> ## Documentation Index
> Fetch the complete documentation index at: https://docs.pariprotocol.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Launch a token

> From connecting a wallet to a live token, step by step.

## What it is

A launch creates your token and opens trading on a bonding curve. Every launch follows the same public rules, and you choose how strict they are by picking a preset.

## When to use it

Use this guide to launch from the site. To launch from your own code, go to the [Quickstart](https://docs.pariprotocol.xyz/build/quickstart.md).

> [!NOTE]
>
> You need a wallet with SOL. The site is on devnet today.

## Step by step

**1. Connect your wallet**

Open [Launch](https://pariprotocol.xyz/launch) and connect your wallet.

**2. Pick a preset and a pair**

Choose Light, Standard or Strict. Standard is the default. You cannot change it after launch. Compare them in [Launch rules and presets](https://docs.pariprotocol.xyz/protocol/presets.md). Under Pair with, choose SOL or a tokenized stock.

**3. Add the details**

Add the name, symbol, image and description. Website, X, Telegram and a dev buy are optional. Your dev buy stays locked.

**4. Review**

Check everything, including the total cost. This is the last step before the transaction. A launch is public and permanent.

**5. Launch**

Approve the transaction in your wallet. The token opens for trading and gets its own page.

## Numbers and limits

| | Light | Standard | Strict |
| - | - | - | - |
| Your launch buy, at most | 1.5% of supply | 1% | 0.5% |
| Your launch buy unlocks | At migration or after 24 hours | At migration or after 24 hours | At migration or after 7 days |
| Sniper fee | 99% → 1% in 30 s | 99% → 1% in 30 s | 99% → 1% in 3 min |
| Max wallet | 1% of supply for 60 s | 0.5% for 2 min | 0.25% for 5 min |

The name can have up to 32 characters and the symbol 1 to 10 letters or digits. These are the starting values. They may change before the mainnet launch.

## What can go wrong

> [accordion] The name or symbol is taken
>
> For 6 hours after a launch, no other launch may use the same name or symbol. Lookalike letters, accents and digits are compared after normalization.

> [accordion] You picked the wrong preset
>
> You cannot change the preset after launch. Check it on the Review step.

> [accordion] You want to sell your launch buy early
>
> You cannot. It stays locked in a program vault until the preset's unlock time.

> [accordion] You pair with a stock
>
> Your dev buy swaps SOL for the stock first. Fees and rewards for that token are paid in the stock, and its issuer can freeze accounts. Tokenized stocks are not offered to US persons, and the Review step asks you to confirm that.

## Next

> [card] [Fees](https://docs.pariprotocol.xyz/protocol/fees.md)
>
> See what the creator receives on each trade.

> [card] [Read a token page](https://docs.pariprotocol.xyz/guides/read-a-token-page.md)
>
> What each part of your token page tells people.


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