Here at DiamondSwap we know the issues new projects face when starting up, mostly with the huge outlay of finances expected of you. This can put a strain, and even sometimes put a stop to a project moving off the ground. We are committed to supporting new projects and in this effort we are offering free token whitelistings* to new projects that pair LP on our platform. To find out more, read below.
ANYONE CAN ADD LP PAIRS ON OUR DEX. TO WHITELIST YOUR TOKEN FILL OUT THE FORM BELOW!
Creating a Brand New Liquidity Pair
To create a new liquidity pair, you will need to follow these steps: Choose the token you want to pair your new token with. This is typically a stablecoin or another popular cryptocurrency that is widely used. Determine the price you want your token to launch at. This will be based on the current market value of the token you are pairing with, as well as the initial supply of your token. Calculate the ratio of tokens you will need to supply to create the liquidity pair.
For example, if you want to launch your token at a price of $0.25 and you are pairing it with USDC, you will need to supply a ratio of 4 times as many of your tokens as USDC tokens. Disable transfers on your token to prevent someone from setting the price of your token before you do. Add a whitelist-only mode that restricts sending and receiving addresses.
Whitelist only the address for seeding the LP and the DiamondSwap router address to send and receive. Create the liquidity pair with a small fraction of your funds in the correct ratios as discussed above. Once the price has been established and you are satisfied with it, you can then add the remaining funds to the liquidity pair. Finally, you can enable transfers again and disable the whitelist-only mode.
This will enable trading for your pair on the exchange, so only do this when you are ready to begin live trading. By following these steps, you can ensure that your price will match your desired price and that your liquidity pair is set up properly.
Congratulations! You’ve successfully set up your token pair on DiamondSwap, please now complete the following form: https://forms.gle/eC2L68ZG8evgUSW89
✅ Here are some of the factors we look at before listing a new token
🟢 We review the token to ensure it has a reasonable amount of liquidity and daily volume
🟢 We review to see if the tokens contracts are audited and if the team are KYC’d (This is not a deal breaker but will have a bearing on if/how fast we list you)
🟢 Token project has an active community and user base
👉 Please note tokens with over $100k total liquidity and $10k+ daily volume are prioritized. Tokens with little or no activity may not be listed at all
👉 Make sure to submit your request with all required data and proper formatting, failure to do so will delay the process
👉 Do not submit multiple requests for the same token, but feel free to react to existing requests
For more information about future products, please refer to our future Medium articles, whitepaper, or join our social communities.*All tokens are reviewed for security purposes.