Entangle's UTS allows anyone to launch a token in under 5 minutes regardless of coding experience. Learn more about the benefits of omnichain vs multi-chain and cross-chain on our blog post Omnichain Token Deployments.
1. Navigate to https://uts.entangle.fi
2. Click on "Connect Wallet" on the top right to connect your preferred wallet.
3. Select "Launch New Omni-Token" from the two options.
4. Enter the new token's information such as the token ticker (e.g. BTC, ETH, NGL), the token name and the token supply (this can be either fixed or flexible supply)
5. Choose the mechanism of your omni-token between "Lock & Unlock" or "Burn & Mint".
- Lock and unlock - A user locks tokens with UTS on the source chain, then unlocks the same native tokens from UTS on the destination chain.
- Burn and mint - A user burns tokens on the source chain, then the same native tokens are re-issued (minted) on the destination chain.
6. Select the number of decimal places for your token. Typically, EVM chains use 18 decimals and Solana chains use 6 decimals. You can also use a custom decimal up to 77.
7. Copy the contract address of your new token or generate a new contract address if you wish.
8. Click "Preview Setup" and confirm that the token information is correct.
9. Click "Confirm Setup" to proceed.
10. Select the chains that you wish to deploy your token on. You will need to select 2 or more chains. You will also need to decide the supply for each chain. You can customise the supply, by default the supply is split evenly between the chains. You can also view the fee required to deploy on each chain.
11. Click "Setup & Deploy" to deploy your omni-token. You will need to sign the transaction via your wallet.
12. You can follow the progress of the deployment and view the contract address for each of the selected chains.
13. Congratulations! You have successfully launched your new omni-token.