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What CASHBACK is

SOL cashback from collected creator fees for holders whose remaining tracked position is down.

CASHBACK pays SOL cashback to wallets whose remaining tracked position in the token is worth less than it cost. It is funded only by creator fees the project actually collects.

The journey - Buy with SOL on a supported venue. - Hold. There is no minimum holding period. - Down? Every 5 minutes, a round values your remaining supported purchases at a reference price. - Eligible for SOL cashback. The round budget is shared by weight and paid automatically.

What it is not Cashback is not guaranteed reimbursement, insurance, principal protection, a yield or compensation for every loss. Rounds can allocate nothing when the pool is empty, when valuation is unavailable or when the operator pauses the system.

What you need to do Nothing. There is no staking, claiming or wallet connection. Payments arrive in the wallet that holds the tokens.

SOL, not USD Accounting is in SOL. Being down in SOL can differ from being down in USD: if SOL rises while the token is flat in USD, your position may be down in SOL, and the reverse.