Revolutionize Your Crypto Journey

Crypto Journey | by MB Fourteen

Ready to revolutionize your crypto journey? Dive in and create your vault today! Ultimate Guide to Creating Your Own Vault on Injective.

Prepare a cup of coffee and follow along with me step by step.

Step 1: Token Creation 

Start your journey by creating a unique token! Use tools like Token Station to get started.

Choose a catchy symbol, a memorable name, a compelling description, and add a stunning logo.

Your token is the star of the show!

Step 2: Launch a Market

Next, it's time to launch a market.

Head over to Token Station or Injective Hub.

Select your newly minted token as the Base Denom and INJ as the Quote Denom.

Remember:

Permissionless Vaults initially support only INJ-denominated markets.

Set your decimals and tick sizes, and with a fee of just 20 INJ, your spot market will be live on-chain!

Don't forget to copy your MarketID.

Step 3: Launch a Vault

Now, let's create a vault!

Visit Mito Finance Playground and hit "Create."

Find your newly created vault in the dropdown menu.

Set an initial price for your token to establish the liquidity ratio.

You'll need a minimum initial investment of 20 $INJ and a 10 $INJ fee to instantiate your vault. Vault, your vault is ready!

Step 4: Accessing the Vault

With your vault created and funded, head back to the Playground page to access it.

Here, your community can deposit and withdraw liquidity, making your vault a bustling hub of activity.

Step 5: Accessing the Market

Switch to "Buy" in the top right corner of the Vault page.

Note: This will take you to a Helix App listing.

And now, watch the magic happen!

That's all you need to kickstart your journey with Injective vaults. Start exploring the opportunities today!

from Ninja to Ninja

Authored by Ninja: MB Fourteen

Date: 02/09/2024

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