A test crypto coin on kovan network
- Compile and deploy contracts on JVM to check all is working well
- Copy Token.sol Solidity Code into a file in Remix rename Token.sol
- Select Solidity Compiler Page
- On Compiler Options dropdown select 0.8.6 version
- Click "Compile Token.sol" button
- Select Deploy and Run Transactions Page
- Environment dropdown select JavaScript VM
- Accounts dropdwon -> pick any of the accounts in dropdown
- Deploy Button
- Enter the parameters for deployment for (name, symbol, decimals,totalSupply)
- Example paramters "TokenName", "TKT", 18, 7000
- Click deploy button
- Deployed Contracts
- Scroll down to deployed contracts section and click on deployed contract
- View buttons for all the functions you can carry out on contract e.g approve, transfer etc
- Deploy Token to Kovan Testnet
- Select Deploy and Run Transactions Page
- Environment dropdown select Injected Web3 (to allow use of Metamask)
- Accounts dropdwon will have first currently selected Metamask account
- Get some testnet ETH, Kovan ETH into the deploying account
- Copy the address from accounts
- Go to https://linkfaucet.protofire.io/kovan paste account and request some Kovan ETH
- Deploy Button
- Enter the parameters for deployment for (name, symbol, decimals,totalSupply)
- Example paramters "TokenName", "TKT", 18, 7000000000000000000000
- Click deploy button and confirm transaction on MetaMask
- Deployed Contracts
- Scroll down to deployed contracts section and click on deployed contract
- View buttons for all the functions you can carry out on contract e.g approve, transfer etc (Deployer will have all the initial tokens)
- Copy the Deployed Token address on Deployed Contracts e.g 0x5b01c8aE3185774068AF96978e1461c2A31e8A9e
- Go to Uniswap
- Click on Pool Tab
- Click on More Tab and Select Create Pool
- Add Liquidity
- Under Select Pair leave ETH selected
- Click on Select Token dropdown
- Paste your deployed Token address into Search
- Your deployed Token will show => Click Import
- On same add Liquidity Page, select a fee e.g 0.3% fee ideal for stable pairs
- Initialize Pool
- On same Liquidity Page => Set the starting price for Token e.g 0.001
- Set the price range 0.001 to 0.002
- Deposit Amounts
- Ensure you have sufficient balances for the amounts you will choose to deposit
- Select amount of ETH to deposit e.g 0.001 ETH corresponding equal amount of your Token will be displayed
- Click Approve Button and confirm transaction on Metamask
- Once transaction finished you can click on Preview to view the added Token vs ETH liquidity pool
- Click Add to finalize the adding of assets and liquidity pool creation
- New Pool will display once success on your positions on page