How SolRich Works

SolRich operates at a 5% tax utilizing solana's Transfer Fee token extension.

1. Fee Collection

Every RICH transfer automatically collects a fee through the Token-2022 program. These fees are periodically harvested and split into three portions:

• 3% for redistribution to holders - Sent to: Qrpgfd9abn3qChsxLKyk6qAAKwD1skCPuHirwrNrKVo

• 1% for Buy Back operations - Sent to: 64D72kVqBr7wzmuF42AYuAACzstGqUYVpBTUj4NXvCoL

• 1% for burning (reducing supply) - Sent to: Fa8Rn4fLKT8HgmkdPd4K9KLomzDpXA2fwoKmRzSoooq6

2. Market Operations

The market operations portion is:

• Automatically sold for SOL through Jupiter

• The resulting SOL is evenly split between:

  • Buyback operations: 6EUNHD96fsACorVeBmjQAYkJq1FCsFMv16i84BFTE436

3. Token Burning

The burning mechanism:

• Permanently removes RICH from circulation

• Creates natural deflationary pressure

• Helps maintain token value

4. Holder Rewards

The distribution system:

• Automatically shares RICH among qualified holders

• Rewards long-term holders

• Creates natural holding incentives