Token Deployment & Token Info
TLDR: new Clanker tokens launch with a fixed supply of 100B that is deposited into a single-sided Uniswap V3 LP and locked forever.
New Clanker tokens go through the following deployment process:
User deploys a Clanker token via @clanker on Farcaster or through a Clanker partner interface.
A new ERC-20 token (the base token) is created with a total supply of 100 billion (100,000,000,000). The token isn't mintable after this step, so the max supply will always be 100 billion tokens.
A new Uniswap V3 pool is initiated with the base token and quote token (WETH, by default). The entire total supply of the base token is deposited into the pool as single-sided liquidity. The starting market cap is set to 10 WETH by default.
The LP NFT that is created during step 3 is sent to a Clanker LP Locker. The LP Locker has no withdraw function, so LP NFTs that are deposited into it can never be withdrawn and are effectively locked forever. See Deployed Contracts for more info.
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