SHILL Issue 155
Solana ecosystem magazine
Solana ecosystem magazine
- No tags were found...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Add Liquidity on Raydium<br />
Once we have our OpenBook Market, we can add the liquidity on the DEX of our choosing. In this<br />
case, we will use Raydium as it’s the most used. The cost of adding liquidity on Raydium is around<br />
0.45 SOL.<br />
For adding liquidity: we will go to “Liquidity Create” (https://raydium.io/liquidity/create/).<br />
On this page, we need to paste the Market ID and click on continue.<br />
Then, we will be able to set the initial price and the liquidity quantity we want to add. To finish the<br />
process, we can set the launch date (optional) and click on confirm.<br />
Remember to prepare your tokenomics and strategy before initiating this step.<br />
LISTING A SOLANA TOKEN ON PLATFORMS<br />
We all want to increase the visibility of our Solana Token, and listing it on different platforms can make it more<br />
accessible to users while also promoting our project.<br />
Let’s introduce how we can list our token on Birdeye, Dexscreener, Jupiter, Coingecko, and Coinmarketcap.<br />
BIRDEYE AND DEXSCREENER<br />
Both of them are trading platforms with thousands of users. Our token will be automatically listed on them after<br />
creating the liquidity pool, so we don’t need to do anything else.<br />
We can pay to add our social media to our token profile and also to trend on the platform.<br />
JUPITER AGGREGATOR<br />
Jupiter is the largest Solana’s platform for token trading. We can always swap our token on Jupiter, but we won’t<br />
be “verified” until we are accepted.<br />
We can make an application via GitHub following this guide: How to list a solana token on Jupiter.<br />
COINGECKO AND COINMARKETCAP<br />
They are popularly known, and being listed on them is free exposure. In order to be on their platform, we will<br />
need to fill out an application.<br />
Coinmarketcap application: https://support.coinmarketcap.com/hc/en-us/requests/new<br />
Coingecko<br />
application: https://docs.google.com/forms/d/e/1FAIpQLSfpIPMsCvVokn7l6OpjJmJoYRxvpArYpO4rvcps-0XQx-<br />
LQ7DQ/viewform<br />
Creating a token on Solana could be a challenge if we don’t have coding and marketing knowledge, by following<br />
this tutorial you will only need to take care of the marketing part!