Creating Tokens on RuneShot

Once your RuneShot account is funded, you can launch directly from the interface - no wallets or extra tools needed.

Creating a new token on RuneShot costs around ~$8 in BTC, which covers the necessary Bitcoin gas fees

🞷 Quick Start: Creating Your Token

  1. Make sure your RuneShot account is funded. Deposit BTC to your unique RuneShot deposit address. (If you haven’t done this yet, see the β€œGetting Started” section.)

  2. Go to the New Token tab on RuneShot.

  3. Fill in the details:

    • Ticker: The symbol or full name of your token. (A minimum of 4 character and a maximum of 14 characters, not including spacers.)

    • Description: Short explanation, meme, or mission statement

    • Icon: Upload a small image file (PNG, JPG, SVG, or GIF - max 25kb)

  4. Click β€œCreate!” The system will deduct the BTC fee and initiate your bonding curve.

πŸŸ† Phase 1: Bonding Curve Auction Begins

  • 800,000,000 tokens (80% of total supply) are made available for purchase through a bonding curve.

  • The bonding curve starts with a low base price and increases automatically as more tokens are bought.

  • Buyers can purchase tokens using the BTC they’ve deposited into RuneShot, with purchases executed instantly on NEAR.

  • The price per token increases gradually based on how many tokens have already been sold -encouraging early participation.

There is no secondary market yet - all buys and sells go directly through the bonding curve contract.

🞷 Buying and Selling During Bonding Curve Phase

  • Buyers get tokens added to their self-custodial RuneShot account instantly.

  • Sellers can return tokens back to the curve in exchange for BTC at the current curve price (if not fully bought out yet).

  • There are no gas fees or wait times - all trades are handled by the near-instant NEAR backend with fees covered by RuneShot.

πŸŸ† Phase 2: Graduation

  • Once 0.5 BTC is raised through the bonding curve, the token graduates.

  • This marks the transition from the curve auction to a liquid secondary market.

Once the threshold is met, the token automatically graduates from the bonding curve.

🞷 Upon graduation:

  • 0.5 BTC raised from the curve is automatically paired with the remaining 200,000,000 tokens (20% of supply, minus fees)

  • This pairing creates a fully initialized liquidity pool on Rhea Finance

  • Token trading now shifts from the bonding curve to Rhea - all within the RuneShot interface

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