Updating Token Info

Who Can Update the Metadata?

Only authorized users can change the metadata:

• Wallet Ownership: You must use the same wallet that created the token to make updates.

• Token Supply Control: Alternatively, if you hold more than 50% of the total token supply, you also have the authority to update the metadata.

Enhancing Token Metadata

This form allows token creators and holders to enhance the metadata of their token, which is crucial for increasing the token's visibility, credibility, and discoverability. Metadata updates such as social links, logo, and token description are not only visible on the token but are also reflected on Dexi, where users can easily discover and learn more about your token.

Sections of the Form:

1. Social Links:

   • Add your Twitter, Telegram, Website, and custom links to give your token more legitimacy and provide direct access to your project's community and information. This helps build trust with potential investors and token holders.

2. Logo and Cover Image:

   • Upload a professional logo and cover image (PNG, JPG, WebP up to 1MB). These visuals are important for brand recognition and help distinguish your token from others, particularly when viewed on Dexi.

3. Token Description:

   • Provide a short, clear description of your token. This is essential for letting potential investors understand the purpose or mission of your project. The description appears on Dexi, making it easier for users to evaluate and discover your token.

4. Update Metadata Price:

   • Updating the metadata requires a small fee (in this case, 2 USD, which is converted to the selected payment token). This ensures that only authorized and serious updates are made to the token’s information.

5. Payment Token:

   • You can choose the payment token for updating your metadata. In this example, the payment token is AO.

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Why Updating Metadata is Important:

Keeping your token's metadata up to date ensures that your project remains transparent and trustworthy. By regularly updating the logo, description, and social links:

• Your project stays relevant and accurate for token holders.

• Potential investors can easily find and evaluate your token via Dexi, improving its visibility and discoverability.

• It fosters trust, showing that the project is actively maintained.