Create a Token on Elysium, Kinetiq's L2 for Hyperliquid

What a new token on Elysium costs in HYPE: Tokenry fee, features and gas

The Elysium token creator charges a 0.4 HYPE Tokenry fee for the base token, plus 0.07 HYPE for each paid feature. Renounce at creation adds nothing.

A tax token with no other paid feature costs 0.47 HYPE in Tokenry fees. A token with 3 paid features, such as Tax, Anti-whale and Burnable, costs 0.61 HYPE in Tokenry fees. With all 7 paid features, the Tokenry fee is 0.89 HYPE.

Network gas is added to the Tokenry fee and is paid in HYPE to the network.

Tokenry receives its fee in the same transaction that creates the token, and only once the token exists. If the deploy fails, no Tokenry fee is taken, but the network gas that the failed transaction used is still spent.

Features for an ERC-20 on Elysium, from votes to blacklist

A token you create on Elysium is a standard ERC-20 token, the fungible token standard defined in EIP-20. Wallets and explorers read it like any other ERC-20. It is your own token, not HYPE, and it is built on OpenZeppelin Contracts.

Tax takes a share of buys, sells or transfers. Anti-whale caps how much one wallet can hold and how much one trade can move. Mintable lets the owner mint more tokens later, with or without a supply cap. Burnable lets holders burn their own tokens. Pausable lets the owner pause and unpause every transfer. Blacklist lets the owner stop chosen wallets from moving the token. Votes adds on-chain voting power to the token, for DAO voting.

Anti-whale, Mintable, Pausable and Blacklist need an owner, so they cannot be combined with Renounce at creation. Renounce at creation is permanent: the token has no owner from the first block. A token renounced at creation can still carry a fixed tax, Burnable and Votes.

An Elysium tax token: rates and which trades pay it

An Elysium tax token can charge a buy, sell and transfer tax, each from 0% to 20%. Under "After launch", the default "Can only go down" lets the owner lower the tax but never raise it. "Changeable" lets the owner raise or lower it up to 20%.

From creation, buys and sells in your token's Uniswap V2 pools with HYPE (held as WHYPE, wrapped HYPE) or USDC pay the tax, whoever sends the trade. Uniswap V3 and V4 pools are not taxed. The transfer tax applies only to sends between 2 ordinary wallets, not to or from a contract such as a smart wallet.

Tokenry's pool creator opens a tax token's first pool as a Uniswap V2 pool with HYPE. While the token has an owner, the owner can later tax V2 pools with other coins too, and each pool added is permanent.

Where an Elysium tax token's tax goes

An Elysium tax token sends its tax to up to 5 fee wallets, plus optional Burn and Liquidity shares, totalling 100%. Your own wallet can be a fee wallet. Fee wallets are paid in the token itself or in WHYPE, and the collected tax is paid out on sells. The fee wallets and their shares are permanent.

Decisions you cannot reverse after the Elysium deploy, and the ones you can

After the deploy on Elysium, the name, symbol, decimals and fee wallets cannot be changed. Neither can which features exist, the supply cap, which coin the fee wallets receive, or the extra addresses you list to skip tax and limits.

While the token has an owner, the owner can use each picked feature within its rule. The owner can change the tax within its "After launch" choice, raise or remove the anti-whale limits, and mint more tokens up to the cap if one is set. The owner can also pause transfers and add or remove wallets on the blacklist. Renouncing ownership is permanent. The contract has no proxy and cannot be upgraded.

Elysium Explorer and Sourcify: proof of what the contract holds

Once the deploy confirms, Tokenry submits your token's exact source code to the Elysium Explorer and to Sourcify. Keep the page open until then. The explorer shows the contract under a name made from your token's name, and the source carries the line "Created with Tokenry, tokenry.tools".

Every token comes from Tokenry's factory on Elysium, 0xD1f1DA33b2934981aDe31f6AD525f0D1646114F5, whose source is verified on the Elysium Explorer.

A new token on Elysium has no price until it has a pool

The deploy creates no pool, so a new token on Elysium has no market price yet. To launch a token on Elysium, open a Uniswap pool for your token on Elysium next, for a 0.15 HYPE Tokenry fee per pool. The multisender can airdrop your token to holders on Elysium for a 0.0015 HYPE Tokenry fee per recipient, up to 400 recipients per transaction. Both tools also cost gas in HYPE.