Quickstart

Taxpad: Automated Tax Management for Solana Tokens

Creating tax tokens on Solana isn't difficult, but managing tax distribution can be challenging. Token owners typically need to use scripts to handle various tasks like:

• Sending SOL to users

• Claiming fee wallets and merging them into one wallet for distribution

• Executing advanced functions that require coding knowledge, such as:

  • Burning 50% of tokens after collecting a certain proportion through taxes

  • Implementing automated buybacks at specific thresholds (e.g., every 1M tokens)

Taxpad solves these challenges by automating all these functions through our launchpad.

How It Works

For every token you launch through Taxpad, the withdrawWithheldAuthority and transferFeeConfigAuthority will be assigned to our Automation Wallet, which connects to our programs to perform various functions for you. You can set the transferFeeConfigAuthority to NULL if you want to lock your tax rates permanently.

You can easily configure what percentage of tax to distribute back to holders and what percentage goes to your team, all without writing a single line of code.

Launch Types

1. SOL Rewards Token

This launch type automatically converts your collected tax tokens into SOL and distributes them to your holders.

Example: Token $MOON collects 1,000 tokens in taxes (worth 5 SOL). The system automatically converts these tokens to SOL and distributes the 5 SOL proportionally to all holders based on their holding percentage.

2. Custom Rewards Token

This launch type converts your collected tax tokens into any token on Jupiter's Strict list (USDC, JUP, POPCAT, etc.) and distributes them to your holders.

Example: Token $STAR collects 2,000 tokens in taxes. You've configured USDC as the reward token. The system automatically swaps collected $STAR tokens for USDC and distributes the USDC to all holders based on their holding percentage.

3. Buyback Token

This launch type automatically performs buybacks at specified market cap thresholds, with options to add burn functionality for a portion and allocate the rest to the team.

Example: Token $NOVA has a buyback threshold set at every $100K market cap. When the market cap reaches $100K, the system automatically uses 80% of collected taxes to buy back $NOVA tokens from the market, burns 50% of those tokens, and sends the remaining 50% to the team wallet. The remaining 20% of collected taxes goes directly to the team.

4. BURN Token

This launch type automatically burns a specified percentage of collected tax tokens and sends the rest to the team.

Example: Token $FLAME is configured to burn 70% of all collected taxes. When 10,000 $FLAME tokens are collected in taxes, 7,000 tokens are automatically burned (removed from circulation), and 3,000 tokens are sent to the team wallet.

5. Reflection Token

This launch type returns your own tokens to holders as rewards, proportional to their holdings.

Example: Token $REFLECT collects 5,000 tokens in taxes. The system redistributes these tokens back to all holders. A holder with 2% of the total supply would receive 100 tokens (2% of the 5,000 collected).

6. Lucky Token

This launch type sends a designated percentage of collected taxes to a randomly selected holder from a specified group, with the rest going to the team.

Example: Token $FORTUNE configures the Lucky feature to send 60% of collected taxes to a random holder from the top 50 holders list. When 1,000 $FORTUNE tokens are collected in taxes, 600 tokens are sent to one randomly selected holder from the top 50, and 400 tokens go to the team wallet.

7. Baby Token

This launch type pairs your token with a "parent" token for rewards, similar to how BabyDoge relates to Dogecoin.

Example: Token $BABYSOL is launched with Solana as its parent token. When $BABYSOL collects taxes, they're automatically converted to SOL and distributed to $BABYSOL holders, creating an automatic SOL reward mechanism.

8. Mixed Token

This launch type allows you to combine multiple distribution methods by allocating different percentages of your taxes to different functions.

Example: Token $HYBRID allocates collected taxes as follows:

• 30% for SOL rewards to holders

• 20% for buyback and burn

• 25% for reflection (returning tokens to holders)

• 25% for the team wallet

Dashboard Features

For every token launched through Taxpad, you can:

• Configure tax rates and distribution percentages

• Monitor real-time tax collection and distribution data

• Adjust distribution strategies as your project evolves

• View detailed analytics on holder rewards and token metrics

All of this is accessible through our intuitive dashboard, eliminating the need for complex coding or manual distribution processes.