Step 7 of 7 – Deposit Coins

The final step of launching a token sale on MemePad requires the developers to engage with the smart contracts for the sale itself. They are also required to deposit the tokens that are allocated to the sale on the launchpad.

  • Whitelist Launchpad Contract – This step requires the smart contract for the sale to be whitelisted. This is a necessary step to avoid paying additional fees to the network from the token supply, during the sale itself. If this step isn't completed, a token with a 100 million supply can end up with 99.5 million tokens left, after the remaining steps are completed.
  • Whitelist Locking Contract - This step requires the smart contract for the locking & vesting to be whitelisted. This is a necessary step to avoid paying additional fees to the network from the token supply, during the locking & vesting processes.
  • Initialize Launchpad Sale Contract - This step requires two transactions. It allows the tokens allocated to the launchpad sale to be deposited in the smart contract that will execute the token sale process. The amount of tokens required to be deposited is pre-calculated and is based on the information entered in the previous steps of the launch creation.
  • Deposit & Lock Vested Tokens - This step requires two transactions. It allows the tokens allocated to the locking & vesting to be deposited in the smart contract that is responsible for the Lock & Vest process. The amount of tokens required to be deposited is pre-calculated and is based on the information entered in the previous steps of the launch creation.
  • Confirmation - Once all the steps have been completed and processed by the Binance Smart Chain blockchain, the token launch page will go live. There is also a confirmation screen where the main details can be seen. The token launch page can be shared instantly on Twitter or Telegram.

All of the token details that have been entered during the launch creation will now show up on the token launch profile page.

Congratulations and good luck with your token sale!