🪙Create a token

Your step-by-step Token creation guide!

🚀 Brief instruction

You can create your own token on Polyton in a few simple steps:

1. Open the Polyton app in Telegram and connect your TON wallet.

2. On the tap bar, click on the very right button. It looks like a plus sign.

3. Think of a name for your token, upload a logo, specify a symbol and optionally a short description.

4. On the next page, you can provide links to your resources: telegram, twitter or website, etc.

5. Next, let's get to the most interesting part. You will need to specify the start and end dates of the presale, soft and hard caps, as well as min and max amount of token purchase.

6. On the next page, enter the total number of tokens to be created and their distribution between the presale, liquidity pools and the team.

7. On the last page, it is left to specify the distribution of TONs obtained as a result of the presale. After that, don’t hesitate to click «Create and sell».

8. To complete the token creation, you need to confirm the transaction in your wallet and wait it to be upload.

Done! You can see the created token on the Polyton homepage. ⚡️ After the token creation, it's time to tell the world about it!

🤓 Detailed instruction:

You've decided that the time has come to create your token! To do this, press the third button on the tap bar. It looks like a plus sign.

Step 1: Start the Token Creation Process

Upload a logo: Choose an image in PNG, JPEG, GIF, or SVG format to represent your token.
- Adjust the uploaded logo by moving and scaling it to fit within the circular frame.

Enter Token Details:
- Token Name: Enter a name for your token (e.g., "Povel Durev").
- Token Symbol: Assign a token symbol (e.g., "DUREV").
- Description (optional): Provide a short description about your token.

Once the logo and details are set, click "Next Step" to continue with the token creation process.

Step 2: Add Links to Your Resources

Website: Enter the official website URL for your token project to provide more detailed information.
Telegram: Add your Telegram channel link so users can join your community or stay updated. Optionally, you can add multiple links (e.g., for announcements and team discussions).
Twitter / X: Link your token's Twitter/X account for users to follow your project's updates.
GitHub: If your project involves open-source development, add your GitHub repository link for transparency.
White Paper: Include a link to your project's white paper to give a comprehensive overview of your token's purpose and strategy.
Getgems: Optionally, add a link if you have a presence on the Getgems platform.
Facebook/Discord/Instagram: You can also link other social media platforms to reach a broader audience.
Other Links: If you have additional resources, like a blog or other informational links, you can add them here.

Step 3: Configure Pre-sale Settings

This step lets you define the important parameters for your token sale.

Sale Starts: Pick the date and time when your pre-sale begins (e.g., 21.08.2024, 14:00). This is when buyers can start purchasing tokens.
Sale Ends: Select the end date and time for the pre-sale (e.g., 28.08.2024, 14:00). No tokens will be sold after this point.
Soft Cap: Set the minimum amount of TON required to consider the pre-sale successful. If this goal isn’t reached, investors will be refunded. (e.g., 6,000 TON)
Hard Cap: Define the maximum amount of TON your pre-sale can raise. Once this target is hit, no further sales will be allowed, and the sale will close. (e.g., 7,000 TON)
Minimum Bid: Set the lowest amount of tokens a user can purchase during the sale. This ensures fair access for smaller investors. (e.g., 1 TON)
Maximum Bid: Set a limit on the maximum amount of tokens a user can buy to prevent any single buyer from acquiring too many tokens. (e.g., 200 TON)

Once you're satisfied with these settings, click "Next Step" to proceed to token distribution.

Step 4: Specify Token Distribution

This step allows you to define how your total token supply will be allocated.

