Polyton
Polyton is a mini app in Telegram that automates jetton launches on TON Blockchain.
Token creators on TON usually have to interact with various tools and websites, going through nine steps or more to launch a jetton. Using smart contracts, Polyton simplifies this complex process by automating token creation, pre-sale, and DEX pool liquidity deployment.
Team
Anna M. is the Polyton product lead and also a project forewoman at Global Crypto Startups.
George M. is the head of Design.
Alex K. is in charge of Business. He is a seasoned Web3 builder and a Counter-Strike Global Elite player.
Alexey K. is a Polyton Engineer. An ETH Zurich alumnus, blockchain developer, and quantitative analyst.
Timur B. is a Polyton Engineer, a Senior Frontend Developer with half a decade of Web3 experience. He also produces hip-hop tracks and is a high MMR Dota player.
How it works
- The token initiator accesses the Polyton app within Telegram, ensuring that TON wallet is connected.
- The next step is to click on the <<Create new>> button on the home page.
- The name of the token is composed, the logo is uploaded, and an appropriate symbol is chosen together with the option of a short description.
- Next is the provision of resource links. Links to the project website and social media handles are added here.
- The user then provides the start and end dates for pre-sale, defines the soft and hard caps, and specifies the minimum and maximum amount of tokens acquirable by each address.
- The total quantity of jettons to be created, along with pre-sale, liquidity pool and team allocation, are specified next.
- The last page specifies TON distribution earned from the pre-sale, after which one can click the <<Create and sell>> button.
- The transaction is confirmed in TON wallet.
The creator will wait for the token to be uploaded to the blockchain, and it will appear on the Polyton homepage when the process is complete.
The softcap is used to ensure the funds raised are adequate to make the project viable, while the hardcap limits the likelihood of overvaluation to allow investors to get a fair return on their investment.
Rug pulls are prevented by ensuring jetton liquidity pools remain blocked after launch, shielding token investors from the risk of losing their assets.
Other functions
Omni chain sales enable the purchase of any token on any chain and minting them on TON.
Vesting process configuration allows the regulation of token release, preventing the team from dumping the price of a jetton on their customers. Customizable parameters include the total number of tokens for sale, the listing allocation, the token share for the team, and TON allocation for the team.
Buying and selling tokens in the Polyton mini app. The app also allows investors to verify jetton tokenomics. By revealing how much of the jettons are sold, the proportion that provides liquidity and the share that’s left for the team, people make better-informed decisions. The token deployment is also controlled to prevent sniper bots from buying on listing and dumping tokens on other investors in the market
Milestones
Polyton took first place in the Open League Hackathon in Tbilisi in June 2024. The mainnet launch of the permissionless, one-click launchpad happened in July of the same year.
- Buying TON tokens on any EVM chains and Solana.
- Points and DAO tooling for TON projects.
- Margin trading DEX for TON assets.