Open a market
Launch
A market on Snow Market is a token plus a commodity it answers to. You choose the pair; the curve and the fee split are the same for everyone, including the first market and the thousandth.
How it goes
- 01
Name the token
A symbol and a name. Both are permanent once the market opens, so the spelling matters more than it looks.
- 02
Pick the commodity
This is the decision that shapes everything after it. Holders of your token will be paid in whatever you choose here.
- 03
Seed the curve
Buyers move along a bonding curve until it fills. Nothing is listed on the open market until it does.
- 04
Graduate
When the curve fills, liquidity moves into a standing pair and the fee split begins paying out.
The terms, in full
- Trading fee
- 1% each way
- To holders
- 40% of the fee
- Paid in
- the paired commodity
- Payout interval
- every 15 minutes
- Creator cut
- none
- Allowlist
- none
New market
Preview
SYMBOL / GLD
Holders would be paid in gold.
The curve and the settlement contracts are still being built, so nothing can be created yet. Everything above is the real shape of the form.
Reading the documentation first is worth the four minutes.