How ElysiumPad works
ElysiumPad launches a token in one transaction. Its liquidity goes into an ElysiumSwap pool and can never be removed.
The launch
- Create. Pick a name (up to 32 characters), a ticker (up to 12), an image, a description and links. Then choose the token to pair it with: HYPE, or another listed token.
- Deploy. ElysiumPad deploys a plain ERC-20 with exactly 1,000,000,000 tokens and opens a 1% ElysiumSwap v3 pool against the pair token. The pool's starting price is the current launch market cap.
- All supply in the pool. The whole supply goes into the pool as one-sided liquidity, above the launch price. There's no presale, no team allocation and nothing held back.
- Locked forever. The pool position (an NFT) goes to the ElysiumPad locker. The locker has no function to withdraw or move it, so the liquidity can never be pulled.
- Earn fees. Every trade pays the pool's 1% fee. The creator gets 70% and ElysiumPad 30%. See Creator fees.
Dev buy
You can buy some of your token in the launch transaction itself, before anyone else can trade. You pay in HYPE; if the token is paired with something else, the HYPE is swapped to it first. The dev buy follows the same price curve as every other buyer.
The token
- No owner. Nobody can mint, tax, blacklist, pause or upgrade it.
- Fixed metadata. The name, ticker, image, description and links are stored in the token at creation and can never change.
- Trades anywhere. It's a standard ERC-20, so you can trade it on ElysiumPad, on ElysiumSwap, or through any app that uses ElysiumSwap pools.
Cost
- Launching is free today: there is no launch fee. The owner can set one, and the Create page always shows the current fee before you sign.
- You pay Elysium gas (about $0.05 per launch) plus your optional dev buy.