Harvest Fees

Onlytax offers a user-friendly solution. It is a decentralized application that hides all the details of harvesting fees away from the token creators. Harvesting fess has never been simpler. A typical user journey looks as follows:

1. Visit onlytax.io

2. Connect the wallet that is allowed to harvest the fees. This is the wallet that was added as the authority that is allowed to collect fees when the token was created. Check this as a reminder.

3. Enter the token address i.e. mint account

4. Click Collect

5. You will get prompts to sign multiple transaction. Each transaction will harvest fees from a list of maximum 25 tokens accounts.

Why 25 token accounts? The Solana transaction is limited to 1232 bytes which means we can't collect fees from a big number of token accounts at once.

Onlytax will collect 1% of the total withheld fees collected.