How to get started
Because of how the protocol is designed, only 1 LRC20 token can be announced per wallet. If you want to generate a new token, create a new wallet.
Step 1: Set Up LrcWallet
Download and install LrcWallet from the chrome store.
Create a new wallet or import an existing one.
Ensure your wallet is funded with enough Bitcoin to cover transaction fees.
Step 2: Create a New Token
More detailed announcement guide here.
Open lrcswap.xyz/mint.
First announce your token by filling in the required details:
Token Name: Enter the name of your token.
Ticker: Choose a ticker for your token.
Max Supply (optional): Set the maximum supply for your token
(Optional but encouraged) Add additional metadata:
Image: Upload an image for your token.
Description: Write a brief description of your token (max 200 characters)
Twitter: Add your Twitter profile URL.
Website: Add a website URL for more information about your token.
Review the entered details and confirm the transaction.
Step 3: Wait and upvote your token
Congrats, you just announced your token on Bitcoin! This announcement lets anyone find your token's metadata on-chain. Wait for the announcement transaction to finalize before issuing it. In the meantime, your token should appear on the leaderboard. If you want it to be tradable sooner, make sure to upvote it.
Step 4: Mint Your Token
More detailed issuance guide here
Specify the amount of tokens to mint (within the max supply limit).
Enter the Taproot address where the newly minted tokens will be sent.
Confirm the minting process and wait for the transaction to be confirmed on the Bitcoin network.
Step 5: Have fun!
Transfer your token and check your token's rank on the leaderboard. See if you can bring it up the list!.
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