Educational Resources
Clanker U: resources to help guide you with deploying a token
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.ts
Pairing 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
CONS:
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
CONS:
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 down
Episode 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
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