If you hold a token, this section explains how trading taxes generate dividends, what you can receive, and how the allocation rules are locked in.
If you are planning to launch a token, we recommend reading Choose a Vault Template first.
Each buy and sell can incur a trading tax based on the rates set by the Creator.
Rather than going directly to the Creator's wallet, the tax first flows into the token's dedicated Vault, where it is split according to the allocation defined at launch:
The Creator can define the allocation between the two, from 0% to 100%.
With a Tax Distribution Vault, buy and sell tax default to 1% with a 1% minimum per side and can be raised. The holder share still pays Holder Dividends; the Creator share is split across 1–10 recipient addresses locked at launch. Those percentages divide the Creator share, not the whole tax.
With a Directed Vault, the whole trading tax goes to one address locked at launch. There is no Holder Dividend: quote-token tax collected on the curve is claimed manually by that address, and after graduation MEME tax is paid to it directly, checked once a day against the platform threshold, without conversion.
Once set at launch, the allocation is locked and cannot be changed by anyone, including the Creator or IGNIX.
Taxes are collected from the very first buy.
There is no need to wait for graduation — trading taxes are collected during the Bonding Curve stage as well. Taxes accumulate in the Vault and are then distributed to holders in periodic batches by the system; stock Vaults distribute them as wrapped stocks.
Holder Dividends come from the trading tax a token actually generates. They are not fixed interest, and neither IGNIX nor the Creator promises any fixed return.
Once enabled, the token becomes a Fee-on-Transfer Token and graduates to Uniswap V2.
Once trading tax is enabled, the token collects tax from its first eligible trade — Holder Dividends can accrue without waiting for graduation. After the token graduates to Uniswap, eligible trading taxes continue to be split according to the allocation fixed at creation.
Please note:
Dividends do not arrive in full immediately after a trade, and they are not distributed at a fixed time each day. Once trading tax enters the Vault, the system sends the Holder portion into the dividend contract in batches. Each batch then streams linearly over the following 24 hours.
Dividends are streamed linearly over 24 hours rather than distributed immediately.
This mechanism reduces the impact of short-term holdings on dividend distribution. If dividends were distributed instantly, a user could temporarily acquire a large position immediately before a distribution, collect the dividends, and exit shortly afterward — diluting the share of longer-term holders. With 24-hour linear streaming, dividends accrue progressively based on actual holding time, reducing the impact of this type of short-term in-and-out behavior on other holders.
Dividends worth more than $1 are distributed to your wallet automatically, with no action required. Amounts at or below that threshold must be claimed manually.
To claim manually:
Claiming requires an onchain transaction. Keep a small amount of OKB in your wallet to pay X Layer network gas.
Once claimed, the corresponding transaction is visible in your wallet history or on an X Layer block explorer.
Dividends are calculated strictly based on each holder's share of eligible circulating supply, with no allowlists, claim thresholds, or manual allocation.
Holder Dividends are determined mainly by:
Simplified:
Holder dividend pool = actual trading tax × Holder allocation
Individual dividend = Holder dividend pool × individual share of eligible supply
Example
Over a given period:
A holder who averages 2% of eligible circulating supply across the whole streaming period would expect roughly 0.6 OKB.
The following addresses are excluded from dividend calculations and therefore do not dilute other holders:
Dividends are not based on a single snapshot taken at one fixed moment; they follow your real-time eligible balance throughout the streaming period. As a result:
Liquidity pools created on external exchanges may accrue dividends like regular holders. In practice, these dividends may remain unclaimed and continue to accumulate in the dividend contract.
IGNIX does not provide a mechanism to recover or redistribute these assets, avoiding the introduction of additional discretionary control over funds.
The assets holders receive depend on the Vault Template selected when the token is launched.
System Vault — Holders receive the token's quote token, such as OKB or USD₮0.
Tokenized Stock Vault — The holder portion of the trading tax is used to buy the tokenized stock assets the Creator selected in advance, and is distributed as the corresponding wrapped asset, such as wTSLAx.
Tax Distribution Vault — Holders receive the quote token. The Creator share is split across the recipient list fixed at launch.
Directed Vault — No Holder Dividend. All trading tax goes to the single recipient address fixed at launch: quote-token tax from the curve is claimed manually, and MEME tax after graduation is paid directly without conversion.
For the actual dividend asset and Vault type, refer to the information shown on the token detail page.
The Tokenized Stock Vault does not purchase tokenized stocks immediately after each trading tax is collected.
Instead, trading taxes first accumulate in the Vault. An executor then periodically uses the OKX Aggregator to purchase the tokenized stocks selected by the Creator. The minimum interval between conversions is 1 hour, which is not a commitment to convert once every hour.
Each conversion includes a platform-signed minimum output amount. If the trade cannot meet this requirement, the entire transaction reverts rather than executing outside the predefined range.
You can also view any wallet's public data at /me?address=<wallet address>.
Claimable Dividends — The amount already streamed and claimable by this wallet right now.
Cumulative Dividends — The total dividends that have historically entered distribution for this token. This reflects the token project as a whole, not what a single holder can claim now.
Vault Balance — Assets still sitting in the Vault awaiting processing, conversion, or entry into the dividend flow. A non-zero Vault Balance with no increase in Claimable Dividends is not necessarily a fault — those assets may still be awaiting batch processing, conversion, or the 24-hour stream.
Possible reasons:
Check the buy/sell tax rates, Holder allocation, Vault type, and cumulative dividends on the token detail page, then refresh the Dashboard later.
IGNIX distinguishes between onchain events that have already occurred and current configuration or state data.
On the token detail page, Cumulative Dividends are displayed in green.
On IGNIX, green means:
The event has already occurred onchain and can be publicly verified.
Cumulative Dividends are calculated from historical distribution events emitted by the dividend contract. Each distribution corresponds to an onchain transaction that can be independently verified through a block explorer.
Other information on the same card — such as allocation ratios, current Vault holdings, and the last conversion time — is not displayed in green because it represents configuration or current state rather than historical events.
You can look up a wallet, Vault, or dividend contract on an X Layer block explorer and inspect the Streaming and Claimed events the dividend contract emits:
Streaming means a new dividend batch has entered linear release;Claimed means a wallet has claimed its dividends.Onchain state is the final authority on dividend amounts and claim results. For more details, see How to Verify These Numbers.
Holder Dividends come from the trading tax a token actually generates. They are not fixed interest, a guaranteed return, or principal protection.
Actual dividend amounts can be affected by: market trading volume, buy and sell tax rates, the Holder allocation, your position size and holding time, other holders' position changes, Vault batch processing and conversion progress, price movements in the token and the dividend asset, and network conditions and onchain execution.