Define and Launch a Token Economy

Choose the launch path

Advanced is the flexible path. It uses a 7-day auction, supports a presale allocation between 25% and 50% (in 5% steps), allows one to four issuer fee recipients, can include a referrer, and supports vesting. When the presale allocation is below 50%, vesting is enabled, as the remaining supply gets split between LP incentives (20% of remaining) and an issuer vesting allocation (80% of remaining).

Express is the shorter path. It uses a 24-hour auction, splits the supply 50/50 between presale and liquidity, supports one issuer fee recipient, has no referrer, and includes no vesting.

Set the launch details

The issuer fills in the details users will see before they contribute: chain, name, ticker, logo, description, website, video, and social links.

Set the auction structure

The auction window and graduation threshold are static for all launches, as part of the Boardwalk standardization. Express uses a 24-hour auction. Advanced uses a 7-day auction and 24-hour start delay. The graduation threshold is currently 10 ETH or the chain-specific raise token equivalent (e.g. frxUSD on Fraxtal).

The issuer can set a goal for the raise — an optional target intended to communicate the amount of contributions sought from contributors. The Raise Goal does not cap the auction and does not replace the graduation threshold. Auctions have no raise limits.

How the supply is split

For an Express launch (50% auction): 50% goes to auction contributors, 50% pairs with the raised asset to seed liquidity. There is no LP incentive pool and no issuer vesting.

For an Advanced launch (auction set between 25% and 50%): the auction percentage goes to auction contributors, an equal amount pairs with the raised asset to seed liquidity, and the remainder becomes the vesting pool. 20% of the vesting pool funds LP incentives. The other 80% goes to issuer-directed vesting.

An Advanced launch with a 30% for auction would split: 30% auction, 30% liquidity, 8% LP incentives, 32% issuer-directed vesting.

For example, an Advanced launch sets 35% for auction which results in 35% for pairing into permanent liquidity. The 30% remaining; 6% is directed to LP vesting (20% of the remaining), leaving the issuer with 24% to direct to chosen recipients.

Configure fee recipients

The issuer defines issuer-directed fee destinations and sets the address and percentage for each allocation.

Issuer is the person or team launching the token economy.

Entity is usually a treasury or working-funds address, often protected by a team multisig.

Referrer is typically someone who helped the issuer discover Boardwalk or get the auction set up. This is optional, and only Advanced supports it. The referrer portion comes from the Boardwalk portion, not from the Issuer.

Public good is an optional destination for a cause or charitable organization.

Growth Team can be an individual, team, or entity helping grow the project and community through marketing, content creation, community management, business development, or other targeted initiatives.

Once the token is live, the core fee percentages are immutable for that launch. Addresses can rotate later through a timelocked address-change flow (see Technical Appendix), but the fee split itself does not change.

Configure token vesting

Vesting is Advanced-only. When the presale allocation is below 50%, vesting is required.

Advanced launches can support up to five vesting recipients, including a referrer.

Once initialized, the vesting schedule is fixed. Issuer-directed vesting starts after a 7-day cliff and then vests linearly over 3 years. Only destination addresses can change via a 7-day timelock process. When an address is updated, vested but unclaimed tokens for the old address are claimed before the new address takes over.

Vesting to LP Participants becomes active 24 hours after liquidity seed.

BMX burn to launch

Currently it requires burning 100 BMX to launch an economy on Boardwalk. This is seamlessly integrated in the launch process.