Frequently Asked Questions (FAQ)
1. How do I earn Solana with Collect ($CLT)?
Holders of $CLT earn Solana (SOL) passively through the reward system. A percentage of each transaction is swapped for SOL and distributed proportionally to all token holders every 10 minutes.
2. What is the minimum holding required to participate in the jackpot?
To participate in the jackpot, you must hold at least 80,000 $CLT tokens, which equals 1 ticket entry.
3. How often are SOL rewards distributed?
SOL rewards are calculated and distributed to holders every 10 minutes in batch transactions.
4. How does the jackpot system work?
1% of each transaction is collected in the jackpot wallet.
Once the jackpot reaches 0.1 SOL + transaction fees, a winner is randomly selected based on their ticket entries.
Every 80,000 $CLT tokens held gives a wallet 1 ticket in the draw.
The jackpot amount may increase with more trading volume.
5. How are the jackpot winners selected?
The jackpot system selects winners randomly using a ticket-based method. Wallets with more $CLT tokens hold more tickets, increasing their chances of winning.
6. Where can I buy $CLT?
$CLT can be purchased on Raydium, a decentralized exchange (DEX) on the Solana blockchain.
7. Is there a transaction tax on buying and selling $CLT?
Yes, a 10% transaction fee is applied to every buy and sell transaction. This tax is distributed as follows:
5% SOL reflections to holders
1% Jackpot pool
4% Marketing wallet
0.25% Liquidity Pool (Raydium CPMM AMM)
8. Can I increase my SOL rewards?
Yes! The more $CLT tokens you hold, the larger your share of the reward pool, meaning you will receive a higher portion of the SOL reflections.
9. What is the initial supply of $CLT?
The initial supply of $CLT is 1 billion tokens (1,000,000,000 $CLT).
10. What is the contract/mint address of $CLT?
The official mint address of $CLT is:
2HYeb5o2imUyJqreBD22sgF4QbRFagqvxPkgp5VCJCLT
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