# Launching Board Coin for Newphis

### 1. Collect Creds that you relate to

* Go to [phi.box/discover/creds](https://phi.box/discover/creds)
* Collect **Creds** that resonate with you - Creds are pieces of art that mark onchain milestones like:
  * Performing 1000 swaps on Base
  * Owning a Farcaster account and many more!
* Once you have collected the Creds you like, its time to build your Phi Board.

### 2. Create Your Phi Board 🎨

Phi Boards are interactive collages of your C**reds** and NFTs that showcase your unique onchain journey.\
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Learn how to create your Phi Board:

[Creating Boards](/explore-phi/phi-board/creating-boards.md)

Boards aren’t just art, they’re your passport to Phi’s economy. Now its time to check that your Board is verified.

### 3. Ensure your Board is Verified ✅

Verification makes your Board official, discoverable, and more trusted. To have a verified Board, you just need to have minted all the Cred NFTs on your Board. If you used NFTs (not from Phi) on your Board then simple get verified by adding 1 minted Cred NFT to your board. \
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Here's how to verify your board: [Verified and Pinned Board](/explore-phi/phi-board/verified-and-pinned-board.md#verified-board)\
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Now its time to launch your Board Coin.

### 4. Launch Your Board Coin

Once your Board is live, you can launch your **Board Coin.** Each Board you create can have its own coin, but all your Board Coins are linked to your CreatorETH. CreatorETH is your personal ETH. So whenever someone purchases your Board Coin using ETH, it gets converted to your CreatorETH and deposited into AAVE or Morpho where it generates passive yield.\
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**Steps to Launch:**

1. From your Board page, click **Launch Board Coin**
2. A **30-minute fair launch window** opens → no one can sell during this period (only buy)
3. After launch, your Board Coin is tradable and earns for you automatically.

### 5. How You Earn with Phi

There are **3 main earning streams** with your Board Coin:

#### ① Yield Rewards

* Every 8 hours, Board Coins generate **passive income**.
* Powered by **CreatorETH** (yield-generating ETH from AAVE and Morpho).
* The **higher your market cap**, the more revenue you earn.

#### ② Trading Fees

* You earn every time someone buys/sells your Board Coin.

#### ③ Referral Rewards

* Share your **Board link to earn refferal rewards**
* Every time someone mints or trades through your link, you earn a cut of the fees.

For a detailed example on how rewards work, you can read: [ELI5: How Publiphi Works](/explore-phi/phi-board/eli5-how-publiphi-works.md)\ <br>


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