Cost to launch Erc20 token?

[widowmaker123]

how high is the cost to launch an erc20 token at the moment?
I hear 0.2-0.4 eth but seems a bit high

 

[Thunderproxy]

Look into BRC20, BNB or SOL.

Way cheaper and more "hype"

 

[widowmaker123]

No imo eth is best because on the chains you mentioned its hard to get much volume,
in eth chain its fairly easy to get a token to 500k volume (guilty as charged: I'm a tax farmer)
do you have different experience with sol and brc20 token?

 

[EMPaux]

how high is the cost to launch an erc20 token at the moment?
I hear 0.2-0.4 eth but seems a bit high

Depends on your codebase, 0.2 ETH is pretty avarage in terms of gas fee for deployment of an ERC20. Also depends on chain traffic at the time of deployment. Tax farming isn’t possible on sol and BRC20 anyway, so ETH is your best bet either way.

 

[widowmaker123]

Depends on your codebase, 0.2 ETH is pretty avarage in terms of gas fee for deployment of an ERC20. Also depends on chain traffic at the time of deployment. Tax farming isn’t possible on sol and BRC20 anyway, so ETH is your best bet either way.

thank you! I read that on weekdays, the lowest ETH gas prices are from 9:30 AM to 1:30 PM (IST), when most of America is asleep and Europe is just beginning its day. Which statistics are important to look into? ethereum daily gas fees?

 

[plugyy]

how high is the cost to launch an erc20 token at the moment?
I hear 0.2-0.4 eth but seems a bit high

If I were to launch a token I would launch one on the SOL network. It's cheaper and less fees.
I heard ERC20 tokens range from 50$-250$ to launch.

 

[EMPaux]

If I were to launch a token I would launch one on the SOL network. It's cheaper and less fees.
I heard ERC20 tokens range from 50$-250$ to launch.

That’s not an option since he mentioned wanting to tax farm, raydium doesn’t support taxable tokens from what I know.

 

[EMPaux]

thank you! I read that on weekdays, the lowest ETH gas prices are from 9:30 AM to 1:30 PM (IST), when most of America is asleep and Europe is just beginning its day. Which statistics are important to look into? ethereum daily gas fees?

I guess timing matters, but majority of costs when deploying depends on codebase anyway, you could goerli a few forks, see what you’ll get charged through remix, that’ll give you a good indication on how much it’s going to cost.

 

[Chardist]

If I were to launch a token I would launch one on the SOL network. It's cheaper and less fees.
I heard ERC20 tokens range from 50$-250$ to launch.

In terms of tax farming, ETH is the best.

 

[Followlix]

If you're wondering how much it costs to launch an ERC-20 token you're probably not ready to launch one yet.

If you're looking to create an actual project (liquid staking, lending, dex, synthetics, yield aggregator, index, etc) you're gonna have to worry about the fees for deploying all other contracts as well.

If you're looking to just make a meme token, then you have to think about the initial liquidity you'll have to add and lock for the token, which for the vast majority of regular meme tokens that die after a few weeks is roughly in the range of $20k-$50k. Of course, you could go the crowdfounding method for the initial liquidity, but the current market doesn't look promising.

But to answer your initial question, roughly 0.02-0.1 ETH.

You can do your own research by going on Etherscan's last verified contracts section and check out ERC-20 contracts which have been deployed and verified recently, such as this one which costed 0.025 ETH, or this one which costed 0.066 ETH.

Of course, the price changes based on how well the contract is optimized and time of day.

 

[Deleted member 1362253]

My 2 cents. Don't launch one if you are asking on a public forum about it's costs

 

[Goldfield]

My 2 cents. Don't launch one if you are asking on a public forum about it's costs

hey, I also have a similar idea. can I ask you a few questions in tg?

 

[DAEV]

If you're wondering how much it costs to launch an ERC-20 token you're probably not ready to launch one yet.

If you're looking to create an actual project (liquid staking, lending, dex, synthetics, yield aggregator, index, etc) you're gonna have to worry about the fees for deploying all other contracts as well.

If you're looking to just make a meme token, then you have to think about the initial liquidity you'll have to add and lock for the token, which for the vast majority of regular meme tokens that die after a few weeks is roughly in the range of $20k-$50k. Of course, you could go the crowdfounding method for the initial liquidity, but the current market doesn't look promising.

But to answer your initial question, roughly 0.02-0.1 ETH.

You can do your own research by going on https://etherscan.io/contractsVerified and check out ERC-20 contracts which have been deployed and verified recently, such as https://etherscan.io/tx/0x0b031a8f7d5ddb9f9cdc47bd5588664b1c50ec98ad6b3ad050ca47b4a66354b5 which costed 0.025 ETH, or https://etherscan.io/tx/0xa758040465fcde081224645e46cec43174defed694990d8364742315219270c4 which costed 0.066 ETH.

Of course, the price changes based on how well the contract is optimized and time of day.

30-50K liq at launch false,the majority of these contracts deploy with X amount of token + 1 ETH, which is roughly 2.2KUSD.

 

[UnMak3r]

30-50K liq at launch false,the majority of these contracts deploy with X amount of token + 1 ETH, which is roughly 2.2KUSD.

Correct, alot of the tokens are hardcoded with a StartTrade func that explicitly requires 1 ETH. So when you’re forking thats most likely what you’ll need.

in terms of gas fee I‘ve personally deployed tokens ranging from 150 - 500USD, a lot of it depends on complexity of your contract code.