Total Supply: Enter the total number of tokens to be created. No more tokens can be minted beyond this amount. (e.g., 150,000,000 DUREV)
Allocate Tokens:
- Liquidity Pools: Set the percentage of tokens reserved to ensure market liquidity for trading. (e.g., 60%)
  Liquidity Pools are pools of tokens locked in a smart contract on a decentralized exchange (DEX). By allocating a portion of your tokens (e.g., 50%) to a liquidity pool, you ensure there are enough tokens available for users to buy and sell. This facilitates smooth trading, stabilizes your token's price, and makes your token more attractive to traders by providing necessary market liquidity. Instead of matching buyers with sellers, DEXs use liquidity pools to execute trades instantly based on predefined algorithms (like Automated Market Makers).
- Pre-sale: Set the percentage of tokens available for purchase during the pre-sale event. (e.g., 40%)
  Tokens are a portion of your total token supply set aside for early investors before the token becomes publicly available. By allocating a percentage to the pre-sale (e.g., 40%), you allow early supporters to purchase tokens at an initial stage, often at a discounted rate. This helps you raise initial funds, generate interest, and build a community around your project prior to the public launch.
- Creator Distribution (Optional): If desired, you can allocate tokens for specific purposes such as team rewards or marketing. Add these allocations by specifying a name and percentage (e.g., Marketing - 10%).
Set Vesting & Cliff for Tokens (Optional)
This step is optional and allows you to add vesting and cliff periods for your token distribution. To enable it, toggle the switch at the top of the section.
- Cliff Date: Choose the date when the cliff period ends, and tokens start to unlock. Before this date, no tokens can be claimed (e.g., 21.08.2024).
- Cliff Percentage: Define the percentage of tokens that will be released immediately once the cliff period ends (e.g., 0%).
- Vesting Start Date: Set the date when the gradual release of tokens will begin (e.g., 21.08.2024).
- Vesting End Date: Select the final date when all tokens will be fully unlocked and available for claiming (e.g., 21.08.2025).

Step 5: Specify TON Distribution

Here, you define how the TONs collected during the pre-sale will be allocated.

Allocate TONs:

Mandatory Allocations: Liquidity Pools: Set the percentage of TONs received during the presale that will be allocated to liquidity pools. (e.g., 80%)
Liquidity Pools ensure enough TON liquidity is available for smooth post-sale trading. Allocating a portion of the TON raised (e.g., 80%) to a liquidity pool stabilizes your token's price and makes it easier for users to trade the token. These pools provide essential market liquidity for decentralized exchanges (DEXs), allowing for fast and reliable token trades without needing to match buyers and sellers.
Additional Allocations (Optional):
You can choose to allocate TONs for other purposes such as Marketing or team rewards. Add these by specifying a name and percentage. (e.g., Marketing - 20%).
This additional allocation helps to transparently show how you will use the funds from the presale. Whether for marketing, development, or team compensation, TONs in these categories will be made available after the presale and visible on the sale page for investors to see.
Set Vesting & Cliff for TONs (Optional)
The Vesting & Cliff feature allows you to lock and release tokens gradually over time. This step is optional and can be enabled by switching on the toggle at the top of the section.
- Cliff Date: Select the date when tokens will start unlocking. Before this date, no tokens can be claimed. (e.g., 21.08.2024)
- Cliff Percentage: Choose what percentage of tokens will be unlocked after the cliff date.
- Vesting Start Date: The date when tokens start unlocking.
- Vesting End Date: The date when 100% of the tokens will be fully unlocked and available for claiming. (e.g., 21.08.2025)

After configuring the TON cliff and vesting, click "Next Step" to review all your settings.

Step 6: Review and Confirm

This is your chance to review all the details before finalizing your token creation.

Carefully review all the information. If everything looks correct, click "Create and Sell" to finalize the token creation process.

Step 7: Confirm Transaction in Your Wallet👍

To complete the token creation, you'll need to confirm the transaction in your connected TON wallet.

Transaction Approval: Open your TON wallet when prompted and approve the transaction.
Wait for Confirmation: The process may take a few moments. Please do not close the app during this time.

Step 8: Promote Your Token!🎉

Congratulations!🎉 Your token has been successfully created and is now live.

What should you do next?

Share Pre-sale Page: Use the provided link to share your token's pre-sale page with potential investors.
Engage on Social Media: Utilize your social media channels to announce your token launch and build community interest.
Monitor Your Sale:
- Keep track of your pre-sale progress through the dashboard.
- Engage with your community to answer questions and provide updates.