Category: News, NFT News

Degen Express’ Platform Launch Marks New Era in DeFi

By Published On: June 7, 20241.1 min readViews: 660 Comments on Degen Express’ Platform Launch Marks New Era in DeFi
All such tokens on the Degen Express platform follow the default 1 billion token supply rule. For the first time, the process of making your token has become an accessible task to creators.

Step 1: Make sure you already know the utility and value of your token.

Step 2: Develop your social networking platforms (Discord, Twitter, Telegram, etc).

Step 3: Access the DE site and find the token you want to build by clicking on the “Start a new coin” button on the homepage.

Step 4: Pick the coins name, ticker, emblem, and description.

Step 5: Elaborate on the captured social media accounts in Step 2.

Step 6: Choose your preferred pool size as well as the optional sell penalty from the options below.

Step 7: Choose up to 10% of the token allocation to be distributed linearly over 6 months to the team. On the dashboard, the distributor uses a permissionless contract that is part of your dashboard to distribute.

Step 8: Make a token.

Step 9: The users are buoying by buying on the bonding, and when the market cap reaches $55k, $12 of liquidity is deposited on AMM DE and burned as the desired liquidity forever.
The idea behind Degen Express is to make it a channel through which users can buy various cryptocurrencies such as BTC, ETH, DOT, LINK, ADA, SHIB, and DOGE as part of one platform that helps them with making the purchase easy.


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