How to launch a token on Tolly: how the launchpad works and how to join in
If you want your token trading from the very first block, with no curve to fill and no graduation to wait for, learning how to launch a token on Tolly is the most direct route you’ve got on Arc. Tolly drops the supply into a USDC pool with the liquidity locked in the same transaction that creates the token. That way you don’t need to raise funds or front a big outlay to get your project off the ground.
In this post I’ll walk you through how Tolly works, the 3% rule that caps early buys, the best way to run a launch through a bundler, how it differs from Argus, and what it costs to launch and operate afterward. Let’s start with the basics.
How Tolly works on Arc without a bonding curve
Most launchpads use the bonding curve as the initial stage for any coin. That’s where funds get raised and later locked into a liquidity pool on a larger DEX, but only if they hit a volume target. Well, Tolly skips that whole process. Its contract, TollyPad, mints exactly 1 billion tokens and places almost the entire supply into a Uniswap V3-style pool paired against USDC, with a 1% fee, inside the launch transaction itself.
The liquidity position is not handed over to the creator: it stays locked in a Tolly contract that handles the fees. That means nobody, you included, can pull the initial liquidity, and it’s one of the reasons a Tolly token builds trust from second one.
- Fixed supply: always 1 billion tokens.
- No tax: no buy tax, no sell tax, just the pool’s 1% fee.
- On-chain metadata: image, website, X, and Telegram are stored alongside the token.
- No Tolly launch fee: the protocol doesn’t charge for creating the token.
The 3% rule during the first five minutes
Tolly applies a ‘protection’ during the first few minutes post-launch, but it’s not a tax, it’s a holding cap. During that initial window, the contract rejects any buy that would leave the receiving wallet with more than 3% of the supply, counting tokens already held. Once that window closes, buys are unrestricted.
| wallet status | Can it buy in the first 5 minutes? |
|---|---|
| Holds no tokens and buys 2% of the supply | Yes |
| Already holds 2% and wants to buy another 2% | No, it would end up at 4% |
| Wants to buy 30 million tokens in one go | Right at the limit: 3% equals 30 million |
| Sells part of what it holds | Yes, the cap only applies to buys |
This is a solid way to stop a single whale from grabbing a huge chunk of the supply and gaining the power to dump the token at any moment. At the same time, snipers are forced to stay under that 3% cap. Still, a group of wallets can coordinate an early buy and leave you, and every future buyer, exposed indefinitely.
Instead of waiting for the worst-case scenario, you can use the bundler for Tolly, a tool from our dApp that lets you add up to 20 wallets to run a bundled buy right after launch. That way you diversify the holdings if you want to use treasury wallets, keep one for airdrops, or reward your community with incentives.
If you do a manual buy after someone else’s sniper gets in first, you’re already starting at a loss. That’s why the buy needs to execute right after the contract is deployed.
How to launch a token on Tolly step by step
As we mentioned earlier, the Tolly Bundler by Smithii is a tool that lets you create your token on Tolly, buy in the same transaction, and coordinate up to 20 snipers, simulating each buy against the 3% cap beforehand. So any buy that would exceed it gets flagged in the form instead of reverting on-chain. This is the interface you’ll see and the steps to follow:
- Open the tool and connect your wallet: the account you connect will be listed as the creator of the token on this Arc launchpad.
- Enter the name, the ticker, and upload the image: up to 32 characters for the name and a ticker with 2 to 10 uppercase letters or digits.
- Add your links: website, X, and Telegram, which are stored on-chain alongside the token (I recommend doing this to add credibility to your coin).
- Set your initial buy and the sniper wallets: the USDC you spend yourself plus up to 20 imported wallets, none above 3% of supply.
- Sign the launch: first the USDC approval for your buy, if any, then the Smithii fee, and finally the token creation.
Your initial buy is part of the same transaction that deploys the token and opens its pool, so the token cannot exist without it. Snipers go in right after the launch confirms, each at a new price, with its own USDC approval and 20% slippage. If one fails, the token and the other wallets are not affected.
What the Priority option does
Priority sends sniper buys with a gas price 50% higher. It improves their chances of getting in early, but it does not guarantee they land before other buyers: the transaction order on Arc is not controlled by the tool. Gas fees on buys are already low, so if you want to tighten up buy security, it shouldn’t cost you much.
