Step 12: Define Token Parameters

Mandatory

This step involves defining the technical and financial parameters of the token. These parameters are critical for ensuring the token is properly configured for issuance, compliance, and operational use. Each parameter is stored as metadata in the token’s smart contract, providing transparency and facilitating interoperability.

---

Token Parameters

1. Token Name

   1. The full name of the token (e.g., “Stobox Token”).

   2. Importance:

      1. Provides a unique, recognizable identity for the token.

      2. Helps investors and users identify the token in wallets, exchanges, and platforms.

2. Token Symbol

   1. Description: A short ticker symbol for the token (e.g., “STBX”).

   2. Importance:

      1. Used in trading platforms and wallets to display the token.

      2. Ensures efficient branding and recognition for trading and transaction purposes.

3. Token Decimals

   1. Specifies the number of decimal places the token can be divided into.

   2. Options: 6 or 18.

   3. Importance:

      1. Defines the token’s granularity for transactions (e.g., 6 decimals are common for fiat-like or security tokens, and 18 decimals are standard for most crypto assets).

      2. Balances usability and precision based on the token’s use case.

4. Token Total Supply

   1. The total number of tokens created and available, including those not yet distributed.

   2. Importance:

      1. Sets the absolute maximum supply of tokens in existence.

      2. Important for tokenomics and price forecasting.

5. Token Total Suppl

   1. The maximum allowable limit for the total token supply if additional tokens are minted in the future

   2. Importance:

      1. Adds flexibility for potential future minting while maintaining a predefined cap.

      2. Provides transparency about the upper limit of token inflation.

6. Token Initial Supply

   1. The number of tokens available at the time of token creation or issuance.

   2. Importance:

      1. Defines the starting liquidity for the token.

      2. Helps establish initial market dynamics, such as price and trading volume.

7. Token Standard

   1. The technical standard governing the token.

   2. Options: ERC20.

   3. Importance:

      1. Ensures compatibility with Stobox infrastructure and compliant token functionality.

      2. Standardizes token features, including metadata, rights, and automation.

8. Token Network

   1. Specifies the blockchain network on which the token operates.

   2. Options: Arbitrum, Ethereum, BNB Chain, Polygon

   3. Importance:

      1. Defines the ecosystem where the token will be deployed and used.

      2. Enables access to the benefits of the Arbitrum network, such as scalability, low fees, and security.

9. Token Price

   1. The initial price of the token is typically denominated in fiat or stablecoins (e.g., USD).

   2. Importance:

      1. Establishes the starting value for fundraising or trading.

      2. Provides investors with a clear understanding of the token’s entry point.

10. Token Market Cap

    1. The token’s market capitalization, calculated as Token Price × Token Total Supply. As market cap for transferable tokens continusly changes, this parameter isn't included in the Token's metadata.

    2. Importance:

       1. Measures the token’s total value in circulation, reflecting its size and investor confidence.

       2. Helps compare the token to others in the market.

11. Token Protocol

    1. The underlying protocol governing token operations.

    2. Options: STV2 or STV3.

    3. Importance:

       1. Ensures compliance with tokenization standards for legal, regulatory, and operational purposes.

       2. Provides a robust, interoperable framework for token functionality.

12. Token Rights Granted

    1. Lists the rights granted to token holders

    2. Importance:

       1. Codifies and enforces token holder rights within the smart contract.

       2. Ensures transparency and legal clarity regarding benefits such as voting, dividends, or revenue sharing.

13. Token Image

    1. An image or logo representing the token, typically provided in the JPG, PNG or SVG formats.

    2. Importance:

       1. Enhances visual identity and branding for the token.

       2. Ensures the token is easily recognizable in wallets, exchanges, and promotional materials.

---

Why Metadata for Token Parameters Is Important

1. Transparency

   1. Storing parameters as metadata ensures all stakeholders can verify the token’s configuration.

   2. Prevents misinformation about supply, rights, or compliance.

2. Interoperability

   1. Standardized parameters facilitate seamless integration with wallets, exchanges, and platforms.

   2. Ensures compatibility with ecosystem tools, particularly on the Arbitrum network and the STV3 protocol.

3. Automation

   1. Embedded metadata enables smart contracts to enforce token-specific features, such as supply caps or rights.

   2. Simplifies processes like dividends, voting, or redemptions.

4. Investor Confidence

   1. Clearly defined parameters provide investors with a complete understanding of the token’s structure.

   2. Enhances trust and fosters informed decision-making.

5. Scalability

   1. Metadata simplifies future token management, such as supply adjustments or network upgrades.

   2. Ensures tokens remain functional and compliant across evolving blockchain ecosystems.

---

Defining these parameters provides the foundation for a transparent, functional, and legally compliant token that meets the needs of both issuers and investors.

IMPORTANT: The parameters provided in this section are immutable, they cannot be upgraded later. Please verify them carefully before submitting.

---