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1. THE COMPLETE GUIDE TO
CREATING YOUR OWN DEFI
TOKEN
www.prolitus.com

2. Blockchain technology is
spreading like wildfire as it has
revolutionized several industries
with its world-class technology.
Along with cryptocurrencies,
blockchain is all set to disrupt
the financial sector for people,
enterprises, banks, and
governments.
Decentralized finance is
changing the global financial
landscape by enabling quick
and efficient transactions.
DeFi’s popularity in the crypto
markets has created a lot of
interest as tokens use smart
contracts to transform
conventional financial
applications.
Here is the article to learn more
about the fundamentals of DeFi
Tokens and how you create your
own token.

3. What is a DeFi Token?
Decentralized finance is an
umbrella term for multiple
businesses, including
exchanges, crowdfunding,
investment, trading, or voting
rights. Similarly, DeFi tokens
represent a diverse set of
cryptocurrencies that operate
using smart contracts.
DeFi tokens provide access to a
suite of financial applications
and services built on the
blockchain. It commands a $46
billion market cap, a relatively
small proportion of the overall
$1 trillion cryptocurrency
market. DeFi tokens have
become one of the fastest-
growing sectors in the industry.

4. Features of DeFi Tokens
Out of the numerous features,
we will discuss some of the
critical attributes of the DeFi
tokens.
Access to Financial Services
DeFi tokens enable seamless
access to financial services. The
tokens improve the accessibility
of investment and commerce
opportunities to all individuals.
DeFi tokens allow users to do
network staking, play games,
take loans, etc. They bring
financial services within reach
of people.
Better Stability
Since most DeFi tokens operate
on the Ethereum blockchain,
you can also choose to invest in
Ether (ETH). It is also a
significant reason for scaling
the price of Ethereum through
corresponding price
improvements.

5. Explosive Growth
DeFi tokens have brought a
wave of revolution that nobody
wants to miss out on. It displays
the potential for explosive
growth and hopes to bring
promising alternatives in the
future. For example, Uniswap
(UNI) and Maker (MKR) are two
famous examples of DeFi
tokens. They depict how DeFi
will change the entire
landscape shortly.
What is the demand for
DeFi tokens?
As DeFi services are disrupting
the field of finance, the market
capitalization for DeFi tokens is
increasing profoundly. DeFi runs
on mutual trust and standards
for protecting privacy. It covers
the lender or borrower’s
identity and aims to bring a
change in regulatory approval
for DeFi applications.

6. Another reason for the growing
demand for DeFi tokens is the
increased involvement of
mainstream players. Several top
financial institutions are
starting to recognize DeFi
alongside looking out for ways
to participate. Some special
asset management funds have
begun to follow DeFi with
serious commitment.
How to Create a DeFi
Token?
Creating a DeFi token will
require a lot of your time as you
need to find the utility, team,
token name, blockchain, initial
supply, and several other
factors. The steps below will
give you a general idea of how
to create DeFi tokens.
Find the Purpose: It is essential
to be clear on the purpose of
your DeFi token and what
problem it aims to solve.

7. The tokens should solve real-life
issues and bring them into the
limelight among organizations
and people.
Create a token name, symbol,
and logo for your DeFi token by
brainstorming ideas. Also,
research a couple of projects
and finalize the total supply for
your token.
Choose a blockchain: After
deciding the name and total
supply, proceed ahead to
choose a good and effective
blockchain network. It is
essential for launching a secure
and encrypted DeFi token.
Create a smart contract: it
marks the start of the
development process. Proceed
ahead to create, deploy, and
integrate a new smart contract
for automating the process of
generating DeFi tokens. Ensure
that you have a valid address to
enable seamless transactions
between users.

8. Finalize other events: You
should start by creating a token
transfer event and deciding on
the transaction fees for
transferring the tokens. We
suggest you fix the lowest costs
for more token usage in any
exchange.
Update your DeFi token: It is
essential to update your token
features, including staking and
pooling options, migration,
liquidity management, escrow
development, and a secure
wallet. Ensure you list the token
on all leading exchanges to get
visibility among global traders.
Initiate a cold storage facility:
It will help users to secure their
tokens from unauthorized
access. Ensure you have
updated all the necessary
information according to the
investment plan and for the
traders.

9. Prolitus – Leading DeFi
Token Development Firm
Although the steps might seem
easy in one go, they will be
difficult if you lack technical
expertise in developing Defi
tokens. We will help you tap
into limitless future possibilities
with our token development
services. At Prolitus, we have a
team of experts that helps
businesses understand and
harness digital transactions
through strategic DeFi token
development services.
With Prolitus’s coin token
development services, clients
can take advantage of other
features such as voting rights,
buy-back rights, and retain
holdings in other funds while
tokenizing their assets. We offer
end-to-end services for all your
DeFi token development
services.
Get in touch with our team to
boost your DeFi token
development now!

10. Final Thoughts
In recent times, we have all
witnessed how CeFi platforms
have seized people’s funds due
to liquidity or other issues. It
demonstrates how
decentralized finance will
flourish in the upcoming years,
and countries will come
forward to enable seamless
financial transactions
worldwide.
DeFi tokens are here to stay.
They are making promising
advancements and gaining a
good presence in the financial
market. DeFi tokens simplify the
process of borrowing and
lending. They can be used as a
way to get users involved in the
governance of DeFi
applications.

11. WEBSITE: www.prolitus.com
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EMAIL: success@prolitus.com