Tolly or Argus: which launchpad fits better for launching on Arc
Both launchpads trade on USDC and both run Bundler on Smithii, but they follow different strategies:
| Tolly | Argus | |
|---|---|---|
| Supply | Fixed, 1 billion | 1 billion with the Bundler |
| Tax | None | 3% buy and sell tax for the creator |
| Launch protection | 3% cap per wallet for 5 minutes | Opening tax for 3 seconds |
| Pool | Uniswap V3, locked liquidity | Uniswap V4 with hook |
| Valuation | Set by the pool itself | 2,500 USDC initial and 45,000 USDC bond |
Tolly fits if you want a simple launch, no tax and liquidity locked from the start. Argus might be the better pick if you want every trade to leave a tax for the creator and the token to target a bond valuation.
Arc has a third launchpad that plays by different rules: long.supply pairs each token with a tokenized stock, like NVDA, CRCL, TSLA or SPY, inside a locked Uniswap V3 pool. There you buy and sell in that stock instead of USDC, which is only used for fees and gas. It’s a fit if you want your token to trade pegged to a specific stock, though it forces your wallet and your snipers’ wallets to hold that stock before launch.
If you’re curious about the other option, here’s how to launch a token on Argus with a dev buy and snipers.
Buying and selling from multiple wallets on Tolly
To trade your token after launch, the suite ships two tools that first check the token is registered on TollyPad and that its pool is the actual 1% pool against USDC:
- Tolly Bundle Buy: buy with USDC from up to 20 wallets. During the first five minutes it blocks any buy over 3%, and every price is rechecked before signing, with a 60-second window.
- Tolly Bundle Sell: imported wallets aren’t given a token amount, but a single percentage of their balance that applies to all of them; only the connected wallet accepts an exact amount. All of them receive USDC. There’s no sell tax, so what you get back depends on the pool price and its 1% fee.
And if you want action on the pair right after launch, check out how to run a volume bot on Tolly from the very first block.
How much it costs to launch and trade on Tolly
| Tool | What Smithii charges | Extra costs |
|---|---|---|
| Bundler (launch) | 25 USDC | Your initial buy and gas |
| Bundle Buy | 25 USDC per batch | 1% pool fee per buy |
| Bundle Sell | 12.5 USDC per batch | 1% pool fee per sell |
The Bundle Buy fee is paid once before the batch runs and isn’t refunded if a buy fails. Everything, including gas, is paid in USDC; if you’re short, you can bring some over to Arc with a bridge.
FAQ
What is Tolly on Arc?
It’s an Arc launchpad that skips the bonding curve. Each launch mints 1 billion tokens and drops almost the entire supply into a Uniswap V3-style pool against USDC, with liquidity locked inside a Tolly contract.
Can I change the supply or the pool fee?
No. On Tolly, the 1 billion supply, the 1% pool and the 3% cap are protocol rules, so the Bundler shows them as fixed values rather than settings.
Do Tolly tokens have a tax?
No. There’s no buy tax, sell tax or transfer tax. The cost of trading is the 1% pool fee plus Arc gas, which is paid in USDC.
Do my snipers buy before everyone else?
No guarantees. They fire after the launch is confirmed, one after another, and even though the Priority option bumps their gas price by 50%, transaction ordering on Arc isn’t something the tool can promise.
How much does it cost to launch on Tolly with Smithii?
Smithii charges 25 USDC per launch, no matter which snipers you use, and Tolly doesn’t add anything on top for creating the token. On your side, you cover the gas on USDC and your initial buy; each sniper covers its own.
Final thoughts
Now that you know how to launch a token on Tolly, you can go straight into a USDC pool with locked liquidity, lock in your buy inside the launch transaction, and split the sniper buys while staying under the 3% cap. With Bundle Buy and Bundle Sell, you also cover follow-up buys and sells spread across your wallets.
Tolly’s simplicity is its biggest strength: no tax or valuations to configure, what sets your launch apart is the project itself and how you communicate it.
Content creator and SEO contributor at Smithii. Systems Engineering student and crypto-tech enthusiast.
