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Initial Setup

- User Created Token - Initial Setup

When you set up your User Created token, the total supply will default to 100,000 tokens.

Edit Token Dashboard

Token Total Supply can only be changed at token creation

Change Token TOTAL SUPPLY

User Created Token - Change Total Supply

When you have successfully updated the total token supply, the token overview panel on the token dashboard page will be updated.

Updated Token Panel Dashboard

User Created Token - Change Total Supply

The token is created and can be found in the explore listing.

To do so, Explore -> All -> Search "your User Created token name". The Market Cap, volume and price will be zero.

Explore - Search Token

Explore -> Search Token

At this point, the tokens have no value.

Bank Panel

symphony bank - bank value 0, token 1mil token

To set up a value to the token, you will need to add liquidity to the token.

Before you create the Liquidity Pool, make sure you have sufficient USDU to set up the process.

In this scenario, the token creator will transfer a portion of tokens from the token bank where the tokens are stored at creation.

Token Transfer: Bank to Token Creator wallet

Transfer some tokens from Token Bank to Token Creator wallet to set up liquidity.

Please note that the Token Creator need to have the equivalent amount in USDU to set up the liquidity pair.

Transfer some tokens from Token Bank to Token Creator wallet

Bank Transaction History

The Bank transaction History provide an audit of all the transactions. The tokens transfer is reflected here.

Bank Transaction History

Token Creator Wallet

The Token Creator wallet will reflect the transferred tokens from the Bank with no value.

Token Creator Wallet

Set up Liquidity

To set up Liquidity, navigate to Symphony Exchange and add token+USDU pair to Pool Staking.

Token Creator Wallet

Token Pricing calculation

Token Pricing calculation

When the tokens are added to the Pool, the Token Price will be updated to the ratio of token:USDU value.

For example,

if the ratio added is 2 token:1 USDU, token price will be set to $0.50 token

if the ratio added is 1 token:1 USDU, token price will be set to $1.00 token

if the ratio added is 1 token:5 USDU, token price will be set to $5.00 token