NightshadeDocs

SHADE

Launch or list a token

Create a coin that trades from its first block, or open a market for one you have.

Launch a new token

Creators in the side menu, then Create meme coin, creates a token and its market in one transaction. The token trades from its first block.

  1. Name your coin. A name, a symbol and an image, which is what people see in lists, search and on its page. Website and social links are optional.
  2. Set the price. Pick the quote token for its market, such as SHADE or USDM, then drag the sale's range on the chart: the sale opens at the left end and sells out at the right, priced as the token's market cap. Small, Standard and Big presets start at $5,000, $10,000 and $50,000 and sell out at 50 to 100 times that.
  3. Choose the supply (one million, one billion or one trillion) and how much you keep, up to half. The rest goes on sale. Launched tokens have 6 decimals, like NIGHT.
  4. Launch. Your wallet proves one transaction that mints the token, lists it and opens its market.

The supply for sale goes on the book as auto-flip liquidity with a 2% step, in up to 8 price pools. As buyers move up the range, each pool that sells lists a buy 2% lower, so the market has depth both ways from the start. The liquidity is yours, and you can withdraw it at any time: nothing is locked.

Moon Moth (MOTH) was launched this way, priced in SHADE.

Create a token without a market

To mint a token and open its market later (or let someone else open one), create it on its own: it's minted to you and listed by name, with no market.

List a token you already have

Creators, then Import token, opens a market for a token that already exists on Midnight, and can add its first liquidity in the same step. Anyone can list a token and open a market for it, once per pair. The market's minimum order is set when it opens. Until Nightshade reviews an imported token, its page warns that it isn't verified.

If a pair is opened with an unusable minimum, or a token is listed with the wrong decimals, Nightshade's admin can repair it: the market is reset, and every order in it can still be withdrawn in full.

Fees

Every launched token's market pays the same taker fee as every other pair.