# Custom token

Custom token option is created for more experiensed creators, who have basic undestanding about liquidity pools and how tokens are working.

This option gives you control over token supply and other options like taxes, which are taken when token is traded and then can be used for several different purposes like providing yields for token holders, burning token making it hyperdeflatory, increasing LP size, etc.

Note that tax tokens are working only with Uniswap V2 protocol. Also, key thing for token to handle taxes correctly is to have liquidity pool where base token (WETH) paired with your token on one of the supported exchanges. This is required, because all buy\sell operations within tax system are done via this pool.

Unlike meme tokens, you are getting whole supply of the token and free to do whatever you want with it.&#x20;
