Note: Original author wax.fun!
Have you ever dreamed of creating your own token but were deterred by complex processes? The birth of wax.fun makes everything simple. This fair launch stage allows you to easily design and publish tokens without pre-sales, team allocations, or hidden tricks. All tokens follow a unified rule; the only difference is your unique creativity. Name your token, describe its features, select a code, add images, and publish with a single click—it's that simple. Now, let's delve into why wax.fun is the perfect token launch platform.
Operating mechanism: Joint curve, liquidity, and other elements
Joint curve mechanism
Every token on wax.fun follows the joint curve mechanism, meaning the price is closely linked to the circulation. As the token attracts more attention and liquidity increases, once the market value reaches $50,000 (valued at the time of creation in WAXP), the token will automatically transition to Alcor Swap. At this point, liquidity is locked, and LP (liquidity provider) tokens are burned.
Reasonable transaction fees
Buy/Sell fee: wax.fun charges a 1% fee on all token transactions to support platform operations and liquidity.
Alcor fee: Once listed on Alcor Swap, an additional 0.3% transaction fee will be charged, which will be burned, thereby reducing the supply of tokens and WAXP.
Worry-free experience with ample liquidity
No need to create a liquidity pool; the joint curve mechanism automatically calculates prices for smoother and more efficient trading.
wax.fun token standards
Cost: The cost to create a token is less than $5, including basic blockchain fees.
Supply: The maximum supply for each token can reach 1 billion.
Tradability: Trading begins immediately once 80% of the token supply has been purchased. The remaining 20% is used for liquidity on Alcor Swap.
From 'King' to Alcor: A glorious journey
When the market value reaches about $22,000, your token will ascend to the throne of 'King of WAX' on the wax.fun homepage, enjoying high exposure. But be aware, other tokens also have the chance to surpass you and claim the top spot.
Once the market value exceeds $50,000, your token will seamlessly connect to Alcor Swap. Create a liquidity pool, charge a 0.3% fee, which will be burned, further reducing the supply of WAXP and tokens. Keep climbing, keep burning, and achieve greatness!
Token issuance steps
Step 1, Prepare your wallet: Make sure your wallet has at least $5 worth of WAXP and enough blockchain resources (memory, CPU, NET). Short on resources? No worries, wax.fun will recommend the resources you need and guide you on how to purchase them.
Step 2, Connect your wallet: Link your cloud wallet, Wombat, or Anchor wallet on wax.fun.
Step 3, Customize your token: Fill in the required information such as name, code, and image. You can also add optional information such as website and social media links.
Step 4, Issue: After confirming the creation of the token, you will be redirected to the homepage, and the token status will display as 'Available'.
Trade tokens on wax.fun
Convenient trading
Browse tokens: The homepage lists all tradable tokens.
Buy tokens: Select your desired token, enter the purchase amount (at least 0.01 WAXP), and click 'Buy'.
Sell tokens: Go to the token page, enter the selling amount and confirm.
Community interaction
User profile: View your token collection in your profile.
Comments: Each wallet can post up to 5 comments under the token chart to interact with other users.
Are you ready to create your Token?
wax.fun is not just a platform, but an ecosystem of creativity and opportunity. Whether you are creating the next meme coin or trying something innovative, wax.fun can help you achieve it easily. Publish your token now!
Join the wax.fun community:
Website: https://wax.fun
Telegram: https://t.me/waxfun
X/Twitter: https://x.com/waxdotfun
Disclaimer
The content of this article is the responsibility of the author wax.fun, and has not been independently verified by WAX. WAX does not verify the authenticity or accuracy of this content in any way and makes no representations regarding the information in the article, nor does it assume any liability.
*Friendly reminder: This article is for informational purposes only and does not constitute any investment advice!