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Token Creation Guide

Everything you need to know about creating tokens on Solana

Introduction

Creating a token on Solana is a significant step in launching your project. Whether you're building a community token, launching a DeFi project, or creating a utility token, this comprehensive guide will help you make informed decisions throughout the process.

With Mintora's token creator, you can launch your token in minutes while ensuring all security best practices are followed. This guide covers everything from basic concepts to advanced configurations.

Prerequisites

Essential Requirements

  • Solana Wallet

    Install a supported wallet like Phantom or Solflare. Ensure it's properly set up with a secure passphrase.

  • SOL Balance

    Minimum 0.5 SOL recommended for:

    • Token creation fee
    • Metadata storage
    • Authority management transactions
  • Token Planning

    Prepare your token details:

    • Unique name and symbol
    • Total supply strategy
    • Decimal places (typically 6-9)
    • Authority structure

Token Parameters Deep Dive

Supply Configuration

Fixed Supply

Best for:

  • Deflationary tokens
  • Limited edition assets
  • Governance tokens

Flexible Supply

Suitable for:

  • Reward systems
  • Growing ecosystems
  • Dynamic tokenomics

Decimal Places Guide

Common decimal configurations:

9 Decimals

Standard for most tokens

Example: 1.000000000

6 Decimals

Common for stablecoins

Example: 1.000000

2 Decimals

For certain financial tokens

Example: 1.00

0 Decimals

For whole unit tokens/NFTs

Example: 1

Authority Management

Mint Authority

Controls the ability to create new tokens

  • Keep for flexible supply
  • Revoke for fixed supply
  • Transfer to governance

Freeze Authority

Controls account freezing

  • Useful for compliance
  • Emergency controls
  • Consider community trust

⚠️ Authority decisions are permanent once revoked!

Token Metadata

Well-structured metadata is crucial for your token's visibility and credibility. Here's what you need to know about setting up your token's metadata.

Required Metadata

  • Token Name
  • Symbol (Ticker)
  • Decimals
  • Total Supply

Optional Metadata

  • Token Logo/Image
  • Description
  • Website URL
  • Social Links

Best Practices

  • Use high-quality images (recommended: 200x200px)
  • Write clear, concise descriptions
  • Keep metadata up to date
  • Include relevant contact information

Step-by-Step Creation Process

  1. 1. Wallet Connection

    • Click "Connect Wallet" in the top-right

    • Select your preferred wallet

    • Approve the connection request

    💡 Ensure your wallet is on Solana mainnet

  2. 2. Basic Information

    • Enter token name (e.g., "My Token")

    • Choose symbol (3-5 characters)

    • Set decimals (usually 9)

    • Enter total supply

    💡 Use clear, memorable names

  3. 3. Token Metadata

    • Upload token image (optional)

    • Add description

    • Include external links

    💡 Quality metadata increases credibility

  4. 4. Authority Settings

    • Configure mint authority

    • Set freeze authority

    • Choose authority addresses

    ⚠️ Consider these decisions carefully

  5. 5. Review & Create

    • Review all parameters

    • Confirm transaction fee

    • Sign creation transaction

    🔍 Double-check everything!

After Creation

Immediate Actions

  • Verify on Solana Explorer
  • Test token transfers
  • Document token address
  • Back up all information

Next Steps

  • Set up social channels
  • Create documentation
  • Plan token distribution
  • Consider marketing

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