Create your ETF
Step by step Guide
Last updated
Was this helpful?
Step by step Guide
Last updated
Was this helpful?
Choose a unique name that tells people what your fund is about.
• Example: If your fund invests in meme tokens, you might call it “New Meme Token.”
Pick a short and memorable name for your token, usually 3-5 letters.
• Example: For “New Meme Token,” you could use “NMT.”
Provide a link to a picture that represents your fund.
• Example: Use an image URL like “https://free.cdn/my-best-fund-logo.png.”
Write a short description about what your fund does and its goals.
• Example: “This fund buys meme tokens I’m most bullish on for July 2024.”
Setting Up Tokens and Their Weights: You need to pick at least 3 and up to 100 different tokens (cryptocurrencies) for your fund. The total percentage of all tokens should add up to 100%.
Example: If you choose 5 tokens, you might assign weights like this: Token A (20%), Token B (20%), Token C (20%), Token D (20%), Token E (20%).
• Token Symbol: Enter the short name or symbol of the token.
Example: If you’re adding Sui, the symbol is “SUI.”
• Weight: Enter the percentage of your fund that this token will represent.
Example: If SUI is 20% of your fund, you enter “20%.”
Repeat: Continue adding tokens until the total weight equals 100%.
Once you’ve added all tokens and their weights correctly, you will see a success message.
As the fund owner, you can decide how you will earn money by choosing between four types of commissions:
A small charge when someone adds money to your fund.
• Example: If the deposit fee is $1, every time someone puts money in your fund, you will earn $1.
A small charge when someone takes money out of your fund.
• Example: If the withdraw fee is $1, every time someone withdraws money from your fund, you will earn $1.
A yearly fee, a small percentage of the total money in your fund. The recommended range is 1% to 3%. This rate is calculated per year, but you will earn the profit daily, which means the yearly rate divided by 365.
• Example: If your fund has $1,000 and the management fee is 2%, you will earn $20 per year, approximately $0.05 per day.
A fee based on the fund’s profit, charged when the fund makes money. The recommended range is 5% to 25%.
• Example: If your fund grows from $1,000 to $1,200, and the performance fee is 20%, you will earn $40 (20% of the $200 profit). If the fund value goes down, you don’t earn this fee.
Enter the address where you want to receive the fees.
• Example: Fees will be sent in USDT to the address you provide (e.g., “0x06F8cbB6E6f1D90E637982348e20b3682B9Fa8E2”).