1 / 9

How to Launch Your DeFi Token: A Complete Guide

DeFi tokens are the backbone of the decentralized ecosystem. They can be easily traded and transferred by users as tokens have a specific value attached to them and can be utilized for various purposes. It is also called a special kind of digital currency. It can perform a lot of roles in the native blockchain network or financial ecosystem.

VanessaJane
Télécharger la présentation

How to Launch Your DeFi Token: A Complete Guide

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How to Launch a DeFi Token:A Detailed Guide

  2. Introduction • DeFi tokens are tradable assets carrying a particular value. • The investors can trade it easily in the leading cryptocurrency exchanges in the market. • DeFitokens play a crucial role in the massive growth of the DeFi ecosystem. • They are also called a special kind of asset or utility.

  3. What Are DeFi Tokens? • It can be used to exchange assets, for payments, and in daily trading activities. • DeFi tokens can be obtained for free by participating in various airdrop programs.  • Some of the popular ones are Chainlink, Wrapped BTC, Synthetix, DAI, and Maker. • DeFi tokens have surpassed the growth of the leading cryptocurrencies in the market.

  4. Common Features of DeFi Tokens • They are created on a blockchain network like Ethereum, Hyperledger, and Stellar. • They can be seamlessly integrated with popular DApps and asset exchange platforms. • Many types of tokens are present like equity, utility, security, and payment.  • Tokens can be swapped easily by a user after paying a corresponding swap fee.

  5. Difference B/w DeFiToken and Coin • Coins are fungible while DeFi tokens are considered to be non-fungible in nature. • Coins generally are not versatile as they have only a single use-case. On the other hand, Tokens have plenty of use cases as they can perform multiple functions seamlessly. • Coins generally are backed up by a constant supply while new tokens can be created based on the operational requirements and the market demand. • Coins cannot be recovered once it has been lost by the investor while tokens have an inbuilt retrieval facility.

  6. Simple Steps to Launch a DeFi Token • Fix the token name, total supply, and its logo beforehand. • Finalize the right blockchain network to launch the token. • Deploy a robust smart contract for automation of all the operations. Integrate a digital wallet for the smooth transfer of tokens.  • List your token on the leading crypto exchanges in the market to attract more investors and boost its sales.

  7. Factors to Keep in Mind While Launching a DeFiToken • Focus on the business goals to be achieved. • Prepare a well-planned distribution strategy for circulating your token far and wide in the market. • Publish a detailed whitepaper highlighting all the technicalities, financial information, and legal aspects of your token. • Promote your token in the market actively and offer technical support to the buyers of your token round the clock.

  8. Why Choose Blockchain App Factory • A variety of DeFi applications are created in a customized manner. • Assistance is provided for integrating the DeFi tokens with decentralized applications and boosting the overall growth. • 24x7 technical support is rendered in multiple languages by a dedicated team. • All the projects are delivered on time without imposing any hidden charges.

  9. Contact usWebsite : https://www.blockchainappfactory.com/ Email Id : info@blockchainappfactory.com Contact No : +91 6382 665 366

More Related