Creating a Token

Create a token for free, get your liquidity, and blast off!

Token Creation Process

Creating a token on SquidSwap is a straightforward process designed to ensure fair launches and protect investors. This guide walks you through the steps and requirements for launching your token.

Prerequisites

Before creating a token, ensure you have:

  • Required amount of SQUIDS tokens in your wallet

  • Enough ETH for gas fees

  • Your token's details prepared (name, symbol, description, social links, image)

Step-by-Step Process

1. Prepare Token Information

  • Choose a unique token name and symbol

  • Prepare project description

  • Gather social media links (Twitter, Telegram, Website)

  • Design or prepare token logo/image

2. Token Creation

  1. Connect your wallet to SquidSwap

  2. Navigate to the "Launch" section

  3. Fill in token details:

    • Token Name

    • Token Symbol

    • Description

    • Social Links

  4. Submit creation transaction

3. Launch Phase

  • Tokens are sold at a fair rate

  • Price is the same for all buyers

  • Initial phase continues until ETH cap is reached

  • Users can buy between 0.005-0.1 ETH per transaction

4. Launch Finalization

Once ETH cap is reached:

  1. Contract automatically creates liquidity pool

  2. A % of unsold tokens are burned

  3. LP tokens are burned

  4. Trading begins with anti-dump measures

Token Economics

Initial Setup

  • Base token supply of 1,000,000,000 tokens

  • Fair token pricing for all buyers

  • Automatic liquidity creation

Fees and Taxes

  1. Anti-Dump Tax

    • Starts at 30% and decreases to 2% over 2 hours

    • Helps prevent price manipulation

    • Split between developer and platform

Best Practices

  1. Project Preparation

    • Have a clear project roadmap

    • Set up all social media channels

    • Prepare marketing materials

  2. Community Building

    • Engage with your community before launch

    • Be transparent about project goals

    • Maintain regular communication

  3. Post-Launch

    • Monitor trading activity

    • Provide regular updates

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