Step-by-Step

0xKakumei
InstantMISO
Published in
4 min readJun 15, 2021

A quick guide on using the MISO Kitchen to create your project Token and host a Market auction

Everybody gets a chef hat — Let’s get you trained up and cooking!

Creating your project token and hosting your own token auction has never been easier with MISO. To get you familiarized with operating MISO before our upcoming mainnet launch, this step-by-step tutorial will take you through using both our Token and Market Factories.

Currently testing of our Token and Market Factories is live across our first selection of test networks, namely:

  • Ethereum (Kovan, Rinkeby, Goerli, Ropsten)
  • BSC Testnet
  • Matic Testnet

Getting Started

Step 1: Head over to miso.sushi.com

Step 2: Connect your wallet to MISO.

Step 3: Select your testnet either via MetaMask or our network switcher (Make sure you have some testnet funds to cover fees).

Step 4: Make your selection — New Token or New Sale — from the Factory dropdown on the left of the page.

Token Creation

Our 3 step Token Factory takes much of the work out of token creation. Just click which token type you would like to create, input 3 pieces of information and click deploy. Congratulations, you have created your cryptocurrency token in 3 clicks!

Step 1: Select your Token Type

Step 2: Input your token details

Step 3: Deploy

Simple. The MISO Token Factory only requires you input:

  • Token Name
  • Token Symbol or “ticker”
  • Supply to be minted
Note the difference in the input for our Mintable and Sushi tokens, Initial Supply. Both Mintable and Sushi token’s Admin roles will be assigned to the wallet address using the Factory.

Once your transaction is successful, you’ll be taken to the Result page, for a final review of your token creation — take this opportunity to add your new token to your wallet!

Market Set Up

There are various pros and cons to each of our Market offerings, so we’ll go into them in a different article. For the most part though, the current Market options share the same general operation instructions:

Step 1: Select your Market Type

Step 2: Approve the token and amount up for auction

Step 3: Input your Auction details (Payment Currency, Auction settings & duration)

Step 4: Approve relevant fees and deploy

For all auction types, SetUp will need you to set:

  • Auction Token
  • Token Amount (you will need to approve the amount first)

Note — You will need to Approve a token allowance, and have enough of the token in your connected wallet to proceed.

For all Market Auctions, the Sale detail form will have three main sections. MISO will need you to decide:

  • Payment Currency and payout address
  • Auction Settings
  • Auction Start & End

While the format of the Sale detail page will change depending on which Auction type you have selected, for the most part they share many of the same decisions and inputs. Head to our documentation for further info on each auction type but for display, see an example Dutch Auction below:

Upon deployment and confirmation of your transaction, CONGRATULATIONS! You’ll be able to see your deployed auction contract in the Upcoming section of MISO with a countdown to your previously selected Start Date.

More MISO:

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