ROGERPAD DOCS
Solana Chain
Solana Chain
  • SOLANA CHAIN
    • 🟩SOLANA Chain
      • Introduction to Solana Chain
      • Identifying the Need for ROGER PAD
      • Our Suggestions
      • Our Offer to you
      • ROGER PAD DETAILS
        • Benefits of RogerPad
        • RogerPad's Components
          • RogerGenesis
            • Contract Types
          • RogerPad
          • Roger Guard
        • Sales Categories
          • Presale
          • Fair Launch
          • Whiz Launch
          • Tier Launch
        • Type of Sales
          • Conventional Launch
          • Dynamic Launch
          • Custom Launch
          • Stealth Launch
        • PreSale Models
          • Public Sale
          • Whitelist
          • Tiered Whitelist
        • Varied Sales Options
          • Bonus Sales Program
          • Affiliate Program
            • Affiliate Rewards Explained
          • BuyBack Program
          • Min/Max Buy
          • MAX Per Transaction
          • LP Creation
          • Vesting Program of RogerPad
            • The Presale Vesting System
            • The Team Vesting System
            • Vesting/Team Token Claiming
  • ROGER [ solana] GENESIS
    • 🦄ROGER [ solana] GENESIS
      • Type of Contracts
        • Prime Contract
        • Apex Contract
      • Immutable Option
      • Revoke Mint
      • Revoke Freeze
      • LP Creation
      • OpenBook Market Setup
  • ROGER [solana] GUARD
    • 🛅ROGER [solana] GUARD
      • Introduction
      • High Lights of RogerGuard
      • LP/Token Claiming
      • Renounce ownership of a lock
      • Transfer Lock Ownership
  • AMM - OPEN BOOK MARKET
    • 🔻OPEN BOOK MARKET
      • Introduction: OpenBook Market
      • Cost Vs Quality
        • Cutting Costs, Compromising Quality
      • Create OpenBook Market
      • Tick Size Vs. Min Order
      • OpenBook Market Alt Choices
      • Summary
  • 🟧STEP 1: CREATING A TOKEN
    • 1️Minting a Token
      • 🔵SPL 2020 (Prime Token)
      • 🟢SPL 2022 (Apex Token)
      • Approve & Pay:
  • 🟦STEP 2: CREATING A POOL
    • 2️Creating a Pool
      • 🏴General Information
        • Navigating Token Raise Sale Planning
        • Explanations
          • Presale Rate
          • Dex Listing Rate
          • Dex Liquidity (%)
          • Liquidity Lock (Days)
          • Soft Cap
          • Hard Cap
      • 🎚️PreSale Calculator
      • ✅P R E S A L E Setting Up
        • BASIC STEPS for setting up a Pool
          • General Information
          • Sale Details
          • Sale Options
          • Social Media & Project Details
          • Review and Create Sale
      • ✳️F A I R L A U N C H Setting Up
        • BASIC STEPS for setting up a Pool
          • General Information
          • Sale Details
          • Sale Options
          • Social Media & Project Details
          • Review and Create Sale
  • ➡️POST CREATING POOL
    • Step 2.a | Token Locking
      • LP/Token Locking
    • Step 2.b | Vesting Tokens
      • Vesting Lock
    • Step 2.c | Badges and Rankings
      • Badges
        • KYC Badge
        • AUDIT Badge
        • BASED Badge
        • DOXX Badge
        • SAFU Badge
      • Project Rankings
        • Silver Rank
        • Gold Rank
        • Platinum Rank
        • Diamond Rank
  • 🟪STEP 3: FINALIZE AND LAUNCH
    • 3️Finalize | Claim | Launch
      • Step 3 Finalizing Sale
      • 3.1 | OpenBook Market
        • Create OpenBook Market
      • 3.2 | Finalizing Pool
      • 3.3 | Cancelling a Pool
      • 3.4 | LP Creation & Launch
      • 3.5 | Token Claim
  • ROGER[solana] AIRDROP
    • MULTI-SENDER [SOLANA] SYSTEM
      • Introduction
      • Steps to Create a Roger AirDrop
        • Use Roger AirDrop
        • Cost of Using Roger AIRDROP
  • INVESTOR'S [solana] CORNER
    • How to Participate in a PreSale
    • Affiliate Program
    • How to Claim your Token
    • Withdrawing your Contribution
    • Emergency Withdrawal
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  1. AMM - OPEN BOOK MARKET
  2. OPEN BOOK MARKET

Cost Vs Quality

Striking a Balance: Navigating the Costs and Capabilities of OpenBook Market Creation in Solana

The cost of establishing an OpenBook Market within the Solana ecosystem hinges significantly on the market's size. This size directly influences the volume of transactions the marketplace can effectively process. While theoretically, an "optimal" market size might command a price tag of approximately 2.7-3 SOL, the reality often presents a more economical option, with markets being created for less than 0.5 SOL.

In this discussion, we'll delve into the nuances of creating an OpenBook Market for as little as 0.5 SOL, but not without addressing the inherent risks associated with such a decision. Balancing cost-efficiency with functional capacity is paramount, as cutting corners in the creation process may lead to unforeseen challenges down the line. Let's explore these risks in depth before embarking on the journey of cost-conscious market creation in Solana.

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Last updated 1 year ago

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