Creating a Token

Launching a new token on Token Mill can be simple and straightforward OR complex and high IQ — it's totally up to you.

You'll be able to find exactly what you need to launch your perfect community token on the Token Mill "Create" page, regardless of if you're a Mill-tard or a Mill-brain. Here's what to expect for any basic launch:

Choose your fighter ™

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Basic Customization for your Token [Mill-tard Friendly]

Mill-tard mode makes it easy to launch a new token. Just follow these steps:

1. Create a Token

   • Start by setting up the basics. Add an image, name, symbol, description, and any social links for your token.

2. Pick Your Default Curve

   • Choose how quickly your token's price will change as it's bought or sold by selecting a predefined bonding curve option: Linear, Logaritchmic, Power, Quadratic, Exponential.

   • 💡 Read this guide to learn more about these curve types.

   
3. Make an Initial Purchase [Optional]

   • Purchase a percentage of the token supply directly from the curve as the creator. Simply specify what percentage of the supply you wish to buy and the cost will be calculated based on the curve design selected.

4. Lock Tokens [Optional]

   • Choose to lock up these initial tokens for a vesting period by selecting a Cliff Start date and Vesting End date. Your tokens will be vested by Token Mill's token locker over this period.

   • While your tokens are vesting they will be staked and earning fees from buying activity.

   • 💡 Read this guide to learn more about Vesting.
5. Launch

   • Double-check your settings, and when you're ready, hit 'Create Token'. All tokens are placed on the bonding curve, and trading can begin immediately. Congrats Mill-tard!

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Additional Customization for your Token [Mill-brains Only]

Activate Mill-brain mode and fine-tune your token design with unparalleled flexibility in curve creation. Token Mill allows you to design a unique token economic model that no other platform can match. Here’s how you can build your dream token:

1. Set Your Supply

   • Choose the total supply for your token (aka the maximum # of tokens that will ever exist).

2. Set Your Prices

   • Define the Minimum Price: The starting price when the token launches.

   • Define the Maximum Price: The highest possible price as the token is bought up the curve. If this is reached, all tokens in existence will become circulating and the bonding curve will only hold the quote token (Eg. SOL).

3. Set Your Fees

   • Set the base fee users pay on every token Buy from the curve

   • Set the fee distribution between creator (you) and community (stakers).

     • Platform Fee: Token Mill takes a fixed 20%.

     • Creator/Community Fee: Allocate the remaining 80% between you (the creator) and stakers.

4. Set Your Number of Intervals

   • Specify the number of price intervals on your bonding curve. More intervals lead to a smoother price transition, but may involve higher gas costs. [Not available on Solana]

5. Set Curve Variables

   • Adjust the curve variable that defines the shape of the bonding curve. This is only available on Power and Quadratic Curves.

6. Configure Ask/Bid Price Points

   • Manually adjust individual ask and bid prices along the curve to fine-tune your tokens price path. This is where you depart from the default curves and take complete control over how your token behaves.

   • Implement dynamic fees by increasing the spread between ask/bid curves (aka. buy/sell curves) at various points along the curve. More on this here.
   • 🧠 Building compelling and unique bonding curves is a more complicated task. 1M IQ or above is recommended.