> For the complete documentation index, see [llms.txt](https://docs.friendly.market/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.friendly.market/products/cspr.fun/how-to-create-a-token.md).
# How to Create a Token
### **Key Information**
* Creating a token costs around 370 $CSPR.
* Trading tokens consumes around 10 $CSPR.
* When your token reaches 2.5M CSPR Market Cap, it will be automatically launched on [Friendly.Market](https://friendly.market) DEX and you will receive 21k CSPR.
* Triggering the token graduation (meaning buying a token and pushing its market cap above or equal to the graduation market cap) costs around 800 $CSPR.
* Initial token price is 0.0009 $CSPR
#### Token Creation
To create a token in a matter of minutes on CSPR.fun the following boxes and selections must be filled out.
You can create a token based on a bonding curve or by creating a liquidity pool pair. Please note liquidity pool tokens are not displayed on CSPR.fun but become available to trade directly on our DEX [Friendly.Market](https://friendly.market).
{% hint style="info" %}
Bonding Curve: a mathematical formula that determines the price of a token based on its supply. As more tokens are bought, the price increases; as tokens are sold, the price decreases.
Liquidity Pool: A liquidity pool is a pool of two tokens (e.g., coin + CSPR) locked in a smart contract on a DEX (Friendly.Market) to facilitate trading. The price is determined by the ratio of the tokens in the pool.
{% endhint %}
**Set your token to Standard or Tax**
Standard: Cryptocurrency token with basic functionality for transfers, holding, and trading, without additional fees or mechanisms imposed on transactions beyond network gas fees.
Tax: A token with a smart contract that automatically imposes a fee (or "tax") on every transaction, redistributing the fee to specific wallets, liquidity pools, or other purposes.
**Tax Settings**
Enter the amount you will tax traders of your token and enter a valid Casper Network wallet address for the taxed amount to be sent to.
**Description and Social Links**
Write a brief description and social links for potential holders to understand your coins purpose and connect with your project through various social media channels.
**Finalisation**
Upon filling out all the required information and you are happy to proceed press **Next Step** to review a summary of your token. Bring your token to life by pressing **Create Token** and sign the transaction within your chosen wallet to process.
A transaction pending box will appear before eventually displaying a pop up box indicating your token has been created and is now open for trading!
To view your token on the homescreen change the filter selection to **Creation Time**, tokens are listed in order of highest market cap by default.
