How PayTip works.
PayTip lets anyone launch a token on flap.sh (BNB Chain) and name one account on X, GitHub, Binance Square or fomo as the receiver of its trading fees. The named person does not have to sign up first or even know about it. Their share builds up and they collect it whenever they like.
How it works
- Launch. Your wallet creates a Flap tax token (address ending in 7777). PayTip sets a beneficiary address unique to that token.
- Trade. Every buy and sell pays a 2% tax. Flap converts it to BNB and forwards it to the token's beneficiary on every trade.
- Collect. Every hour PayTip sweeps each beneficiary into the treasury and books 80% to the named account, 20% to the protocol.
- Get paid. The account owner proves ownership once and withdraws in BNB. After that, new fees go to their wallet every hour. fomo accounts are paid automatically.
Recipients
| Platform | What you paste | How they get paid |
|---|---|---|
| X | x.com/handle or @handle | Bio code, then BNB to their wallet |
| GitHub | github.com/login or login | Bio code, then BNB to their wallet |
| Binance Square | binance.com/square/profile/username | Bio code, then BNB to their wallet |
| fomo | fomo.family/profile/handle | Automatic, to their fomo EVM wallet |
Accounts are stored by the platform's permanent id, so a later username change does not break the link to the fees.
Binance Square
Open the creator's profile on Binance Square (web or app), copy the profile link and paste it into the recipient field. Links with a language prefix such as /en/ or /zh-CN/ and app share links work. A post link does not identify its author reliably, so use the profile link.
PayTip reads the public profile (display name, avatar, bio, followers) and keys the recipient on the Square user id. To claim, the creator adds the code to their Square bio, exactly like on X or GitHub.
Fees & split
- Tax: 2% on buys and 2% on sells, fixed at launch, paid in BNB.
- Split per collection: 80% to the named account, 20% to the PayTip treasury.
- The treasury pays the gas for every payout; recipients receive the full amount.
- Flap charges no creation fee. The launcher pays gas plus any initial buy.
Claiming
- Go to Claim and paste your profile. You see what tokens name you and what you are owed.
- Connect the wallet you want to be paid to and get your code (looks like
paytip-1a2b3c4d). - Add the code anywhere in your profile bio and save.
- Press Verify. PayTip reads your bio, records the wallet and sends your balance right away.
The code is tied to your wallet, so copying it from your bio cannot redirect your money. You can remove it after verifying. To change wallets later, verify again with the new wallet.
Trust model
Each token's beneficiary is a key PayTip derives from the token address, so every token's fees are a separate, auditable balance on BscScan. Collections and payouts are listed on Payments with their transactions. Unclaimed shares are held by the treasury (0x16…740d) until claimed.
This is a custodial design: you rely on PayTip to run the hourly collection and honour claims.
FAQ
Does the named person endorse the token?
No. Anyone can name any account. Being named is not an endorsement, and the person may never claim.
What if they never claim?
Their share stays on the ledger for them. Nothing is sent anywhere until they claim.
Can the recipient be changed after launch?
No. It is fixed when the token is created.
Where can I follow updates?
@PayTipFlap on X.