Migration from X chain to Polygon

Created by Sourajyoti Gupta, Modified on Fri, 28 Jul 2023 at 07:33 PM by Sourajyoti Gupta

To Migrate your tokens from X chain to Polygon, you would have to deploy the same token contract on the polygon network and set up liquidity for your token w.r.t a stablecoin in the polygon network. There are certain key pointer things that you should know before beginning with the Liquidity Pools. Initial token price - start with the market cap for your token that you think your project should have initially. Make sure you own 100% of the total supply of your token. To provide liquidity to your Liquidity Pool, you need to have 2 assets. i.e., your token and stablecoin. Plan out the supply amount of the token you're willing to provide for liquidity. It is recommended to provide a large share of your total supply as a liquidity pool because it reduces the risk to destroy the token price in the coming future.

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