Announce Your Token
Before your token can exist on Spark, it needs to be announced on Bitcoin L1 — publicly and immutably.
To do this, you broadcast a transaction embedding your token’s identifier and metadata in an OP_RETURN output, a special field in Bitcoin transactions that lets you attach arbitrary data. Learn more about OP_RETURN.
This is a one-time commitment. Once the transaction is mined, your LRC-20 token is locked in — name, supply, decimals, and any additional settings become part of Bitcoin’s canonical history. It’s like etching the blueprint into stone — once it’s set, there’s no going back.
What you keed to know
- Each Issuer Wallet can only issue one token
- Bitcoin network fees are required for the announcement
- Confirmation typically takes 1–2 blocks (~10–20 minutes)
- Token metadata is permanent after announcement
- Save the announcement transaction ID so you can refer to it later
Prerequisites
- You have already initialized your wallet
Step 1: Get Your L1 Wallet Address
Once your wallet is initialized, retrieve its Bitcoin L1 address. This is where you’ll send funds to cover the announcement transaction fee.
Step 2: Fund Your L1 Wallet
Send a small amount of BTC to the address above - around $3-5 worth is plenty. This will be used to pay the network fee for your token announcement and should take about >10 minutes to confirm.
If you’re testing on Lightspark regtest, use our faucet:.
- Username:
hackathon
- Password:
MakeBitcoinMoneyAgain
Step 3: Broadcast the L1 Announcement Transaction
You’re now ready to announce your token on Bitcoin L1.
Parameters
The announceTokenL1()
function accepts the following metadata:
Parameter | Type | Description |
---|---|---|
tokenName | string | Human-readable token name (e.g., “USD Coin”) |
tokenTicker | string | Token symbol (e.g., “USDC”) |
decimals | number | Number of decimal places (e.g., 6 for USDC, 8 for BTC) |
maxSupply | bigint | Maximum token supply in base units. Set to 0n for unlimited supply |
isFreezeable | boolean | Whether the token can be frozen after issuance |
Returns
Examples
Creating an Unlimited Supply Token
Creating a Fixed Supply Token
Next Steps
Once your token is created, you can mint some tokens.