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