> For the complete documentation index, see [llms.txt](https://docs.printpad.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.printpad.io/print-protocol/how-it-works/mechanics.md).

# Mechanics

Print Protocol operates on a proprietary script enabling auto-swap functionality to our token taxes. The script then takes all Solana received via the swap and distributes appropriately between the operations wallet and all holders.&#x20;

<figure><img src="/files/5ul2MBi9un5Wx7tO9dlS" alt=""><figcaption></figcaption></figure>

### How is this possible?

What makes Print Protocol unique is the possibilities unlocked by our proprietary script. Here we will break down how it works:

#### Step 1: Collects taxes

We have automated the collection of all token taxes to our deployer wallet. Every time a swap or transfer is executed, 8% of all tokens are set aside into a collectable 'tax token account'. Our script frequently checks for all accounts collectable and claims the tokens to the deployer.

#### Step 2: Swap threshold

While collecting all taxes, our script queries for the $PRINT token balance of the deployer wallet. Once the wallet balance exceeds the swap threshold (1 million $PRINT) a swap is executed via [Fluxbeam ](https://fluxbeam.xyz)to convert the tokens into Solana.

#### Step 3: Distribution

Our current tax structure of 8% includes 2% to the operations wallet & 6% as rewards distributed amongst all holders. With this in mind our script will send 25% of the Solana received via our token swap to the operations wallet (0.08 \* 0.25 = 0.02 for operations as pre-defined in our tax structure).&#x20;

Once this transaction is completed the script grabs a list of all holders and distributes all remaining Solana to the holders of $PRINT. The amount of Solana each holder receives is directly correlated to the amount of $PRINT they hold. LP is blacklisted from receiving rewards.&#x20;

\*Note: The minimum Solana that can be sent in a single transaction is 0.000001 SOL, any holders who would not receive this amount or higher will not be eligible for rewards. As a baseline it is recommended to hold approximately 6,000 $PRINT to receive rewards.
