How to Launch a DeFi Token: A Detailed Guide

1
How to Launch a DeFi Token A Detailed Guide
2
Introduction

• DeFi tokens are tradable assets carrying a
  particular value.
• The investors can trade it easily in the leading
  cryptocurrency exchanges in the market.
• DeFi tokens play a crucial role in the massive
  growth of the DeFi ecosystem.
• They are also called a special kind of asset or
  utility.

3
What Are DeFi Tokens?

• It can be used to exchange assets, for payments,
  and in daily trading activities.
• DeFi tokens can be obtained for free by
  participating in various airdrop programs. 
• Some of the popular ones are Chainlink, Wrapped
  BTC, Synthetix, DAI, and Maker.
• DeFi tokens have surpassed the growth of the
  leading cryptocurrencies in the market.

4
Common Features of DeFi Tokens

• They are created on a blockchain network like
  Ethereum, Hyperledger, and Stellar.
• They can be seamlessly integrated with popular
  DApps and asset exchange platforms.
• Many types of tokens are present like equity,
  utility, security, and payment. 
• Tokens can be swapped easily by a user after
  paying a corresponding swap fee.

5
Difference B/w DeFi Token and Coin

• Coins are fungible while DeFi tokens are
  considered to be non-fungible in nature.
• Coins generally are not versatile as they have
  only a single use-case. On the other hand, Tokens
  have plenty of use cases as they can perform
  multiple functions seamlessly.
• Coins generally are backed up by a constant
  supply while new tokens can be created based on
  the operational requirements and the market
  demand.
• Coins cannot be recovered once it has been lost
  by the investor while tokens have an inbuilt
  retrieval facility.

6
Simple Steps to Launch a DeFi Token

• Fix the token name, total supply, and its logo
  beforehand.
• Finalize the right blockchain network to launch
  the token.
• Deploy a robust smart contract for automation of
  all the operations. Integrate a digital wallet
  for the smooth transfer of tokens. 
• List your token on the leading crypto exchanges
  in the market to attract more investors and boost
  its sales.

7
Factors to Keep in Mind While Launching a DeFi
Token

• Focus on the business goals to be achieved.
• Prepare a well-planned distribution strategy for
  circulating your token far and wide in the
  market.
• Publish a detailed whitepaper highlighting all
  the technicalities, financial information, and
  legal aspects of your token.
• Promote your token in the market actively and
  offer technical support to the buyers of your
  token round the clock.

8
Why Choose Blockchain App Factory

• A variety of DeFi applications are created in a
  customized manner.
• Assistance is provided for integrating the DeFi
  tokens with decentralized applications and
  boosting the overall growth.
• 24x7 technical support is rendered in multiple
  languages by a dedicated team.
• All the projects are delivered on time without
  imposing any hidden charges.

9
Contact us Website https//www.blockchainap
pfactory.com/ Email
Id info_at_blockchainappfactory.com
Contact No 91 6382 665 366