Launch Universal Token
Last updated
Last updated
Creating a new token is a simple process with our streamlined and intuitive interface. This guide will walk you through how to create a new token using UTS.
First, navigate to UTS via the navigation bar on the Entangle website.
Total supply is the summarised initial supply on all chains; for more information about the mechanism, see the architecture page.
Fill in all of the necessary information (Ticker, Name, Total Supply, Mechanism, Decimals, Contract Address) for the token you're launching, and then click "Preview Setup" to proceed to the next step.
The button may be replaced with a connect your wallet button if you have not connected it yet. In which case please connect it first, then the preview button will become available.
Now you should decide networks for deployment and how to initially split the total supply between chosen blockchains. You can decide to split it evenly, or define a custom value. If you decide to define a custom value, make sure that the total value of tokens on each chain equals the initial supply. The total deployment fee will be automatically updated and displayed in the native currency of the connected blockchain network.
When you're ready click "Setup & Deploy" and sign the transaction to confirm deployment of the smart contract. After a few seconds the deployment will be completed and you will be automatically redirected to the next step.
After succesful deployment you will see the newly created cluster of smart contracts for the token on the station page. That's it! Now copy the token address and go to Entangle bridge page to perform your first bridge!
