wax.fun: Your Token, One Curve, Endless Memes

WAX io
4 min readDec 18, 2024

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This article is published on behalf of wax.fun

Ever wanted to create your own token but thought it was too complicated? wax.fun is here to change that. This fair-launch platform lets you design and launch tokens with no presale, no team allocations, and no hidden tricks. All tokens follow the same rules — what sets yours apart is your creativity. Name it, describe it, choose a ticker, add an image, and hit the launch button. Let’s dive into what makes wax.fun the perfect launchpad.

How It Works: Bonding Curve, Liquidity, and More

Bonding Curve Mechanics

Every token launched on wax.fun operates under a bonding curve, meaning its price is tied to circulating supply. As the token gains traction and liquidity grows, it’s automatically moved to Alcor Swap when the market cap reaches $50,000 (calculated in WAXP at the creation time). At this stage, liquidity is locked, and LP tokens are burned.

Transaction Fees That Make Sense

  • 1% Buy/Sell Fee: wax.fun charges a 1% fee on all token buys and sells. These fees support platform operations and liquidity.
  • Post-Alcor Fees: Once listed on Alcor Swap, a 0.3% trading fee applies, and all collected fees are burned, reducing both the token’s supply and the supply of WAXP.

No Hassles, Just Liquidity

No need to create a liquidity pool — prices are calculated through the bonding curve, making transactions smoother and more efficient.

wax.fun Token Standards

  • Cost: Token creation costs under $5, covering basic blockchain fees.
  • Supply: Each token has a max supply of 1 billion.
  • Tradability: Once 80% of a token’s supply is purchased, trading begins. The remaining 20% goes into liquidity on Alcor Swap.

From King to Alcor: The Road to Glory

Achieve an approximate market cap of $25,000, and your token enters “King of WAX” mode, earning prime visibility on the wax.fun homepage. But stay sharp — another token can dethrone yours by surpassing this cap.

Once your token hits a $50,000 market cap, it seamlessly transitions to Alcor Swap. A liquidity pool is created with a 0.3% fee, and all fees are burned, shrinking the supply of both WAXP and the token. Keep climbing, keep burning, and reign supreme!

How to Launch Your Token

Step 1 | Prep Your Wallet: Have at least $5 in WAXP and enough blockchain resources (RAM, CPU, NET). Don’t have enough? Don’t worry — wax.fun will suggest what you need and guide you through purchasing.

Step 2 | Connect Your Wallet: Link your Cloud Wallet, Wombat, or Anchor wallet on wax.fun.

Step 3 | Customize Your Token: Fill in the required fields like name, ticker, and image. You can also add optional details like a website and social media links.

Step 4 | Launch It: Confirm your token creation, and you’ll be redirected to the homepage, where your token will appear live and ready for action.

Trading Tokens on wax.fun

Simple, User-Friendly Trading

  • Browse Tokens: The homepage features a list of all tradable tokens.
  • Buy Tokens: Select a token, enter the amount you want to purchase, and click “Buy.” Purchases must be at least 0.01 WAXP to potentially feature the token on the homepage.
  • Sell Tokens: Navigate to the token’s page, enter the sell amount, and confirm.

Community Features

  • User Profiles: Check out the tokens you own in your profile.
  • Comments: Post up to 5 comments per wallet under token charts and interact with other users.

Ready to Create Your Token?

wax.fun is more than just a platform — it’s an ecosystem where creativity meets opportunity. Whether you’re crafting the next memecoin or experimenting with something groundbreaking, wax.fun makes it easy. Launch Your Token Now!

Join the wax.fun Community

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The content contained in community posts is solely the authors’ responsibility and is not independently verified by WAX. We can in no way validate the authenticity or the accuracy of this content to any third-party properties’ respective cannon. Readers are encouraged to do their research to confirm any and all information featured in community posts. WAX makes no representation and assumes no responsibility for the accuracy of information found in community posts or its suitability for any purpose whatsoever.

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WAX io
WAX io

Written by WAX io

WAX is the safest and most convenient way to create, buy, sell and trade virtual items.

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