πŸͺ™Launching a coin

Costs for launching a token 5 XRP : First Ledger fee 25 XRP : Minimum amount needed for the starting liquidity pool 3.84 XRP : Account reserves and protocol fees ------------------------------------------------------------------------------------------ When launching a token on First Ledger, the token issuer is required to provide liquidity post-launch with a minimum of 25 XRP and no maximum. This liquidity will be burned on launch and the token will be blackholed shortly after.

This means the starting liquidity can never be removed and no more tokens can be minted for that token.

If the token issuer provides more than 50 XRP in the starting liquidity pool, they will be able to allocate up to 50% of the token supply to themselves pre-launch, which will be placed in escrow and unlocked within certain timeframes.

Continue to the next page for a token allocation and escrow breakdown.

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