SAFU Minter
Simple process of Creating your own SAFU Token
SAFU is a closed sandbox playground for people that want to make their own tokens and market these to their communities in a safe environment. All tokens sold and traded on SAFU.io are minted via the SAFU minter. Therefor eliminating the need for pointless contract audits that scam audit companies charge $8,000 USD for.
Getting Started:
Choose your Chain:
Version 1 of SAFU.io supports Ethereum And Binance Smart chain. Collectively they cover 80% of the meme token space.
Token Description:
Name of Token: Short Term for Token
Token Ticker: 5 letter name for token
Build your Tokens Game Theory:
1. Token Base Economy:
1.1 Inflation Token:
Inflation tokens are tokens that constantly mint new token supply and distribute these to its holders or stakers. Examples of such tokens are Olmypus DAO like tokens or tokens such as HEX. Within this category project owners can choose two types:
1.1.1 Hex base: Hex is a populare token created by richard heart. The token has a fixed inflation rate that is distributed to all stakers proportional to their locking period. Token Economics
1.1.2 Olympus DAO: Hyperinflation tokens that have a very high inflation rate that is distributed to all stakers. All participants get equal APR on their yield. The Project owner can define the cooldown period. Token Economics
1.2 Static Supply Token:
Simple tokens that have a fixed supply, just like Bitcoin. Once token is minted, there is no way to mint additional tokens. Project owners can define total token supply sold to participants, supply for staking campaigns and supply for the DAO Treasury.
1.3 Reflection Token:
Description allowing reflection.
2. Adding Transaction Fees:
Meme tokens usually come with some form of fee on every transaction as a mechanism to grow treasuries, burn tokens or increase LP. Project owners are able to customize their tokens with one or multiple different transaction fees. For each category, projects can choose the starting fee and the maximum fee. Projects can change the transaction fee between 0% to the maximum fee, however the fee can never exceed more then 20%.
2.1 Liquidity Fee:
Fee that is half sold to BUSD and used as locked LP tokens. These tokens are locked in forever.
2.2 Burn Fee:
Tokens taken as a transaction fee are directly burned.
2.3 Team Fee:
Tokens taken as a transaction fee are being sent to the predefined team wallet.
2.4 Baby Token Fee:
Tokens taken as a transaction fee are swapped to a mother token and then slowly distributed to all holders. Project owner needs to define contract address of the mother token and speed at which tokens are redistributed back to its users.
2.5 Reflection Fee:
Fee is redistributed back to all holders of the token. Project owner needs to define speed at which tokens are redistributed. Only possible with Rebase Token.
2.6 DAO Transaction Fee
Fee that goes to the DAO Treasury.
3. Set up your Staking Campaigns
Most tokens benefit from some type of single sided or liquidity staking campaign. These campaigns require tokens and usually are done at the start of a tokens life cycle. Project creators can decide how many tokens should be minted for staking campaigns and the duration of the campaign.
3.1 Supply for Single sided Staking Yield:
Project can define how much of Total supply should go to staking. Maximum is 100%. Meaning if a project owner wants to sell 100,000 tokens then the system will allow them to at most mint 100,000 additional tokens for staking
Campaign Duration:
Project creator defines the duration for the staking campaign. If they enter 100 days then the tokens will be distributed equally over 100 days. Therefore 1000 tokens per day will be distributed to all stakers.
Cooldown:
Time users have to wait in order to unstake their tokens. Project owners can decide if users can early unstake in exchange for a fee. In this case the project owner will have to decide the early unstaking fee percentage and if it should go to the DAO, Team or get Burned. The fee cannot be greater than 50%.
If users chooses baseline token type: inflation then they cannot choose Staking Yield 3.3
3.2 Supply for LP Yield:
Supply that is additionally minted that will be used as incentive for LP farming. Maximum is 100%. Meaning if a project owner wants to sell 100,000 tokens then the system will allow them to at most mint 100,000 additional tokens for staking
Campaign Duration:
Project creator defines the duration for the staking campaign. If they enter 100 days then the tokens will be distributed equally over 100 days. Therefore 1000 tokens per day will be distributed to all stakers.
