HOW TO CREATE A TOKEN ON SOLANA
Solana, with its high throughput and low fees, has emerged as a popular blockchain for token creation. In this guide, we’ll walk you through the process of creating and deploying your own token on the Solana network for just 0.06 SOL using the OpenbookDex web Tool.
Step 1: Access OpenbookDex To begin, head to https://deploy.openbookdex.org/create/spl. This is the portal where you’ll initiate the token creation process.
Step 2: Fill Out Token Information Once on the platform, you’ll be prompted to fill out essential token information:
- Token Name: Choose a name for your token.
- Symbol: Select a unique symbol for your token (maximum 10 characters).
- Description: Optionally, provide a brief description of your token.
- Decimals: Define the number of decimal places your token will have.
- Supply: Specify the total supply of your token.
- Extensions: Optionally, provide links to your token’s Telegram, website, Twitter, and Discord channels.
- Upload Token Logo: Upload an image for your token.
Additionally, you’ll have the option to include extra features like Mint Revoke, Freeze Authority, and Metadata Lock for an additional fee of 0.025 SOL each.
Step 3: Review Token Details Before proceeding, review all the information you’ve provided to ensure accuracy. Once confirmed, proceed to the next step.
Step 4: Sign Transaction Click on the “CREATE TOKEN” button to sign the transaction. This will initiate the process of deploying your token on the Solana network.
Step 5: Wait for Confirmation After signing the transaction, you’ll need to wait for confirmation. The time taken for confirmation may vary depending on network congestion.
Step 6: Token Deployment Complete Once confirmed, congratulations! Your token has been successfully deployed on the Solana network and you can view it in your wallet.
Conclusion
Creating and deploying tokens on the Solana network has never been easier thanks to platforms like OpenbookDex. By following the simple steps outlined in this guide, you can bring your token ideas to life and use your token for various purposes such as listing token on popular Dexes like Raydium and Orca.
