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Creation Process

Learn how to create your own branded token with no coding or crypto experience required

Launching a Token (Token Factory)

The Basis Token Factory empowers anyone – from established businesses and DAOs to individual creators and community leaders – to launch their own custom-branded Basis Token (Stable+ or Floor+) without requiring any coding knowledge or extensive blockchain expertise. The process is designed to be simple, intuitive, and low-cost.

Launch Process Overview

  1. Discovery/Idea: Creator learns about Basis, has a use case for a token

  2. Planning: Decides on token type (Stable+/Floor+), gathers branding assets

  3. Creation: Uses the Token Factory DApp, fills in details, deploys token (pays gas)

  4. Bonding Phase: Promotes token, monitors initial purchases, potentially buys own tokens

  5. Post-Bonding: Token actively trading, creator earns from transaction fees

  6. Management/Growth: Tracks analytics, uses loan facility, engages community

  7. Revenue Realization: Claims fee rewards, potentially takes loans against token holdings

Launch Process Breakdown

Step 1: Preparation and Wallet Connection

  • Navigate to the official Basis.io DApp (Decentralized Application).

  • Connect an Ethereum-compatible Web3 wallet (e.g., MetaMask, Trust Wallet, Coinbase Wallet).

  • Ensure the connected wallet has sufficient ETH to cover Ethereum network gas fees for contract deployment (typically low, e.g., $1-$10, but varies with network congestion).

  • If the creator wishes to be the first to purchase their own token (recommended for seeding initial interest), they will also need Basis (or USDC to buy Basis first) in their wallet.

Step 2: Accessing the Token Factory and Providing Details

  • Within the Basis DApp, locate and click on the "Create New Token" or "Token Factory" section.

  • Fill out the intuitive on-screen form with the following details for the new token:

  • Token Type: Choose between Stable+ (up-only) or Floor+ (rising floor). Guidance and links to detailed explanations of each type will be available.

  • Token Name: The full name of the token (e.g., "My Awesome Community Token").

  • Ticker Symbol: A short, unique symbol for the token (e.g., "MACT"), typically 3-5 characters.

  • Token Description: A brief explanation of the token's purpose, utility, or the project it represents.

  • Token Image/Logo: Upload a square image (e.g., PNG, JPG, SVG) to serve as the token's visual identity.

  • Optional Social Links: Fields for website, Telegram, Twitter (X), Discord, etc., to help users find more information about the project.

  • Freeze Token: Enables creation of whitelist after deployment

  • Auto-Vesting: All token buys during the bonding phase will be automatically vested. Select type of vesting method and time period.

Step 3: Deployment and Gas Fees

  • Review all entered information for accuracy.

  • The Basis platform itself charges no fees for deploying a token through its factory. The only cost incurred by the creator is the standard Ethereum network gas fee required to execute the smart contract deployment transaction.

  • Confirm the transaction in the Web3 wallet. Once the transaction is confirmed on the Ethereum blockchain, the new Basis Token contract is live.

Step 4: Token Live, Bonding Phase Commences

  • Immediately upon successful deployment, the new Basis Token will be listed on the DEX, paired against Basis.

  • The token automatically enters its "Bonding Phase" (as described previously), with virtual liquidity established, allowing users (including the creator) to begin purchasing it.

Step 5: Fair Launch and Creator Participation

  • To ensure fairness and prevent "rug pulls" or unfair advantages, Basis's Token Factory does not allow creators to pre-mint tokens for themselves or allocate a supply to their own wallets outside the public purchasing mechanism.

  • If creators wish to hold their own tokens, they must purchase them through the DEX during the bonding phase or afterwards, under the same terms and conditions as any other user. This aligns the creator's incentives with those of their community.

Step 6: Post-Launch Monitoring and Analytics

The Basis DApp will provide creators with tools and analytics to monitor their token's performance, including:

  • Total liquidity and trading volume.

  • Number of unique holders.

  • Distribution of token holdings (e.g., percentage held by top wallets).

  • Real-time trade history.

  • Accrued fee revenue for the creator.

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