mrpayer.eth
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mrpayer.eth
@mr_payer
Core Team @NFD_gg Follow for insights and progress updates!









Ponzi mechanics vs real-time holder rewards. SPL22 vs @somethingco_ol SPL tokens. You’ve probably seen those tokens on Solana that auto-distribute $SOL to holders — like $IMG, $REVS, $DISTRIBUTE, and others. All of them are built on the SPL22 token standard. Sounds cool in theory, but in practice - not so much. Here’s why: 1. To distribute $SOL to holders using SPL22, you have to add a “transfer fee” instruction directly into the token contract. 2. This fee applies to every transfer — not just buy/sell trades. So holders lose tokens even when simply moving them between wallets. 3. The $SOL rewards come from dumping the token. The contract sells the tokens it collects via the transfer fees, meaning there’s always one address constantly selling your token. Any scanner or trading terminal will flag that — not a good look. 4. Distribution isn’t automated on-chain. Devs need to manually trigger it every few minutes. If they stop — rewards stop. 5. The transfer fee can’t be locked. A dev can change it anytime — even to 100%. That opens the door to honeypots. This is exactly why many CEXs avoid SPL22 listings altogether. 6. Even Coingecko has only ever listed ~20 SPL22 tokens. Not exactly reassuring for a serious project launch. So yeah — SPL22 might be the newest token standard on Solana, but it comes with major tradeoffs and trust issues. That’s why we built something different. CoolDEX and Somethingcool use the classic SPL token standard, and we’ve created a reward system for real-time holders that actually works. Rewards are distributed automatically after every transaction — with no staking, no locking, and no fund control required. Everything is handled by the DEX itself through a mix of on-chain + backend logic. That means no one — not even the token creator — can mess with your rewards. It’s simple, secure, and transparent. Just like it should be. If you want to launch a token that rewards real-time holders without staking or locking — we’ve got you. Come build with us at @somethingco_ol & @cooldex0. We’re here to help bring your ideas to life.








