Disclosures
What payr is not affiliated with, what $PAYR is and is not, what payr earns, and what the owner of the contracts can and cannot do.
Affiliation
payr is independent. It is not affiliated with, endorsed by or sponsored by X Corp., X Money, ponsfamily.com or Robinhood. Pairing a token with an X handle does not mean the account knows about the token, approves of it or has claimed anything.
X Money
Cash-out through X Money is not live. All claims settle on Robinhood Chain in the asset the fees came in. payr does not hold funds aside for a future X Money payout.
Tokens are risky
Tokens launched through payr, and $PAYR itself, are memecoins. They carry no rights to revenue, profits, governance or anything else, their prices can go to zero, and liquidity can disappear. The $PAYR buyback is a policy for how the buyback share is spent, not a promise of any price or return.
Fees payr receives
Each vault sends a share of collected fees to the payr treasury and to the $PAYR buyback wallet, as shown on Capital Flow. Deployers who launch or pair a token can take a reward of up to 10% of collected fees.
Owner powers
The payr contract owner can change the proof signer, the treasury and buyback wallets, and the split for vaults created later. The owner can pause new proofs and payouts. The owner cannot change a vault's split or handle, or redirect a paired token's fees. The proof signer decides which wallet an X account's share is paid to, so whoever holds the owner key or the signer key could send a share that has not been claimed yet to a wallet of their choosing. A share paid to the account's own wallet is out of that reach.
Software risk
The contracts were tested against ponsfamily's live contracts on a fork of Robinhood Chain, but no software is free of bugs. ponsfamily can change its own contracts or rules in ways that affect fee collection, and ponsfamily's owner can move any launch's creator fee recipient after a three-day notice, which would take a paired token's fees away from its vault.
payr pays an X account by its handle. If an account changes its handle, fees not yet claimed for the old handle can be claimed by whoever holds that handle next, so claim before you rename.