Token creation
Last updated
Last updated
The first key component of Rush is token creation, and the best part is you don’t need to know any programming or have deep pockets. Just fill out the token launch form with your preferences and sign a transaction.
The form is straightforward, but two parameters might be new to token creators — these are part of our core innovation. Instead of creating a token that other services will not support due to bonding curve or providing your own liquidity, you can just borrow liquidity for a set duration.
You pay an upfront fee of about 0.01% per hour based on your initial liquidity and get leverage (up to 8,600x what you pay lenders). With Rush, no tech skills or starting capital needed, just focus on building your community (traders pay lower fees here than on other launchpads).
When it’s time to repay the loan or your token gains an additional 2.5 ETH, anyone can begin unwinding to pay back the lending pool. This reduces available liquidity and lowers the token's market cap. To stabilize the price, a portion of the token supply will be permanently locked.
The unwinding process can lead to slippage loss, especially if there’s only a small amount of extra liquidity in the pool. When the pool unwinds due to a deadline, Rush minimizes slippage by locking more tokens than necessary.
Currently, each token launched on Rush has a total supply of 1 billion, though this could be adjustable later if there’s demand for it. With 1B supply, the initial pool price ranges from $0.00000125 to $0.00000625.
The total token supply goes directly into a trading pool, where people can start swapping right away.
