SOL Rewards Token
Last updated
Last updated
Start by configuring the basic properties of your token:
Ensure your wallet is authenticated (you'll see a green "Wallet Authenticated" message)
Enter your token details:
Token Name (e.g., "Test2")
Symbol (e.g., "TEST")
Decimals (typically 6-9, e.g., 9)
Supply (e.g., 21,000,000)
Configure tax settings:
Transfer Fee % (e.g., 10%)
Maximum Fee (can leave blank for auto-calculation)
Set up fee authorities:
Transfer Fee Config Authority (pre-filled with our Address)
Fee Withdraw Authority (Addresses is linked to our Cron Servers,you cannot have Private key)
Note the deployment cost (base cost: 0.1 SOL + gas fee)
Click "Create Token" to proceed
Enhance your token with additional information and settings:
Verify your token information:
Token Name and Symbol should match what you set in Step 1
Note your Mint Address (save this for future reference)
Add a description (e.g., "Just a test")
Upload a logo image
Configure authority settings:
Revoke Freeze (+0.1 SOL): Prevents freezing token accounts
Revoke Mint (+0.1 SOL): Makes token supply fixed
Optional: Add social links
Click "Add Metadata & Apply Authority Settings"
Set up how transaction fees will be distributed:
Verify your token address and transaction fee settings
Configure tax distribution: (Total Should be 100)
Rewards % (e.g., 20%): Percentage going to token holders
Developer % (e.g., 20%, max 50%): Percentage going to development
Enter the developer tax wallet address (Solana wallet)
Select rewards distribution timeframe (e.g., 24 Hours)
Click "Next" to proceed
Finalize your token and set up the liquidity pool:
Verify all token information:
Mint Address
Token Name and Symbol
Total Supply
Transaction Fee
Developer Tax percentage
Withdraw Authority and Dev TAX address
Metadata URL
Create a CPMM liquidity pool on Raydium by clicking "Create Pool"
Enter the pool address once created
Make sure everything is properly configured before saving
Click "Save" to complete the token setup
After setting up your token, you need to add liquidity:
Connect your Solana wallet containing your token
Click on "Liquidity" in the left menu
Click "Add Liquidity"
Select your token from the dropdown or paste the token address
Select the paired token (typically SOL or USDC)
Enter the amount of each token you want to add to the pool
Review the pool parameters and confirm the transaction
Your liquidity pool is now active, and your LP tokens will appear in your portfolio
To increase token value and reduce circulating supply:
Connect the Solana wallet that has the LP tokens to burn
Activate the Lite->Pro button in the bottom left corner
When the new screen opens, click on the LP column (fifth option)
Select the Raydium button
Choose the Liquidity Pool Solana token
Click on "Confirm Burns" to permanently remove these tokens from circulation
Locking liquidity demonstrates commitment to your project:
Visit Streamflow's LP locking platform
Connect your Solana wallet containing the LP tokens
Select the LP tokens you want to lock
Choose the lock duration (longer periods build more trust)
Review and confirm the lock transaction
Once confirmed, your LP tokens will be locked for the specified period
You'll receive a confirmation with details about the lock
For a detailed visual guide on Streamflow locking, refer to this tutorial: https://www.youtube.com/watch?v=M2_53hXoq3I
Following these steps will help you successfully launch your tax token with proper liquidity and security measures in place. Remember that each step is crucial for ensuring your token's functionality and building trust with your community.