Launching a token

Launching is permissionless — there is no application, no review queue and no approval. The flow has five steps and mirrors the create page exactly.

Step 1 — Basics

Name, ticker (2–10 letters or numbers), total supply and a short description. Continue stays disabled until each field is valid, and the reason is shown inline underneath rather than left for you to guess.

Step 2 — Distribution rules

Two sliders: the minimum number of distinct holders (50–5,000) and the maximum share of supply any one wallet may hold (1%–20%). A plain-language preview updates as you drag, for example: "This token unlocks once it has at least 500 holders and no wallet holds more than 5% of supply."

Pick numbers you can realistically reach. A 5,000-holder threshold on a niche token means the utility may never activate — which is allowed, but disappointing for buyers who expected it.

Step 3 — Utility

Define what activates on unlock: a fee discount percentage, a governance weight multiplier, a staking APY boost, or a custom free-text benefit you describe yourself. The field types are flexible on purpose — the protocol does not assume one kind of utility.

Step 4 — Review

A summary of everything, the full distribution rule written out in plain language, and the launch cost: a placeholder 2500 $RELAY (60% burned, 40% staked against the token). If your wallet isn't connected you'll see "Connect Wallet to Continue" rather than a dead disabled button.

Step 5 — Live

A confirmation screen with a share link. Your token trades immediately; the utility stays dormant until distribution crosses your threshold.