Cooldown:
Time users have to wait in order to unstake their tokens. Project owners can decide if users can early unstake in exchange for a fee. In this case the project owner will have to decide the early unstaking fee percentage and if it should go to the DAO, Team or get Burned. The fee cannot be greater then 50%.
If users chooses baseline token type: inflation then they CAN choose Staking Yield 3.4
Participants have multiple options to conduct a token sale. Once the sale is completed the SAFU minter will automatically mint tokens.
4.1 Standard ICO:
Standard ICO uses the standard model that was first proposed by vitalik in 2016. Owners define a softcap (minimum raise) and a hardcap (maximum raise). If total contributions do not exceed the softcap then the funds are automatically returned to the contributors. Once the hardcap is reached the sale will close. See more#setting-up-the-token-sale
4.2 Fusion Token Sale:
A fusion sale is a sale in which the owner defines the maximum and minimum cap. Participants can contribute to the sale until the time is over. If the maximum cap is reached the sale will not close but continue to fill, however once the sale is finished all excess funds are returned to the contributors and allocations are cut proportionally to all participants. #setting-up-the-token-sale
4.3Whitelist offerings:
A whitelist offering allows the project owner to whitelist the contribution participants to the sale. Only the wallet owners that are on the whitelist can contribute to the sale.#setting-up-the-token-sale
4.4 Fair Launch Offering:
In a Fair Launch every contribution increases the price of the token just like a DEX. The difference is that people cannot sell their tokens until the token is listed. The project owner can set a softcap that needs to be reached for the token sale to go through and a sale duration period. Coming Soon#setting-up-the-token-sale
The individual options vary with each sale option. The owner needs to select one fundraising model and fill in the corresponding sale inputs. For more details #setting-up-the-token-sale
5.1 Funding Currency:
The cryptocurrency that the project wants to raise funds in. Owners can choose between BNB, ETH, BUSD, USDC, USDT and SAFU.
5.2 Token Sale Price:
Token price at which the token is sold to participants. This price together with the fundraise hardcap determine the total supply of the token.
5.3 Hardcap & Softcap:
Maximum funds that project can raise.
5.4 TGE Date & Time
The TGE date is very important input field because the token will automatically be minted on this date and time.
5. Contribution Start & End
5. Contribution Size Max/Min
5. Whitelist
This option is only visible if the token creator selected whitelist offering. They have to input a list of EVM compatible wallet addresses.
5. Percent of Liquidity Lock
70% or more. Input filed
5. Liquidity Lock Duration
180 days or more input filed.
5.10 Initial Listing Price
Price that the token will be listed on a DEX in multiples of Token Price. If token price is 10 cents or 0.01 BNB and user inputs 1x then the token listing price will be 10 cents/0.01 BNB. If they enter 2x it will be 20 cents/0.02 BNB and so on. The listing price is the ratio of locked LP collateral and Tokens minted for LP.
6. Vesting Schedule
UI as is
7. Adding a DAO
7.1 Supply owned by DAO
Maximum 30% of sold supply. Input field
.2 Minimum Quorum
30% to 100% slider
Text showing how much supply is needed for votes to pass if softcap is reached
Text show how much supply is needed for vote to pass if hardcap is reached.
See more 3. Adding a DAO
8. Review Token Metric
Tokens are not minted until the sale is successfully conducted. This is due to the fact that the token supply is related to how much funds were raised.
Maximum Token Supply = Sold supply + DAO Treasury + Staking Yield + Initial Liquidity
Maximum Token_supply = hardcap/Price_Per_Token + (hardcap/Price_Per_Token *0.3) + (hardcap/Price_Per_Token *2) + (Hardcap/Price_Per_Token * 1)
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