Holder Stock Rewards
Learn how Holder Stock Rewards allocate trading fees to eligible coin holders, with stock-token payouts and time-weighted holdings.
0.85% of trading volume goes to eligible holders. With Holder Stock Rewards enabled, the standard 85 bps — 0.85% — of completed buy and sell volume is allocated to holders and paid in the supported stock token. This is the total pool for eligible holders, shared using TWAB, not 0.85% for each wallet.
Availability: You can request Holder Stock Rewards when launching from X. IPOD is an active example. A stock pairing alone does not enable rewards; check the coin's reward configuration and the options shown in the launch flow.
Where rewards come from
The ongoing reward pool comes from actual trading fees collected for that coin. It is not new coin issuance or a payment from the company behind the paired stock.
The 0.85% is measured against trading volume, not against the fee amount. At the standard 1.5% trading fee, $10,000 of combined completed buy and sell volume allocates $85-equivalent to the holder reward pool and $0 in Creator Fees. Actual stock units distributed depend on the collected assets, conversion execution, and rounding. Opening-protection fees follow the launch's higher initial fee schedule.
Choose creator or holders at launch
When available in the launch form, the Who earns them switch lets the person launching the coin choose Me or Holders:
Me — Creator Fees: the creator receives the 0.85% share of trading volume.
Holders — holder rewards: eligible holders share that entire 0.85%; the creator receives no Creator Fees for launching the coin.
The payout asset is a separate choice. Select the supported stock token for Holder Stock Rewards; holder payouts can also use USDC. Review the recipient and currency before launching. This is a launch choice, not a switch for redirecting an existing coin's rewards after launch.
A creator who also holds the coin can earn as an eligible holder, under the same balance and TWAB rules as everyone else. They do not receive an additional creator allocation.
IPOD has a specific transitional arrangement that retains a separate creator payment; it is the exception, explained in the IPOD example.
How your share is calculated: TWAB
TWAB means Time-Weighted Average Balance. It accounts for both how many coins a wallet holds and how long it holds them during the reward period.
Feel reconstructs holdings from onchain transfers and measures eligible balances at the end of each block. In simplified terms:
Your reward share = your eligible balance-time weight ÷ all eligible wallets' balance-time weight.
Your allocation = that share × the funded rewards for the period.
The implementation measures holding duration in blocks. Buying near the end contributes only for the remaining blocks; it does not count as holding for the whole period. Selling reduces future weight but does not erase weight already earned during eligible blocks.
A simple example
Assume a 1,000-block period and two eligible wallets:
A
200,000 coins
All 1,000 blocks
200,000,000
B
400,000 coins
The final 500 blocks
200,000,000
Both have the same weight. If they are the only eligible wallets and the funded reward pool is 10 stock tokens, each receives 5 stock tokens, before any indivisible-unit rounding. Wallet B's larger closing balance does not give it twice the rewards.
This is an illustration of the weighting method, not an estimate of future rewards.
Which holdings qualify?
A wallet earns weight during blocks in which it holds at least 0.01% of the coin's total supply. For a coin with 1 billion tokens, that is 100,000 tokens. This is a token-balance threshold, not a dollar-value threshold.
If a wallet crosses the threshold during the period, only its qualifying blocks count. AMM pool balances, protocol custody, burn addresses, and other excluded system balances do not earn holder rewards. Eligible smart wallets and external wallets can participate; being the creator does not by itself exclude a wallet that holds the coin.
There is no separate staking deposit or manual holder claim in the current flow. Rewards are sent to the eligible holding wallet.
From trading fees to a payment
Trading generates fees. The coin's configured share is collected and prepared in the payout asset.
Holdings determine the split. Eligible balance-time weights cover the period associated with those collected fees.
Funded amounts are allocated. Each wallet's amount is based on the funds actually available for distribution. Small rounding remainders carry forward.
Transfers settle onchain. A reward appears as paid only after its transfer is confirmed.
Settlement targets a daily cadence. A normal period cannot pay before at least 24 hours from its start, and collection, chain confirmation, conversion, and processing can delay it further. There is no fixed payment time or guaranteed daily amount. An estimated fee balance is not yet a completed reward payment.
Small rewards accumulate
A new payment requires at least $0.01 per wallet and $0.50 across the qualifying distribution, valued in the payout asset when the payment is prepared. Smaller allocated amounts remain owed to their original wallets and accumulate with later mature allocations. They are not reassigned to other holders, including if the wallet later sells its coin balance.
These payment minimums are separate from the 0.01%-of-supply holding threshold used to earn weight.
What the reward screen shows
The coin's rewards section separates pending rewards from total paid to holders. These are totals for the coin's holders, not your personal claimable balance.
Pending is an estimate that can include unpaid allocations and fees awaiting collection or conversion. It can change as the stock price and processing state change. Paid history shows confirmed distributions, the actual asset units, recipient count, and transaction links. A distribution can contain several transactions.
Dollar values in payment history use a historical payment-time reference. The received stock units are the actual reward; their current dollar value can subsequently rise or fall.
Showcase: IPOD
IPOD is an Apple-inspired coin on Base whose eligible holders receive rewards in AAPLc. IPOD is the coin held for eligibility; AAPLc is the tokenized stock received as the reward.
Its holder allocation is 0.85% of fee-paying trading volume. IPOD also retains a separate 0.10% creator payment in Cash as a transitional exception. The standard launch choice described above remains creator or holders.
On September 10, 2026, its first distribution paid 7.22098244 AAPLc to 217 wallets across five confirmed Base transactions. This was a separately funded activation bonus based on an eligibility snapshot, not a recurring TWAB distribution. View the first transaction, or open IPOD's rewards section for the full payment history.
Ongoing rewards use the TWAB and settlement rules above. These rewards come from trading activity; they are not Apple dividends or payments made by Apple.
How stock pairings work · Creator Fees
On Solana
Holder Stock Rewards on a Solana coin follow these rules instead of the TWAB rules above.
Holder share of volume
0.50% on the bonding curve, 0.75% after graduation
How the split is measured
A snapshot of balances when the payout is prepared
Minimum holding
0.01% of the coins held outside the curve, the pool and other system accounts
Minimum payment per wallet
$0.10, after the costs below
Network costs
Paid out of the rewards: the payout's network fees, and the token account of a wallet that needs one
Each payout splits the collected fees among the wallets holding the coin at that moment. How long a wallet has held it does not count.
The network fees of a payout are taken from the total before it is split. A wallet that has never held the stock needs a token account to receive it: the one-time cost of opening that account (about 0.0016 SOL) is deducted from that wallet's own payout, and the account and its deposit belong to the wallet. A wallet whose share does not cover that cost and the minimum is not paid in that payout, and its share goes to the other holders.
A Feel.cash user receives the company's canonical stock inside Feel.cash.
Payouts run when the collected fees are large enough to distribute; there is no fixed schedule.
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