FAQs
Frequently Asked Questions on Token Creation
What is an SPL token?
SPL (Solana Program Library) tokens are the standard for creating fungible and non-fungible tokens on Solana, similar to ERC-20 on Ethereum. They ensure interoperability with Solana wallets, DEXs, and dApps.
Do I need coding skills to create a Solana token?
No. Our tools offer no-code solutions with complete control over your token at each step of the introduction of your token on the market (vesting contract, liquidity pool creation).
What wallets support Solana tokens?
Phantom and Solflare, are popular wallets for storing and managing SPL tokens.
Can I update my token after creation?
Yes, metadata (name, logo) can be updated if mint authority is retained. However, token supply and decimals are immutable.
How do I add liquidity for my token?
Use platforms like Raydium or Serum to create liquidity pools by pairing your token with SOL or USDC. This enables trading and price discovery.
What is 'mint authority'?
Mint authority controls token minting (creating new supply). It can be revoked to make the token supply fixed, enhancing security against inflation.
How do I make my token a meme coin?
Focus on community building, viral marketing, and social media engagement. Technical creation follows the same SPL token process.
What are 'Token Extensions' (Token-2022)?
Token Extensions enable advanced features like confidential transfers, transfer fees, or KYC-gated transactions. They require developer integration and are backward-incompatible with legacy dApps.
Can I create NFTs on Solana?
Yes. NFTs are SPL tokens with a supply of 1 and zero decimals. Metadata standards (like Metaplex) add uniqueness.
How long does token creation take?
Using no-code tools: under 60 seconds. Manual CLI methods take 5–10 minutes.
What is Proof of History (PoH)?
Solana's cryptographic clock that timestamps transactions, enabling high throughput (50,000 TPS) and low latency. It complements Proof-of-Stake consensus.
Why choose Solana over Ethereum for tokens?
Solana offers faster transactions (seconds vs. minutes), lower fees (¢0.001 vs. $1+), and scalability (50k vs. 30 TPS).
How do I distribute tokens via airdrop?
Use our airdrop tool to send tokens to multiple wallets simultaneously. Requires SOL for transaction fees.
What security audits are needed?
For custom smart contracts, third-party audits (e.g., Halborn, OtterSec) are recommended. No-code tools are pre-audited.
Can I burn tokens?
Yes. Burning reduces token supply by sending tokens to an unretrievable address, increasing scarcity.
What are 'Lamports'?
Lamports are the smallest fractional unit of SOL (1 SOL = 1 billion Lamports), used to measure transaction and storage costs.
Do validators impact token security?
Yes. Validators process transactions and secure the network via staking. Higher decentralization improves token security.
How do I list my token on exchanges?
Submit applications to centralized (e.g., Binance) or decentralized exchanges (e.g., Raydium). Requirements include liquidity, audits, and community size.
What is 'tokenomics' design?
Planning your token's utility, supply distribution, and economic model (e.g., deflationary burns, staking rewards). Crucial for long-term viability.