If you want to issue your own token on the Solana chain, but you don’t understand code, contracts and other related issues, then you can read this article. It only takes 5 minutes from issuing coins to listing!

1. Master the basic theory

In the Solana network, the creation of tokens relies on the SPL (Solana Program Library) protocol. Similar to Ethereum's ERC-20 tokens, SPL represents a token form with unified standards and interoperability within the Solana ecosystem.

Solana supports two main types of tokens:

1. SPL Standard Token: This is a general-purpose token that can be used for a variety of functions such as payment, contract execution, value transfer, and system governance. It follows the SPL standard, ensuring the wide applicability and interoperability of the token within the Solana ecosystem.

2.Solana Token-2022 (Tax Token): Based on the SPL standard token, specific functions are added, such as transfer fees, allowing developers to introduce tax mechanisms for token transactions.

2. Preparation

Before creating a token, there are several key factors that need to be in place:

Name and Symbol: Choosing a name and symbol that is relevant to your project, unique, and easy to remember is key to your marketing strategy.

Description: A concise and clear introduction to the concept behind the token, outlining its purpose and features.

Decimal places (precision): Select an appropriate value between 0 and 9, depending on project requirements.

Total Supply: Determines the total supply of tokens, which is related to the economic structure and scarcity of tokens.

Token LOGO: jpg or png below 100kb, 256*256 square logo is recommended

Creating a token using FoxToolcc

Now, let's start using FoxToolcc to create your token:

1. Open FoxToolcc’s dApp webpage address: https://www.foxtool.cc/create

2. Connect your wallet to use the software.

3. Enter your token name and symbol.

4. Select the number of decimal places for the token, usually 6 decimal places.

5. Set the total supply.

6. Upload an image of your token (in PNG format).

7. Write a description of the token.

8. Optional: Add social links to increase the credibility of your token.

9. Click “Create Token” and confirm the transaction.

Congratulations! Your token has been successfully created. Your wallet will become the authoritative wallet for this token, and you can access it at any time and view the total supply of your token. Using the Solscan search engine, you can also find more information about your token.

at last

By using FoxToolcc, you can easily create custom tokens on the Solana network without in-depth programming knowledge. After creating the token, creating an OpenBook Market ID, adding liquidity to the decentralized exchange, market value management (one-click pull, one-click dump) and other functions can all be completed in the above dApp.