited by Developers
Many tokens
are controlled by insiders who manipulate contract mechanics
to extract liquidity before abandoning the project.Lack of Transparency
Despite claims of decentralization,
many tokens are run by a small group with unchecked control.
Off-chain transactions make tracking funds difficult.The Bigger Issue: Solana’s Corrupt Ecosystem
Solana amplifies these risks, making it a haven for scams and fraud.Fake Trending & Paid Promotions
Platforms like Dexscreener and Dextools
accept payments to artificially boost scam tokens. Wash Trading & Fake Volume
Scammers use bots and “sleeper wallets” to simulate demand,
luring real investors before rug-pulling. Endless Scam Cycles
Cheap and fast token launches
allow bad actors to repeatedly drain liquidity before moving to the next scheme. No Oversight, No Protection
Unlike other blockchains,
Solana lacks safeguards against fraud, making it easy for bad actors to thrive.Conclusion Tax/reward tokens are fundamentally flawed,
and on Solana, the risks are even greater. With no real oversight, the system favors scammers over investors,
making it a dangerous market where the odds are stacked against retail participants.
$PAID WHITEPAPER
What is Payback?
Payback ($PAID) is an innovative cryptocurrency
token with a 21 million supply built on the Binance Smart Chain (BSC)
with a unique tax and rewards structure aimed at creating a
sustainable and community-driven ecosystem. Payback is designed to
reward its holders directly on a per-transaction basis while incorporating
mechanisms to maintain long-term viability like the 1% burning mechanism allocation.
Unlike other reward-based tokens that distribute payouts on a set timer,
Payback ensures that rewards
are only distributed when transaction volume supports it, preventing unsustainable tokenomics.
The smart contract behind $PAID is engineered to optimize efficiency, ensuring gas fees are accounted for before any distributions occur. The platform also integrates a governance model allowing the community to vote on tax reductions, reward structures, and liquidity pool adjustments to ensure adaptability to market conditions.
The tax percentage is modifiable but can only be decreased, never increased. Any modifications will be determined through a community vote conducted in the project's Telegram group. Likewise, the rewards structure can be adjusted based on market conditions and community consensus, ensuring alignment with Binance Coin (BNB) price movements. The liquidity pool (LP) consists of four tokens pegged to BSC to ensure balanced risk management.
be modified through governance voting if favorable conditions arise.
Development funding will come from the same rewards mechanism, ensuring long-term growth and security for both investors and the project itself. With a first-of-its-kind tax/reward structure on BSC, Payback aims to lead the charge in sustainable tokenomics, governance, and investor-first transparency.
The smart contract behind $PAID is engineered to optimize efficiency, ensuring gas fees are accounted for before any distributions occur. The platform also integrates a governance model allowing the community to vote on tax reductions, reward structures, and liquidity pool adjustments to ensure adaptability to market conditions.
Summary
Payback introduces a fair and flexible reward-based tokenomics system with a 5% tax on transactions. This tax is allocated as follows:4% Rewards
Paid out in a BSC-pegged token per transaction, ensuring sustainability without relying on preset distribution timers while avoiding unnecessary sell pressure on $PAID. Holders also benefit from the sells that take place on chain as well maximizing returns.
1% Burn Mechanism
Reducing total supply to create even more scarcity over time considering the initial 21 million token supply.
The tax percentage is modifiable but can only be decreased, never increased. Any modifications will be determined through a community vote conducted in the project's Telegram group. Likewise, the rewards structure can be adjusted based on market conditions and community consensus, ensuring alignment with Binance Coin (BNB) price movements. The liquidity pool (LP) consists of four tokens pegged to BSC to ensure balanced risk management.
The allocation is as follows :
10% Bitcoin (BTC) 10% Binance Coin (BNB) 10% Ethereum (ETH) 40% Tether (USDT)be modified through governance voting if favorable conditions arise.
Development funding will come from the same rewards mechanism, ensuring long-term growth and security for both investors and the project itself. With a first-of-its-kind tax/reward structure on BSC, Payback aims to lead the charge in sustainable tokenomics, governance, and investor-first transparency.