👷Managing Tokens

Coin Genie offers users a comprehensive dashboard to manage and track their tokens.

Access Your Token Dashboard

Navigate to coingenie.io/<your-ethereum-address>/tokens (or click the Your Tokens nav links) to see a list of tokens you've created using the Coin Genie. Click "MANAGE" to go to that token's dashboard.

Details

This tab provides an overview on the parameters of your ERC20 contract.

Open Trading

This will open trading for your token by adding liquidity to Uniswap. You must have at least 0.5 ETH (plus gas) in your wallet to open trading. A 1% fee will be taken from the liquidity amount to pay for maintaining the project.

• Initiate Trading: Users can kickstart trading for their Coin Genie ERC20 tokens by creating liquidity.

• Comprehensive UI: We offer a detailed user interface that educates users about the nuances of opening trading and the significance of liquidity.

• Interactivity: With elements that allow users to specify the liquidity amount and manage trading settings, we offer a hands-on approach to liquidity management.

• Feedback Mechanisms: The platform provides real-time feedback on trading status, guiding users every step of the way.

• Guidance: For users new to the concept of liquidity or those looking for a refresher, we offer resources and explanations to ensure clarity.

🧞NOTE: Remember, providing sufficient liquidity is not just about enabling trades; it's about fostering trust, reducing price volatility, and ensuring the token's long-term success.

Swapping Collected Taxes for ETH

This management tool enables the tax wallet for the token to convert the collected taxes to ETH, which is then sent to the tax wallet. The amount swapped will be the minimum of the current token balance of the contract and the max amount to swap for tax that was configured during the creation of the token.

Renounce Ownership

The Renounce Ownership feature allows you to permanently transfer control of the Coin Genie ERC20 token contract.

🧞NOTE: THIS ACTION IS IRREVERSIBILE. Once ownership is revoked, you cannot regain ownership or make changes to the contract.

How to Use:

1. Navigate to the "Renounce Ownership" section on the platform.

2. Read the provided information to understand the implications of your action.

3. Interact with the various checkboxes to confirm essential settings.

4. Once ready, click the button to renounce ownership.

5. A confirmation modal will appear, emphasizing the irreversible nature of this action. Confirm if you're sure.

6. After completion, you'll receive feedback on the status of the action.

🧞NOTE: Ensure you understand the ramifications of this action before proceeding: IT IS PERMANENT.

Implications of Renouncing Ownership

1. You WILL NOT be able to change the trading limits or delays.

2. You WILL NOT be able to change the tax amounts.

3. You WILL NOT be able to open trading.

4. You can still "Manual Swap" tokens if you are the tax wallet owner.

5. You can still manage your liquidity.

Settings

Update Maximum Tokens Per Wallet

Designed to enable token administrators to control the distribution of the Coin Genie ERC20 tokens:

• Purpose: Set a limit on the number of tokens a single wallet can hold. This is particularly useful to prevent the concentration of tokens in a few wallets and ensure a wider distribution.

• Input Field: Users are provided with a field to specify the maximum amount of tokens a wallet can hold.

• Guidance: The platform also suggests a maximum wallet amount, typically around 4% of the total supply of the tokens, to assist users in setting a balanced limit.

• Notifications: Upon defining the desired amount and submitting the update, the system immediately reflects the new limit. Users are kept informed with feedback messages, detailing the status of their update request, and any potential errors.

Updating Fee and Fee Recipient

Provides users with an interface to adjust the tax rate for the Coin Genie ERC20 tokens:

• Function: This feature allows token owners to define the percentage of tax applied when the Coin Genie token is purchased.

• Input Field: Users can specify the desired tax rates.

• Guidance: Adjusting the tax rates can have implications on how the token is perceived on various platforms. A buy or sell tax rate greater than 5% may result in the token being flagged on some decentralized exchanges and token screeners, such as DEXScreener and TokenSniffer.

🧞NOTE: Always be sure to understand the ramifications of adjusting the tax rates and consult with the community or token stakeholders before making significant changes.