> For the complete documentation index, see [llms.txt](https://toshi-the-cat.gitbook.io/toshi-on-base/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://toshi-the-cat.gitbook.io/toshi-on-base/toshi-tools-documentation/token-launcher/token-types.md).

# Token Types

### Token Types

*Users can choose from the following four types of tokens:*

### Standard Token

*A basic ERC-20 token for creating and managing fungible assets on Base.*

**Required Fields**

* **Name:** The name of the token (required).
* **Symbol:** The symbol for the token (required).
* **Decimals:** The number of decimal places for the token (required, positive integer, max 18).
* **Supply:** The total supply of the token (required, positive integer).

**Use Cases**

* Launching utility tokens for platforms and applications.
* Creating tokens for in-game currencies or rewards.
* Issuing company shares or bonds in a tokenized format.

### Baby Token

*A community-driven token that features a deflationary mechanism, burning a percentage of each transaction to reduce total supply.*

**Required Fields**

* **Name:** The name of the token (required).
* **Symbol:** The symbol for the token (required).
* **Decimals:** The number of decimal places (required, positive integer, max 18).
* **Supply:** The total supply of the token (required, positive integer).
* **Reward Token:** Address of the reward token (required).
* **Marketing Wallet:** Address of the marketing wallet (required).
* **Token Rewards Percentage:** Percentage of tokens used for rewards (required).
* **Liquidity Percentage:** Percentage of tokens allocated for liquidity (required, can’t exceed 25% when combined with other percentages).
* **Charity Wallet:** Optional address for charity contributions.
* **Charity Percentage:** Optional percentage for charity.

**Use Cases**

* Establishing a community-driven project with tokenomics focused on scarcity.
* Creating a reward system that incentivizes user participation through deflation.
* Supporting charitable initiatives by allocating a portion of the supply for community-driven projects.

### Baby Buy Back Token

*A deflationary token with a built-in buyback feature, allowing the contract to repurchase tokens from the market to help stabilize their price.*

**Required Fields**

* **Name:** The name of the token (required).
* **Symbol:** The symbol for the token (required).
* **Decimals:** The number of decimal places (required, positive integer, max 18).
* **Supply:** The total supply of the token (required, positive integer).
* **Reward Token:** Address of the reward token (required).
* **Buy Back Percentage:** Percentage allocated for buybacks (required).
* **Reflection Percentage:** Percentage allocated for reflections (required).
* **Liquidity Percentage:** Percentage of tokens allocated for liquidity (required, can’t exceed 25% when combined with other percentages).
* **Marketing Percentage:** Percentage allocated for marketing (required, can’t exceed 25% when combined with other percentages).
* **Fee Denominator:** The denominator for calculating fees (required).

**Use Cases**

* Implementing price stabilization mechanisms for community projects.
* Encouraging long-term holding by providing buyback incentives.
* Creating a sustainable economic model that supports the token’s value.

### Liquidity Token

*A token designed for providing liquidity to decentralized exchanges, enabling users to create trading pools and earn transaction fees.*

**Required Fields**

* **Name:** The name of the token (required).
* **Symbol:** The symbol for the token (required).
* **Decimals:** The number of decimal places (required, positive integer, max 18).
* **Supply:** The total supply of the token (required, positive integer).
* **Tax Percentage:** Percentage allocated for taxes (required, can’t exceed 25% when combined with other percentages).
* **Liquidity Percentage**: Percentage of tokens allocated for liquidity (required, can’t exceed 25% when combined with other percentages).
* **Charity Wallet:** Optional address for charity contributions.
* **Charity Percentage:** Optional percentage for charity (only if the charity wallet is set).

**Use Cases**

* Facilitating liquidity provision for new decentralized exchanges.
* Allowing users to earn transaction fees by contributing to trading pools.
* Supporting automated market makers (AMMs) by ensuring sufficient liquidity.