How to Launch Your Own Token on Solana (SPL) | BPAYNEWS Learn

How to Launch Your Own Token on Solana

Solana’s SPL standard makes it fast and cheap to create tokens. This tutorial covers minting, decimals, metadata, and how to prepare your token for trading.

Prerequisites

• Phantom wallet with some SOL for fees.
• Basic understanding of token supply and decimals.

Mint Your SPL Token

1. Create mint: Define decimals (often 6 or 9) and the mint authority.
2. Initialize accounts: Create an associated token account (ATA) to hold tokens.
3. Mint supply: Decide initial supply and mint to your ATA.
4. Set freeze/authority: Optionally revoke authorities for trust.

Metadata & Presentation

• Set name, symbol, and upload a hosted logo.
• Publish a concise, honest description and website/docs.

Listing on a DEX

1. Create a liquidity pool against SOL or a stablecoin.
2. Seed initial liquidity; announce the pair address.
3. Monitor price, slippage, and adjust liquidity if needed.

Compliance & Trust

• Be transparent about supply, vesting, and liquidity lock.
• Get audits for contracts and keep communications open.

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Written by BPAYNEWS Learn | Category: Build / How-To