📖 User Guides

🪙 How to create a token

1. Go to POTLAUNCH and click on Token Creator in the navigation bar.

2. 🦊 Connect your wallet (Connect Wallet).

3. 🧩 Select a token template that fits your purpose.

4. 🔄 Select an exchange.

5. 💸 Choose a pricing mechanism (Pricing Mechanism).

6. 📝 Review your selection (Review Your Selection).

7. 🏷️ Enter basic information: Name, symbol, total supply, description, logo, banner, etc.

8. 🌐 Add social links: Twitter, Telegram, Discord, Farcaster, Website, etc.

9. 🎁 Set up token distribution: Add allocations, vesting if needed.

10. 📈 Configure price mechanism: Bonding curve or fixed price.

    • Select template price mechainsm
    
    • Configure price mechainsm
    

11. 💧 Set up DEX listing: Choose DEX, liquidity source, SOL amount, etc.

12. 💰 Configure fees: Mint, transfer, burn fees, fee recipient address, etc.

13. 🚀 Set up token sale: Launch type, soft cap, hard cap, schedule, min/max contribution, etc.

14. 🛡️ Admin setup: Admin wallet address, admin structure, revoke mint/freeze authority, etc.

    • Admin Structure: Single Wallet
    
    • Admin Structure: Multi Signature
    
    • Admin Structure: Dao Controlled
    

15. 🔍 Review & deploy: Double-check all information.

16. 🟢 Deploy Token: Click Deploy to finish creating your token!

    • When you click deploy token, a waiting pop-up like this will appear
    
    • The last step is to confirm the transaction and you have successfully deployed.
    

👀 Viewing existing tokens

• To see the tokens you have created, go to My Tokens.

• To explore all tokens on the platform, visit the Token Launchpad.

Trading tokens on the platform

🛒 How to buy tokens

1. Navigate to the Token Launchpad

   • Go to POTLAUNCH and click on Token Launchpad in the navigation bar.
   • Browse through available tokens or search for specific tokens you're interested in.
   

2. Select a token to trade

   • Click on any token card to view its details, including:
     • Token information (name, symbol, description)
     • Current price and market cap
     • Trading volume and liquidity
     • Social links and community info
   

3. Connect your wallet

   • Click the Connect Wallet button if you haven't already
   • Choose your preferred wallet (Phantom, Solflare, etc.)
   • Approve the connection request
   

4. Review token details

   • Check the token's current price and market statistics
   • Review the tokenomics and distribution
   • Read the project description and social links
   • Verify the liquidity and trading volume

5. Enter purchase amount

   • In the trading interface, enter the amount of tokens you want to buy
   • The platform will automatically calculate the total cost in SOL
   • You can also enter the SOL amount and see how many tokens you'll receive
   

6. Review transaction details

   • Double-check the token amount, price, and total cost
   • Verify the transaction fees and slippage tolerance
   • Ensure you have sufficient SOL balance for the purchase

7. Confirm the transaction

   • Click Buy Tokens or Confirm Purchase
   • Your wallet will prompt you to approve the transaction
   • Review the transaction details in your wallet
   

8. Wait for confirmation

   • The transaction will be processed on the Solana blockchain
   • You'll see a loading indicator during processing
   • Wait for the transaction to be confirmed (usually takes a few seconds)

9. Transaction completed

   • Once confirmed, you'll see a success message
   • Your tokens will be automatically added to your wallet
   • You can view your token balance in your wallet or on the platform
   

📊 How to sell tokens

1. Access the trading interface

   • Go to the token's trading page
   • Click on the Sell tab or toggle to sell mode

2. Enter sell amount

   • Specify how many tokens you want to sell
   • The platform will show the SOL amount you'll receive
   • Consider the current market price and liquidity

3. Review and confirm

   • Check the exchange rate and fees
   • Confirm the transaction in your wallet
   • Wait for the transaction to be processed

💡 Trading Tips

• Always DYOR (Do Your Own Research): Research the project, team, and tokenomics before investing
• Check liquidity: Ensure there's sufficient liquidity for smooth trading
• Monitor slippage: Be aware of price impact, especially for large orders
• Use limit orders: Consider using limit orders for better price control
• Keep track of fees: Account for transaction fees and platform fees
• Secure your wallet: Never share your private keys and use hardware wallets for large amounts

🔍 Viewing your portfolio

• My Tokens: View all tokens you've created or purchased
• Transaction History: Track all your buy/sell transactions
• Portfolio Value: Monitor your total portfolio value and performance
• Price Alerts: Set up notifications for price movements

Understanding token economics

🏗️ What are token economics?

Token economics (tokenomics) refers to the economic model and design of a cryptocurrency or token. It encompasses all the factors that influence a token's value and utility, including supply, demand, distribution, and governance mechanisms.

