SRC-20 Token Creation Guide

Create SRC-20 fungible tokens on Bitcoin using three simple operations: DEPLOY, MINT, and TRANSFER.

Web Interface (No Code)

1. Visit stampchain.io/create-token
2. Enter token details (ticker, supply, mint limit)
3. Connect wallet and pay Bitcoin fees
4. Token is deployed automatically

Example Token:

• Ticker: MYART (4 letters max)
• Supply: 100,000
• Mint Limit: 100 (prevents whale dominance)

SDK Implementation

npm install @btc-stamps/tx-builder

import { TxBuilder } from '@btc-stamps/tx-builder';

const txBuilder = new TxBuilder({ network: 'mainnet' });

// Deploy token
const deployTx = await txBuilder.src20.deploy({
  ticker: 'MYART',
  max: '100000',
  limit: '100'
});

// Mint tokens
const mintTx = await txBuilder.src20.mint({
  ticker: 'MYART', 
  amount: '100'
});

// Transfer tokens
const transferTx = await txBuilder.src20.transfer({
  ticker: 'MYART',
  amount: '50',
  destination: 'bc1q...'
});

Protocol Operations

SRC-20 uses JSON data stored on Bitcoin:

interface SRC20Operation {
  p: 'SRC-20';
  op: 'DEPLOY' | 'MINT' | 'TRANSFER';
  tick: string;        // 4-letter ticker
  max?: string;        // Total supply (DEPLOY)
  lim?: string;        // Mint limit (DEPLOY)
  amt?: string;        // Amount (MINT/TRANSFER)
}

Fair Launch Principles

Follow KEVIN's successful model:

• No Pre-mining: Creator gets tokens same way as everyone else
• Reasonable Supply: Not too high (devaluation) or too low (limits access)
• Fair Mint Limits: Allow broad participation, prevent whale accumulation
• Authentic Purpose: Build genuine community value

Common Token Patterns

Community Tokens (like KEVIN):

• Supply: 21,000,000 (Bitcoin-inspired)
• Mint Limit: 1,000 (accessible participation)

Art Tokens:

• Supply: 1,000-10,000 (limited editions)
• Mint Limit: 1-10 (exclusive access)

Utility Tokens:

• Supply: Matches intended usage
• Mint Limit: Based on user needs

Infrastructure & APIs

Bitcoin Stamps tokens require:

• Counterparty node for protocol processing
• Open-source stamps indexer for data extraction
• API access via stampchain.io/api for token data and balances

Developers can run their own indexer or use existing API endpoints for token information and transaction history.

Economics & Costs

Transaction Costs:

• Deploy: ~$4-8 (20-40k sats)
• Mint: ~$2-4 (10-20k sats)
• Transfer: ~$1-3 (5-15k sats)

Costs vary with Bitcoin network congestion

Launch Strategy

1. Test on testnet first
2. Share concept with community
3. Deploy token on mainnet
4. Enable community minting
5. Build real utility and value

Resources

• SRC-20 Protocol → - Technical specification
• API Integration → - Token data access
• Community Values → - Fair launch principles
• Create Token → - Web interface

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Create tokens responsibly following fair launch principles established by KEVIN and the Bitcoin Stamps community.