Everyday billsExamples
$COVERED → X MoneyTrading fees that help
pay someone’s bills.
80% goes to people who need help. 20% buys back and burns $COVERED.
We check each request and send approved support through X Money.
From review to payment
Alex’s electricity billExample request · $126.40
Under review
Checking the bill and request details
Where the fees go
80%Bill support
20%Buyback & burn
A request, reviewed by us
$COVERED20%
Buyback & burnSee the split ↗Payments
Confirmed support transfers and completed burns will be recorded here.
Support sent—No confirmed payments
People helped—Appears after the first transfer
$COVERED burned—On chain receipts to follow
RecipientAmountStatusReceipt
No payments yet
Once support is sent, a confirmed transfer can appear here
with the recipient’s permission. Bills stay private.
80% for bills. 20% for buybacks.
Enter an amount to calculate the split.
$
$0$10,000
Amounts in USD.
Bill support 80%
$800.00 Buyback & burn 20%
$200.00Team allocation 0%
How a bill gets funded
Requests and payments are handled by the Covered team.
Start with a short explanation. Keep account numbers, addresses and documents out of public comments. Use the private request form on this site.
Have a bill
you need help with?
You can ask without buying $COVERED.
Every request is reviewed. Funding isn’t guaranteed.
Questions
Do I need to buy $COVERED?+
No. Buying or holding the token is not required to request help, and does not affect your eligibility for support.
Where does the money come from?+
Trading fees from the Covered token. 80% is allocated to bill support and 20% to buying back and burning $COVERED. There is no team allocation.
Does every request get paid?+
No. Requests are reviewed manually, and support depends on available funds. Applying does not guarantee a payment or a payment date.
Do you pay the bill provider directly?+
No. We send approved support to the recipient through X Money. A confirmed transfer shows that support was sent, not that the provider was paid.
What if I don’t have X Money?+
You need to be eligible for X Money and complete its setup to receive support through it. Availability and account requirements are set by X.
Will my documents be public?+
No. Supporting documents belong in a private request. Public payment confirmations require your permission.
Where can I see the burns?+
Completed buybacks and verified burn receipts will appear in the payment ledger. Allocating funds to a buyback is not the same as executing one.
Is this an official X project?+
No. Covered is independent of X and X Money. Use of X Money does not mean endorsement or partnership.