# Creating a BSKT

The BSKT Lab is where you create new tokenized investment portfolios. Any wallet can create a BSKT. There are no applications, approvals, or minimum track records required.

## Overview

Creating a BSKT is a three-step process:

1. **Compose:** Select tokens and assign allocation weights
2. **Design:** Name your BSKT, choose a ticker, and add branding
3. **Fund:** Deposit the initial capital to deploy the basket on-chain

Once deployed, you become the BSKT's manager with full control over its allocation strategy.

## Requirements

* A Web3 wallet connected to the Ethereum network
* Minimum 0.1 ETH to seed the basket
* Additional ETH for Ethereum gas fees

## What Happens When You Create a BSKT

When you deploy a BSKT:

1. Your ETH is converted into the tokens you selected, according to your specified weights
2. A new BSKT smart contract is created on Ethereum
3. You receive **LP tokens** representing your initial investment (your personal capital)
4. You receive the **management NFT**, granting you manager rights over the basket
5. Your BSKT appears on the Explore page and Leaderboard

## Important Notes

* The manager can only rebalance the basket's allocation. They cannot withdraw other investors' funds.
* Your initial ETH is used to purchase the underlying tokens according to your allocation weights. LP tokens are minted to represent your contribution — this is your personal investment in the basket, not a fee.
* A creation fee (percentage of the initial deposit) applies and is defined by the protocol.
* On Ethereum, every BSKT must currently include a minimum ALVA allocation (see [Composing Your Allocation](https://docs.alvara.xyz/bskt-lab/composing-your-allocation)). This requirement is changing with the upcoming Base deployment.

## Draft Saving

If you start the creation process but don't complete it, your progress is automatically saved as a draft in your browser. You can resume where you left off within 24 hours.

See the following pages for detailed guidance on each step:

* [Composing Your Allocation](https://docs.alvara.xyz/bskt-lab/composing-your-allocation)
* [Designing Your BSKT](https://docs.alvara.xyz/bskt-lab/designing-your-bskt)
* [Funding & Deployment](https://docs.alvara.xyz/bskt-lab/funding-and-deployment)