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Etch Runes with Luminex

Etching initiates the token creation process by specifying attributes such as the token’s name, divisibility, symbol, and other immutable properties. This step marks the beginning of creating a rune.

In this tutorial, you will learn how to etch runes tokens so you can start participating in Bitcoin’s new token economy.

Etch Runes

Step 1: Visit the Luminex Home Page and click the “Mint Runes“, select “ETCH“. Then connect wallet.

Step 2: Fill Your Rune Details

• Rune Ticker: The name of your token.
• Decimals: Divisibility of your tokens. Default is 0, choose between 0 and 38.
• Symbol: The short ticker symbol for your token. If empty, a general symbol ¤ will be used.
• Max Supply: The maximum number of units that can ever be created for a Rune.
• Limit Per Mint: Field contains the amount of runes each mint transaction receives.

Step 3: “Select Fees” section shows you how much it costs for Etching Runes.

You can also set the network fee here. The picture shows “Medium 6 Sat/vB” and “Custom“. Click on “Custom” to set the network fee rate. Then click “SUBMIT ETCH”.

Step 4: Confirm the Transaction

After confirming your details, submit the etch request. You will need to sign the transaction and pay using Bitcoin from your payment address.

Etching a Rune may take 60-90 minutes. Once the Rune is etched, you will be able to see it in your Bitcoin Wallet.

The tutorial guides users through the steps of creating a Rune token using Luminex. It starts with filling in the token’s details, such as its name and max supply, and then proceeds to setting fees. Once etched, users can view the new Rune token in their wallet’s.