📊 Key token economics concepts

Token Supply

• Total Supply: The maximum number of tokens that will ever exist
• Circulating Supply: Tokens currently available in the market
• Locked Supply: Tokens held in vesting schedules or smart contracts
• Burned Supply: Tokens permanently removed from circulation

Token Distribution

• Team & Advisors: Usually 10-20% with vesting schedules
• Community & Public Sale: 30-50% for fair distribution
• Liquidity: 10-20% for DEX liquidity pools
• Marketing & Development: 5-15% for ongoing operations
• Reserve: 5-10% for future development

Vesting Schedules

• Linear Vesting: Tokens unlock gradually over time
• Cliff Vesting: No tokens until a specific date, then gradual release
• Milestone Vesting: Tokens unlock based on project achievements

💰 Pricing Mechanisms on POTLAUNCH

Bonding Curve Pricing

• How it works: Price increases as more tokens are sold
• Formula: Price = Base Price × (1 + Supply Sold / Total Supply)^Curve Exponent
• Benefits:
  • Fair price discovery
  • No manipulation
  • Continuous liquidity
• Example: Early buyers get better prices, later buyers pay more

Fixed Price Sales

• How it works: All tokens sold at the same price
• Benefits:
  • Predictable pricing
  • Simple to understand
  • Fair for all participants
• Use cases: Initial token sales, private rounds

Dutch Auctions

• How it works: Price starts high and decreases until all tokens are sold
• Benefits:
  • Market-driven pricing
  • Efficient price discovery
  • Prevents FOMO buying
• Example: Price starts at 1 SOL, decreases by 0.01 SOL every hour

🔄 Token Utility & Value Drivers

Utility Functions

• Governance: Voting rights on protocol decisions
• Staking: Earn rewards by locking tokens
• Access: Exclusive features or services
• Payment: Use tokens for platform fees
• Rewards: Earn tokens for participation

Value Drivers

• Scarcity: Limited supply increases value
• Demand: Growing user base and adoption
• Utility: Real-world use cases
• Network Effects: More users = more value
• Speculation: Future potential and hype

📈 Market Dynamics

Supply & Demand

• Bull Market: High demand, increasing prices
• Bear Market: Low demand, decreasing prices
• Equilibrium: Supply meets demand at stable price

Liquidity

• High Liquidity: Easy to buy/sell without price impact
• Low Liquidity: Large trades cause significant price movement
• Liquidity Pools: Automated market makers provide continuous trading

Volatility

• High Volatility: Large price swings, higher risk/reward
• Low Volatility: Stable prices, lower risk
• Factors: Market sentiment, news, whale activity

🎯 Token Launch Strategies

Fair Launch

• No pre-mine: All tokens available to public
• Equal opportunity: Same price for everyone
• Community-driven: Decentralized decision making
• Benefits: Trust, fairness, community ownership

Vested Launch

• Team tokens: Locked for 1-4 years
• Advisor tokens: Gradual release over time
• Community tokens: Immediate access
• Benefits: Aligns incentives, prevents dumping

Tiered Launch

• Whitelist: Priority access for early supporters
• Public sale: Open to everyone
• DEX listing: Continuous trading after launch
• Benefits: Rewards early supporters, fair distribution

💡 Best Practices for Token Economics

Design Principles

• Sustainability: Long-term viability over short-term gains
• Fairness: Equal opportunity for all participants
• Transparency: Clear tokenomics and vesting schedules
• Utility: Real value beyond speculation
• Security: Protection against manipulation

Common Mistakes to Avoid

• Too much supply: Dilutes value and reduces scarcity
• Poor distribution: Concentrates wealth in few hands
• No utility: Pure speculation without real use cases
• Unrealistic vesting: Too short or too long lock periods
• Lack of transparency: Hidden tokenomics or unclear rules

Success Factors

• Strong community: Engaged and active user base
• Clear roadmap: Defined development milestones
• Regular updates: Transparent communication
• Market timing: Launch during favorable conditions
• Partnerships: Strategic collaborations and integrations

🔍 Analyzing Token Economics

Key Metrics to Watch

• Market Cap: Total value of all tokens
• Fully Diluted Valuation (FDV): Value if all tokens were circulating
• Price to Sales Ratio: Token price relative to platform revenue
• Holder Distribution: How tokens are distributed among addresses
• Trading Volume: Daily trading activity

Red Flags

• Concentrated ownership: Few addresses hold most tokens
• No vesting: Team can dump immediately
• Unrealistic promises: Too good to be true returns
• Lack of transparency: Hidden tokenomics or team
• No utility: Pure speculation without use cases

📚 Resources for Learning More

• Token Economics Guides: Comprehensive tutorials and best practices
• Market Analysis Tools: Charts, metrics, and analytics platforms
• Community Forums: Discussions with other token creators and investors
• Expert Consultations: Professional advice for token design
• Case Studies: Analysis of successful and failed token launches