Launch a token
Create a native token and open its market in one step.
A token on QRDX is not a contract. It is a registry entry (name, symbol, supply, authorities) and balances held in consensus, so creating one is a single transaction and there is no code to audit. Every native token is also an ERC-20 inside the EVM.
On trade.qrdx.org
Launch creates a token and a market for it at once:
- Name, symbol and supply. Symbols are not unique; the token is identified by its address, which is fixed before the block includes it.
- How much you keep. The rest goes on the launch curve.
- Launch price and curve. The curve is a concentrated-liquidity position holding only the new token, from the launch price up to a multiple of it. Buyers swap the quote asset in and walk the price up the range, which behaves like a bonding curve but is an ordinary pool that anyone can trade on, add to or route through.
- Pool cost. Stake 10,000 QRDX (refunded if the pool is later removed) or burn 5,000 QRDX (the pool is permanent).
The wallet asks you to approve the token, the pool and the curve. They can all land in the same block.
Authorities
A token has optional authorities. Each can be handed over or renounced; renouncing is permanent.
| Authority | Can | If none |
|---|---|---|
| Mint | create new supply, up to the max supply if one is set | the supply is fixed forever |
| Freeze | freeze and thaw accounts' balances of the token | no account can ever be frozen |
A launch on trade.qrdx.org never sets a freeze authority, so nobody can lock a holder's coins. By default it has no mint authority either, so the supply is fixed; you can choose to keep the right to mint (for yourself or another address), and buyers will see that. The explorer shows Fixed supply, Mintable and Freezable on every token page.
Advanced: extensions
Tokens created with TOKEN_DEPLOY directly can opt into extensions when they are created: metadata, transfer fees, non-transferable (soulbound), default-frozen, a permanent delegate, pausing, and ERC-777 operators. Native tokens lists them. Tokens with a transfer fee or that cannot be transferred cannot be pooled.
After launch
- The token page on the explorer shows its price, chart, supply, markets and holders' trades.
- As the creator, you can claim the token on the explorer and set its image, description and links. QRDX Trade and the wallet show the image.