Create LP Token

To start the fundraising process, the DAO must first issue Liquidity Provider Tokens (LPs).

Before creating an LP token, read the section:

LP Token (Liquidity Provider Token)

To create an LP Token:

1) Click Create LP Token on the Manage page of your DAO;

2) Enter the name and symbol of the LP Token;

3) Once the vote is created and activated, you will create a smart contract of your LP Token for your DAO.

LP token - standard ERC-20 token, 18 decimal places.

All DAOs on XDAO can have only one LP token. It is not possible to create more than one LP token in a DAO.

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