Create a Subscription
In the Subscription format, users can commit an amount of BNB towards a token sale. Their final allocation of the new token is based on the ratio of their committed BNB compared to the total BNB committed by all participating users.
For example, if a presale has a 100 BNB hard cap, and one user commits 100 BNB while nine other users commit a total of 900 BNB, the pool will have a total of 1000 BNB committed. This means the first user would receive 10% of the total tokens offered in the presale pool (100 BNB / 1000 BNB = 10%).
If a user reaches the per-user hard cap, their excess allocation will be distributed to other participants with lower commitments. After the subscription pool is finalized, the appropriate amount will be deducted based on the token rate, and users can withdraw their committed BNB from the pool.
For a step-by-step video guide, watch our tutorial video below
Step 1: Verify Token
Connect your wallet.
From the homepage, go to Launchpads -> Create Subscription or navigate to https://gemlaunch.io/create-subscription.
Enter your token address if you already have one, or create a new token for the subscription pool.
Select BNB or, if raising funds in a stablecoin, select the corresponding stablecoin option.
Choose a fee option.
MetaMask will prompt you to confirm the transaction and display the required fee. Click Confirm to complete the process.
Note:
Ensure the token has an "Exclude Fees, Dividends, Max Transaction Amount" function if transfer fees are applied.
Stablecoin pairs only support standard tokens and do not work with taxed tokens.
Step 2: Subscription Pool Information
After verifying your token, enter the following details for the subscription pool:
Use positive numbers only.
HardCap Tokens: Enter the total number of tokens you want to sell.
SoftCap Tokens: Set the minimum number of tokens required for the pool to succeed. This must be at least 51% of the hard cap.
HardCap Tokens Per User: Set the maximum number of tokens each contributor can receive.
Whitelist: Enable this option if you have a whitelist of presale contributors. You can toggle this option anytime.
Liquidity Percent (%): Enter the percentage of raised funds allocated to liquidity on the DEX. The minimum is 51%, and the maximum is 100%.
Refund Types: Choose Refund or Burn from the dropdown list for handling unsold tokens.
Start and End Time: Ensure the start time is before the end time.
Liquidity Lockup (days): Set the duration for liquidity lock-up, such as 30 days.
Step 3: Add Additional Information:
For this step, please ensure:
Logo URL and Website: These fields are required and can not be blank.
Click Next once all information is entered.
Step 4: Finalize and Submit
This is the final step. Carefully review all the information before submitting. If needed, go back to previous steps to make any adjustments. Once you’re ready:
Click Approve Spending Token and confirm the action in MetaMask.
After that, click Submit.
After clicking Submit, MetaMask will prompt you to confirm the transaction and display the associated fee. Click Confirm to complete the process.
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