How to Create a Token

Key Information

  • Creating a token costs around 356 $CSPR.

  • Trading tokens consumes around 9 $CSPR.

  • When your token reaches $42k Market Cap, it will be automatically launched on 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.

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.

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.

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#92: FM's Jun 29 changes

Change request updated