As a general rule of thumb: whenever you launch a token, it’s important to set clear expectations with your community, traders, and teammates. Underpromise and overdeliver. Steer clear of promising future profits and consult professional legal advice.
Token Pairings
Clanker tokens can be paired with any ERC-20, although we suggest using a token with deep liquidity for optimal trading. Here’s an example of deploying a clanker paired with another clanker token: https://github.com/clanker-devco/clanker-sdk/blob/main/examples/v4/customPair.tsPairing with USDC
PROS:- token price won’t fluctuate in dollar value based on the price of the underlying asset
- cleaner in dashboards, analytics, marketing, and usually people refer to coin market caps in dollar amounts
- taxes
- swaps can require multiple pool hops (eth=>USDC=>TOKEN) which can increase txn fees per swap
- on some chains, a stablecoin may have shallower liquidity compared to the wrapped native token
- isolates the non-USDC familiar users and countries whose primary currency isn’t USD
Pairing with WETH (or wrapped native gas token)
PROS:- dexes pick up WETH pools easier in general
- best composability with DEX aggregators, lending protocols, trading bots WETH
- double volatility (token/eth x eth/usd)
- market cap is seldomly referred to in WETH terms
- price charts can be misleading as the default y-axis is usually dollar based (see attached images)
When to use USDC or WETH?
Use USDC for consumer app tokens, stable yield / RWAs, treasury protocols, and maybe governance tokens use WETH for defi-native projects / infra tokens, memes, speculative tokens that are built to bounce up and downEpisode 1: Clanker 101
Full episode HERE which covers:- what is Clanker?
- how to launch a token
- fees + token management + adding liquidity
- deployment configurations (static vs dynamic fee, reward recipients, creator vault, dev buy, airdrops)
- best practices + more!
Episode 2: LP Management
Full episode HERE which covers:- LP fundamentals, strategies & tradeoffs
- common LP mistakes
- starting market cap
- sniper tax mechanics
- Clanker LP position simulator
- walkthrough of adding & removing liquidity
LP position simulator:
- Simulate LP positions, market cap changes based on buys and sells, and simulate supply purchased through dev buys at various starting market caps: https://clanker.world/lp-simulator