Note: The original author is wax.fun!
Have you ever dreamed of creating your own token but were deterred by the complex process? The birth of wax.fun makes everything simple. This fair publishing platform allows you to easily design and publish tokens without pre-sales, team allocations, or hidden tricks. All tokens follow unified rules, with the only difference being your unique creativity. Name your token, describe its features, select a code, add images, and publish with one click. It's that simple. Now, let’s delve into why wax.fun is the perfect token publishing platform.
Operation mechanism: joint curve, liquidity, and other factors
Joint curve mechanism
Every token on wax.fun follows the joint curve mechanism, which closely links price and circulation. As the token's appeal increases and liquidity enhances, once the market value reaches $50,000 (valued in WAXP at creation), the token will automatically transfer to Alcor Swap. At this time, liquidity is locked, and LP (liquidity provider) tokens are destroyed.
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% trading fee will be charged, and these fees will be destroyed to reduce the supply of tokens and WAXP.
Worry-free experience, full liquidity
No need to create a liquidity pool; the joint curve mechanism automatically calculates prices, making trading smoother and more efficient.
wax.fun token standard
Cost: The cost to create a token is less than $5, including basic blockchain fees.
Supply: The maximum supply of each token can reach 1 billion.
Tradability: Trading begins immediately once 80% of the token supply is purchased. The remaining 20% is used for liquidity on Alcor Swap.
From 'King' to Alcor: the glorious journey
When the market value reaches about $22,000, your token will ascend to the throne of 'King of WAX', enjoying high exposure on the wax.fun homepage. However, be aware that other tokens also have the chance to surpass you and take the top spot.
Once the market value exceeds $50,000, your token will seamlessly connect to Alcor Swap. Create a liquidity pool and charge a 0.3% fee, which will be destroyed, further reducing the supply of WAXP and tokens. Continuously rise, burn persistently, achieve greatness!
Token issuance steps
Step 1, prepare a wallet: Ensure your wallet has at least $5 in WAXP and enough blockchain resources (memory, CPU, NET). Short on resources? Don't worry, wax.fun will recommend the needed resources and guide you to purchase.
Step 2, connect wallet: Bind your cloud wallet, Wombat, or Anchor wallet on wax.fun.
Step 3, customize token: Fill in the required information such as name, code, and image. You can also add optional information like website and social media links.
Step 4, issuance: 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.
Purchase 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 amount to sell and confirm.
Community interaction
User profile: Check your token collection in your profile.
Comments: Each wallet can post up to 5 comments under the token chart for interaction with other users.
Are you ready to create your Token?
wax.fun is not just a platform, but an ecosystem where creativity and opportunity coexist. Whether you're creating the next meme coin or trying something innovative, wax.fun can help you achieve it effortlessly. 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 in the article is the responsibility of the author wax.fun, and has not been independently verified by WAX. WAX cannot verify the authenticity or accuracy of this content in any way and makes no representations regarding the information in the article, nor will it bear any responsibility.
*Friendly reminder: This article is for informational purposes only and does not constitute any investment advice!