Creating the Market ID and Adding Liquidity
After navigating to the "Control Panel", you will encounter the following options:
- Transfer out tokens/SOL
- Burn tokens
- Add liquidity
Selecting "Add Liquidity" initiates the creation of the market ID and adds liquidity through Raydium.
Understanding the Add Liquidity Screen
The "Add Liquidity" screen provides several options:
- Minimum Order Size: The smallest allowable order size, measured in the base currency (e.g., for a SOL/USDC market, this would be in SOL units, also known as the Lot size).
- (It's recommended to leave this as default if you're unsure about adjusting.)
- Price Tick Size: The minimum price movement allowed, measured in the quote currency (e.g., for a SOL/USDC market, this would be in USDC units, known as the price increment).
- (It's recommended to leave this as default if you're unsure about adjusting.)
- Token Amount % for Liquidity: The percentage of your total token supply that you wish to allocate to liquidity. The remainder will stay in your wallet.
- SOL Amount for Liquidity: The amount of Solana you want to pair with your token percentage to create your liquidity pool.
- Start Time: Allows you to set a delay (in minutes) before your liquidity becomes available for trading.
After configuring these settings, selecting "Create Market and Add Liquidity" finalizes your choices and begins the countdown to when your liquidity will go live.
