Sell in the market
Your launched token goes to its market. You receive the reserve token, subject to the market's liquidity and trading terms.
Your tokenReserve token
Opening ELYSEED…
Opening ELYSEED…
Dedicated reserve tokens connect approved assets to the markets you create.
A stock ticker identifies an underlying company. An approved reserve gets its own protocol token and vault. Tokens launched by users trade against that reserve token.
These are three distinct assets. Creating a token does not create ownership of the underlying stock.
Explore reservesThe underlying company ticker.
The quote asset issued through its vault.
An independent token trading against P-ABC.
Two actions. Two different pools.
Your launched token goes to its market. You receive the reserve token, subject to the market's liquidity and trading terms.
Redeem the reserve token separately for the settlement asset. Quotes, available cash, limits and pauses affect redemption.
You can explore the interface, connect a browser wallet and prepare a local launch draft. Live launches, trading and redemption require a new deployment and activated reserves.
The first asset, settlement currency, fees, price source and backing model are still to be configured. A cash test is not stock custody. Rising stock reference prices can create redemption liabilities above the cash held in a vault.
The essentials, explained.