Create your stable coin
How do I pick a token name?
You can select any name that you prefer; it'll be displayed in Etherscan and will be added to the smart token contract. Choose something that'll fit your brand accurately.
What's the symbol for?
Token symbols represent crypto-tokens which are composed of 2-10 characters (3 symbols are recommended). This symbol appears next to the token in your wallet. Just like bitcoin is represented by BTC, for Ethereum ETH. Pick something unique yet short to describe your token.
What does collateral means?
Collateral is an asset pledged to back the value of the stablecoin. It provides stability and trust to the stablecoin. This collateral can be in various forms, such as fiat currencies, commodities, or other cryptocurrencies.
What are decimal places for?
Just like a dollar can be split into 100 cents, fungible tokens can be split into smaller units as well. It can have upto 18 decimal places. We recommend you to use decimal places upto 18 so a more accurate value of money can be shown.
What does a pegged asset means?
In terms of stablecoin, a pegged asset is the underlying asset that the stablecoin is pegged to in order to maintain a stable value.