How to launch a token on Solana

What a launch gives you

• An SPL token with a fixed supply and a fixed split.
• A raise in USDC or USDT, open for up to 90 days.
• A vault that holds 85% of every contribution and pays it out milestone by milestone.
• A Raydium pool created when the raise reaches its target. Its liquidity tokens are burned, so the liquidity can never be withdrawn.
• Trading on the project page itself, with the wallet ZASH creates for each user.

Before you start

• A clear description, a logo, and links people can check.
• Your team, with real names or public profiles.
• 3 to 5 milestones, each with a result you can prove and a date.
• A raise target and a deadline.
• SOL for the launch: account rent, transaction fees and a 0.3 SOL pool deposit. The app tells you the exact amount before you start.

Step by step

1. 1

   Sign in

   Sign in with email or Google. The first time you open Solana, ZASH creates a Solana wallet for your account. Send it a little SOL for the launch costs.

2. 2

   Create the project

   Open Launch, pick Solana, and fill in the name, ticker, description, logo, team and links. Choose whether the raise is in USDC or USDT.

3. 3

   Set the raise and milestones

   Choose a target, a deadline up to 90 days away, and 3 to 5 milestones, each due within 90 days of the previous one. The first milestone pays 10% of the vault and the rest is split evenly.

4. 4

   Launch

   The launch takes six signatures, one per step: token, sale, vesting, governance, milestones, and finally opening the raise. Before each one, the app checks the transaction matches the terms you reviewed. If you stop halfway, open the project again and it picks up where it left off.

5. 5

   Raise

   Every contribution is split as it arrives: 85% into the vault, 12.5% kept for the Raydium pool and 2.5% as the platform fee.

6. 6

   List on Raydium

   When the target is reached, the token starts trading in its Raydium pool. Whatever is left of the 0.3 SOL deposit after Raydium's pool fee and rent comes back to you.

7. 7

   Deliver milestones and get paid

   Publish proof for each milestone. The investors who took part in the raise vote, weighted by the tokens they bought. A milestone passes when YES reaches 30% of those tokens and beats NO, and its money is paid out straight away.

What it costs

ZASH charges nothing for launching. You pay Solana's rent and transaction fees and the 0.3 SOL pool deposit. The deposit pays Raydium's pool-creation fee and the pool's rent; whatever is left comes back after listing, and all of it does if the raise fails. ZASH takes 2.5% of each contribution as its platform fee, and swaps made on the project page carry a 1% fee. Trading the same token in its Raydium pool from another app doesn't.

Token supply and split

The supply depends on your target: 10,000,000 tokens below $10,000, 100,000,000 below $100,000, and 1,000,000,000 above that. Every project splits it the same way: 65% sold in the raise, 20% to the team, 8.125% for the pool and 2.5% to ZASH, with 4.375% never minted.

Team tokens are locked: vesting starts after at least 180 days, runs for at least 365, and nothing can be claimed until every milestone has passed.

Who controls the programs

The Solana programs can only be upgraded by a Squads multisig that needs 2 of its 3 signers, and every approved change waits in a public 48-hour time lock. ZASH also refuses to launch new projects if the code on-chain ever differs from the reviewed build. See Upgrades and multisig.

Questions