Launch a token
One transaction, no launch fee. Every choice you make is written into the contract and can never change.
Launching on Trench costs nothing but gas. You fill in a short form, sign one transaction, and your token, its curve and (if you want) its payout contract are created together.
Name it
Pick a name and a ticker. You can add a logo, a description and links later; they live in a separate registry and are shown as your own claims, not as something Vimen checked.
Pick the quote
The quote is the asset people pay with when they buy your token, and the asset your fees and holder payouts are paid in.
| Quote | What it is | Graduates at market cap |
|---|---|---|
| USDG | The chain's US dollar stablecoin | $60,000 |
| WETH | Wrapped ETH | 22.95 WETH |
| NVDA | Official NVIDIA stock token | 253.25 NVDA |
| AAPL | Official Apple stock token | 177.55 AAPL |
| TSLA | Official Tesla stock token | 158.95 TSLA |
Each mark was set to about $60,000 of market cap when the list was written. It is copied into your curve at launch, so a later change to the list never touches a live launch.
Choose who gets your fees
Every trade on your curve pays a 1% fee, and all of it is yours as the creator. You decide, once, how much of it goes to your holders instead: anywhere from 0% to 100%. If you send any share to holders, a payout contract is created for your token and pays them every 24 hours.
Optional: dev buy and vesting
You can buy your own token inside the launch transaction, before anyone else can trade. There is no cap: a buy big enough to fill the whole curve graduates the token at once.
If you set a vesting period, the tokens you buy go to a vesting contract and unlock in a straight line from the launch moment. Nobody can cancel it or release it early, you included. A vesting period needs a dev buy; without one the launch is refused.
Sign
One transaction creates the token, funds the curve, sends 2% to $TRENCH and, if needed, creates the payout contract and the vesting contract. From that moment your settings are fixed forever.
Where the supply goes
Every token launched on Trench has exactly 1,000,000,000 units, split the same way for everyone:
- 780M sold on the curveBought and sold by traders until graduation.
- 200M reserved for the poolPaired with everything in the curve, at graduation.
- 20M to $TRENCH2%, sent before the first trade can exist. $TRENCH can sell it slowly, at most 2% of the bag per day.
There is no team allocation and no mint function. The only way a creator holds tokens is to buy them, like everyone else.
Fees at a glance
| When | Fee | Goes to |
|---|---|---|
| Launch | None, gas only | |
| Curve trade | 1% | Creator, minus the holder share |
| Pool trade | 1% | 50% creator side, 30% $TRENCH, 20% Vimen |
After graduation, the creator side is split again by the same holder share you chose at launch (on the quote side of the fees). The Vimen 20% is split in half: one half buys back and burns $VIM, the other goes to the Vimen treasury.
Fees arrive in two currencies: the quote and your own token. The holder share applies to the quote side. The token side of your 50% always goes to you, and the token side of $TRENCH's 30% adds to its 2% bag.
- 50% creator sideKept by the creator, or shared with holders as set at launch.
- 30% $TRENCHUSDG fees go to $TRENCH holders. WETH and stock fees wait until Vimen converts them to USDG. Token-side fees add to its 2% bag.
- 20% VimenHalf buy-and-burn of $VIM, half treasury.
Graduation
When the market cap reaches the graduation mark, trading on the curve stops and anyone can trigger graduation. The 200M reserved tokens and everything in the curve become a Uniswap v3 pool (1% fee tier), at the curve's final price. The pool's liquidity goes to a custody contract that has no function to withdraw it. Details in Buy and sell.
Optional: the curated label
Anyone can burn 250,000 $VIM to mark a launch as curated. It buys a label and nothing else: the curve, the fees and the payouts are identical for every launch. The amount can be changed by the Vimen Safe for future curations; the current value is readable on the CurationRegistry.
Launching a token does not make it worth anything. Most launches never graduate and most graduated tokens fall. See Risks.
Ready? Open app.vimen.org/launch.