How payouts work

ElysPay launches coins on Montra, the launchpad on Elysium. Every Montra coin charges a fee on trades, and part of that fee is the creator fee. ElysPay sends the creator fee to people you choose.

Launching

1. You pick a name, ticker and image, and who gets paid: up to four X handles, coin holders, or yourself. Shares add up to 100%.
2. Each X handle has its own payout wallet on Elysium, worked out from the handle. You can look one up at /api/payout-address/handle.
3. With one recipient, Montra pays that wallet directly. With two to four, Montra deploys a fee splitter contract holding the shares. Shares can't be changed after launch, by anyone.
4. You send the launch from your own wallet and pay Montra's launch fee and gas. ElysPay checks the coin on-chain before listing it.

Getting paid

1. Sign in with X. We read your handle and account id, then throw X's access token away. We never post for you.
2. Link an EVM wallet. A new link waits 24 hours before it can be paid, so a hijacked X account can't move money before you notice.
3. Tap Get paid, or leave autopay on. Your payout wallet pulls your share from Montra and sends it straight to your wallet, in HYPE. ElysPay pays the gas.

Who holds the money until then

Unclaimed shares sit in each handle's payout wallet or fee splitter slot on Elysium. ElysPay's server holds the keys to payout wallets until the creator claims, and only pays them out to a wallet that creator linked through X. If an account was renamed and the handle taken by someone else, the money stays with the account that held the handle at launch.

Not an endorsement

Anyone can launch a coin that pays any creator. Unless a creator says so, they didn't make or endorse the coin, and every coin's description says that.