# Product Intro

**Printer.tax** is a solana-based (2022 standard) platform for launching tokens with an automated 5% transaction fee and a built-in revenue distribution system. Every transaction (buy, sell, or transfer) incurs a 5% fee that gets distributed every 5 minutes to token holders and/or other designated allocations according to preset parameters.

<figure><img src="https://2051134318-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqWRWoZ2UnB3c2NFXvKVH%2Fuploads%2Fmz7HZTuyJFV2iTKrQp0M%2Fimage.png?alt=media&#x26;token=62c52e1c-a834-44ab-9451-2ac8696909c5" alt=""><figcaption></figcaption></figure>

#### Key Features <a href="#key-features" id="key-features"></a>

1. **5% Automatic Fee**
   * Default setting applied to every transaction.
   * Fee amount and allocation breakdown are configurable at token creation.
2. **Distribution Every 5 Minutes**
   * Smart contracts automatically handle distribution without manual intervention.
   * The split among holders, the project team, marketing pool, etc. is defined upfront.
3. **Transparent Smart Contract**
   * Source code is openly verifiable, and all transactions are visible on the blockchain.
   * Eliminates hidden transfers or fraudulent activity.
4. **No-Code Deployment**
   * A straightforward interface creates the token and embeds fee distribution logic.
   * No programming knowledge required.
5. **Referral System**
   * Earn a percentage of transaction fees from tokens launched via your referral link.
   * Referred projects can enjoy discounted fees.

#### Fees and Charges <a href="#fees-and-charges" id="fees-and-charges"></a>

* **5% Fee Per Transaction**: Standard template.
* **Customizable Allocation**: Decide how the fee is split among holders, dev team, marketing, etc.
* **Transparent Collection**: The fee goes into a treasury (smart contract) and is paid out in short intervals (every 5 minutes).

#### How Distribution Works <a href="#how-distribution-works" id="how-distribution-works"></a>

1. **Transaction → 5% Fee**
   * The smart contract withholds the specified fee whenever tokens are transferred, bought, or sold.
2. **Treasury**
   * Collected fees accumulate in the contract’s treasury.
3. **Distribution (Every 5 Minutes)**
   * The contract automatically allocates the accumulated funds based on predefined ratios