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How REMIT works
REMIT is a fee bridge. A token points its creator fees at the vault, the vault claims them on chain, and the larger share is paid to an X account through X Money. Nobody has to sign up to be paid.
Contents
- 1Overview
- 2Where tokens are launched
- 3Directing the fees
- 4Naming the recipient
- 5How claims work
- 6Payout steps
- 7Getting your fees
- 8X Money setup
- 9Held balances
- 10The public confirmation
- 11Stopping payments
- 12If a token is not registering
- 13Glossary
1Overview
REMIT is a fee bridge. A token launched through REMIT points its creator fees at the REMIT vault, the vault claims them on chain, and the larger share is paid to an X account in dollars through X Money. Nobody has to sign up to be paid.
Everything between the two is mechanical. Fees accrue to the vault as the token trades, REMIT claims them on Arc, the account's share is booked to it, and every payout is published so it can be checked from the outside.
2Where tokens are launched
On lift.fun, on Arc. The token has a fixed supply of one billion, is paired with USDC, and its liquidity is held by the launchpad. Launching costs one USDC plus gas, and gas on Arc is paid in USDC.
3Directing the fees
The creator address is written into the launch transaction, and whoever is named there becomes the registered creator. REMIT names its own vault, so the launcher never holds the fee rights at any point. That is what makes the redirection impossible to undo — by the launcher, and by us. A token you already launched on lift.fun can join the same way afterwards: its creator transfers the role to the vault, and the vault accepts it.
4Naming the recipient
The recipient is recorded as a numeric X id, not a handle. Handles get renamed and sold; the id does not change. The handle shown on the site is only a label for the id underneath.
5How claims work
A pass runs on a schedule, sweeps the fees that have accrued in the pool into the vault, and credits the account's share to its id. Claims are visible on chain and are listed on the capital flow page.
6Payout steps
A balance is paid out as it crosses five dollars, then ten, twenty, fifty, a hundred, two hundred and fifty, five hundred and a thousand, and every thousand after that. The whole balance goes, not just the step it crossed.
7Getting your fees
Nothing to do. If an account is named by a token, the money is already booked to it. It arrives through X Money when the next step is crossed.
8X Money setup
Payouts reach an account through X Money, which its holder must be able to receive on. If the account cannot receive yet, the balance stays booked to it and waits — it is not returned, and it does not expire.
9Held balances
A balance owed has no deadline. There is no expiry, no dormancy rule and no function in the contract that lets anyone take it back, including us. This is the one place where REMIT deliberately differs from the products it is modelled on.
10The public confirmation
Every payout is published with the amount, the account and the reference of the transfer, so that a recipient, or anyone else, can check that what was owed was actually sent.
11Stopping payments
If a named account would rather not be listed, it comes off the site and REMIT stops collecting the fees of the tokens pointing at it. A balance already owed stays owed.
12If a token is not registering
A token launched here is registered in the same transaction. A token you launched on lift.fun yourself is registered once its creator role has been transferred to the REMIT vault and the vault has accepted it — both steps are visible on chain. Until then it does not appear here. A token launched on another launchpad cannot be attached: its fees never reach the vault.
13Glossary
Creator fees — the share of every trade that the launchpad pays to a token's registered creator.
The vault — the REMIT contract that is named as creator and holds the balances.
A step — the amount a balance must cross before it is paid out.
X Money — the payment service the payout travels through.