How the fee to ACH flow works:
Every step is automated, end to end:
1. Creator fees are claimed onchain
2. The SOL is deposited to Kraken automatically
3. The Kraken API sells it for USD the moment it's credited
4. The Kraken API starts an ACH withdrawal straight to our X Money balance
When the deposit lands, payouts send to X handles through X Money
The only step no code can speed up is ACH itself. Bank transfers take 1–3 business days to settle. Though we've seen the recent deposits land in just hours.
Launch volume is moving through the pipeline faster than ACH can clear, so some sends are showing as pending.
Nothing is lost. Every payout is recorded the moment it's earned, and pending sends go out automatically, oldest first, as each ACH batch lands.
Every send gets a public receipt when it's paid.
Team will be working all night. Omni chain next.
X allows us to send money to users who have not signed up for X Money yet. X holds those funds for 14 days and then returned to our balance if the user doesn't sign up.
These funds will also enter the buyback pool.
We will also be adding a manual claim option on our site for X users who received redirected fees but can’t claim them through X Money.
Paid is officially live
Pair a https://t.co/9NgfbQ1Zdg token to any X handle. Creator fees get paid to that account in dollars through X Money
Were rebuilding token fee sharing from first principles, so anyone on X can back a project and earn from it
The X timeline is the new terminal.
Hover over any ticker to get charts, links, info + one-tap swap without ever leaving your feed.
Welcome to Hover.
Soon we roll out the new social layer + announce buybacks/HP earner rewards/future moves.
You're still early, anon.
Would you rather gamble on a coin that could go to zero or would you join a community of people with the commitment to going as high as possible? solana:Ai66LHZG9MCzg1WKdawwqduVAXpNDUuV8M3uyq5ppump