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NERC20
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  • Introduction of NERC20
  • Instructions for use
  • Fee rules (TBD)
  • Community Governance
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On this page
  • 1- Basic information Website
  • 2- Deploying new tokens
  • (1)Mode Selection
  • (2)Free Mode(Take ENULS as an example)
  • (3) Donation mode(Take ENULS as an example)
  • (4) liquidity model(Take ENULS as an example)
  • 3- Deployment of higher-order tokens(Take ENULS as an example)
  • 4- Minting NERC20 tokens(Take ENULS as an example)
  • 5- Minting NERC20 tokens during the freezing period(Take ENULS as an example)

Instructions for use

PreviousIntroduction of NERC20NextFee rules (TBD)

Last updated 1 year ago

1- Basic information Website

2- Deploying new tokens

(1)Mode Selection

Click the orange [DEPLOY] button and the following figure appears:

Version 2.0 new on the choice of mode, which is divided into

  • [Free Mode]

Users are free to cast, casting does not require a fee.

  • [Donation mode]

The deployer can set the casting price and the attribution address, and the user casts according to the set casting price.

  • [liquidity model]

Deployer can set the minting unit price and pooling ratio, users mint according to the set minting price, the minted tokens are added to the liquidity according to the set ratio and minting unit price NULS(100%), LP tokens are permanently destroyed, and the tokens cannot be traded until 100% minting is completed.

(2)Free Mode(Take ENULS as an example)

In the picture above:

Name: 4-8 letters (lowercase letters/numbers) token symbol, this is unique and first come first served.

Introduction: Token name, up to 20 characters.

Hard Top: Maximum number of tokens to be minted.

Single quantity: the number of tokens you get per minting.

If you only fill in the above four items, a NERC20 token will be issued with no freeze period, no holding condition and free minting.

After filling in, click the [OK] button at the bottom right to call [metamask wallet] and start deploying new tokens.

(3) Donation mode(Take ENULS as an example)

In the picture above:

Name: 4-8 letters (lowercase letters/numbers) token symbol, this is unique and first come first served.

Introduction: Token name, up to 20 characters.

Hard Top: Maximum number of tokens to be minted.

Single quantity: the number of tokens you get per minting.

Minting unit price: refers to the number of NULS paid by the user when minting, the minting price is denominated in NULS, when 1 is entered, the single minting cost is 1 NULS.

Donation Archiver Address: refers to the address where the deployer receives donations, default current linked ENULS wallet address.

(4) liquidity model(Take ENULS as an example)

In the picture above:

Name: 4-8 letters (lowercase letters/numbers) token symbol, this is unique and first come first served.

Introduction: Token name, up to 20 characters.

Hard Top: Maximum number of tokens to be minted.

Single quantity: the number of tokens you get per minting.

Minting unit price: refers to the number of NULS paid by the user when minting, the minting price is denominated in NULS, when 1 is entered, the single minting cost is 1 NULS.

Donation Archiver Address: refers to the address where the deployer receives donations, default current linked ENULS wallet address.

Add liquidity pool proportion: refers to the user donation after how much according to how much proportion into the liquidity pool, example: set the proportion of 30%, the user MINT donation 1NULS, there are 0.3NULS into the liquidity pool, it is recommended that more proportion into the liquidity pool, increasing the attractiveness of the project.

3- Deployment of higher-order tokens(Take ENULS as an example)

Click the above [More Setting...] button to display the high level token configuration.

In the picture above:

Batch: Maximum number of batch casts.

Freeze Time: Freeze time (number of seconds).

Position Token/NFT: means the user must hold a specific token or NFT to participate, where fill in the position asset contract address.

Minimum position: requires the minimum position quantity of the specified token.

After filling it, click the [OK] button at the bottom right to call [metamask wallet] and start deploying new tokens.

4- Minting NERC20 tokens(Take ENULS as an example)

Click the button above to start minting. The details of the token will be displayed first, as follows:

Check if the casting parameters are correct. Note: If they are not met, a red alert will appear, and you cannot continue casting at this point. After clicking the [Casting] button, a [metamask wallet] pop-up will appear asking for confirmation, see the following figure:

Look carefully at the green box part in the picture above, this is the casting fee (because this tutorial is running on ENULS test network, so it shows NULS) After confirming it is correct, click the [Confirm] button in [metamask wallet], sign and send the transaction. After a while, it will show the transaction confirmation and finish minting.

5- Minting NERC20 tokens during the freezing period(Take ENULS as an example)

If the token has a freeze period, it will enter the freeze period after free minting.

After entering the freezing period, the first minting reward is 500 NULS (total cost of 500 NULS + minting fee), the second reward is 1000 NULS (total cost of 1000 NULS + minting fee), the third reward is 2000 NULS (total cost of 2000 NULS + minting fee), and so on, with each subsequent reward doubling.

https://www.nerc20.cash/