# Solana Dividend Token Creation Tutorial

No need to write code to easily create Solana tokens that meet the Dividend Token standard. Customize marketing fee to meet the needs of more diverse projects and enjoy a more flexible market strategy customization.

## Preparations

1. Prepare equipment, a computer or mobile phone
2. Install the Phantom wallet plug-in and follow the installation tutorial ([Phantom Wallet Installation Tutorial](https://docs.gtokentool.com/en/solana/phantom-wallet-installation-tutorial))
3. Prepare at least 0.13 SOL in your wallet
4. Coin issuance logo and related information

## Solana Dividend Token Creation Steps

### 1. Connect Phantom wallet.

Open the Solana token creation link address: <https://sol.gtokentool.com/Token/createToken>. Switch the upper right corner to English, click "`Connect`" to Connect Wallet, and select <mark style="color:purple;">Main</mark> node. Here is a demonstration using the test network.

<figure><img src="/files/SwEuZ2dwkFSPvpW8nJ6i" alt=""><figcaption><p>connect wallet &#x26; select network</p></figcaption></figure>

### 2. Fill in the token info.

After completing the wallet connection, first select the token mode. Next, fill in the token information as follows:

<figure><img src="/files/vNYN5mHgNx7BvTPwahdy" alt=""><figcaption><p>fill in the token info</p></figcaption></figure>

**Name**: The name of the token (such as GTEST3), which supports English, Chinese, and a mixture of Chinese and English, with a maximum of 32 characters.

**Symbol**: The abbreviation of the coin (such as GT3), which supports English, Chinese, and a mixture of Chinese and English, with a maximum of 10 characters.

**Decimals**: The number of digits of precision for coin issuance. The default value is 9. The precision is related to the maximum total supply you can fill in.

**Supply**: The total supply of issued coins. When the precision is 9, the total supply cannot exceed 10 billion; when the precision is 8, the total supply cannot exceed 100 billion, and so on.

**Description(Optional)**:  Fill in your token description.

**Logo**: Solana’s coin avatar, which can be displayed in the wallet as a logo token image (The maximum size of the uploaded image is no more than 2M).

<figure><img src="/files/FRd26a9wX9zL7nxrBgNp" alt=""><figcaption><p>set up transfer fee</p></figcaption></figure>

**Invitation Code:** Enter the invitation code.&#x20;

**Marketing Fee**: The marketing fee rate required for each transaction or transfer, in percentage.

**Maximum Fee**: The upper limit of the maximum marketing fee for a single transfer or transaction.

**Ownership Address**: All permissions to control this token. By default, it is the wallet address currently linked.

### 3. Add optional content

If you want to add social links, etc., you can click the optional content button to expand the optional content module.

<figure><img src="/files/9hWCkHwQTShCxY73rnvZ" alt=""><figcaption><p>add optional content</p></figcaption></figure>

**Official website**: Official website link address.

**Telegram**: Telegram link address.

**Twitter**: Twitter link address.

**Discord**: Discord link address.

### 4. Advanced Settings

{% hint style="warning" %}
**Tip**: If you don't understand the advanced settings, do not enter or modify.
{% endhint %}

<figure><img src="/files/hhsTYgb0QfZ5yPUYC4gi" alt=""><figcaption><p>advanced settings</p></figcaption></figure>

**Permanent Delegate**: Delegate your token permissions to another address. That address will be able to burn or transfer any amount of tokens.

**Interest Bearing**: Set an interest rate for your token to mimic real-world assets like bonds and earn interest at any time. Marketing fees need to be set first.

**Non-transferable (soul-bound tokens)**: Off by default. Makes tokens non-transferable to other addresses. Usually suitable for projects of types like unique achievements.

### 5. Advanced Options

**Vanity Contract**: If you want to customize the token contract, use the vanity contract to create the token.

<figure><img src="/files/Bibar3HiYwyLl81q7F9Q" alt=""><figcaption><p>generate vanity contract</p></figcaption></figure>

**Revoke Update**:  Revoking update authority means you will not be able to modify the token metadata. It indeed makes investors feel more secure.

**Revoke Freeze**: Revoking freeze authority removes control over specific account actions. GTokenTool supports markets for tokens with this authority retained.

**Revoke Mint**:  Revoking minting authority is essential for investor security and token success, preventing further token supply.

<figure><img src="/files/UBVg9akwH5l5ZBHvUFb8" alt=""><figcaption><p>authorities settings</p></figcaption></figure>

### 6. Click "Confirm" to create token

After confirming the information, click the "`Confirm`" button. Then a wallet prompt will pop up. Click "`Confirm`" to pay the fee to complete the creation.

<figure><img src="/files/gQU3CGkdpN7ozxOxUMIV" alt="" width="391"><figcaption><p>confirm transaction</p></figcaption></figure>

### 7. View token address

After successful creation, a prompt box will pop up to indicate successful creation and display your withdrawal wallet address and token address.

<figure><img src="/files/tSla9afFM1GeMfoT8qe1" alt=""><figcaption><p>withdrawal wallet private key</p></figcaption></figure>

<figure><img src="/files/vHjWwxR6tUpvijOhlVBY" alt=""><figcaption><p>token created successfully</p></figcaption></figure>

After closing the prompt box, you can go to the `Management` to check the Dividend TokenList, where you can further manage the token you created. Or directly enter the token address in the search box above to search.

<figure><img src="/files/arRV8FdUNIyYSNFDTRU4" alt=""><figcaption><p>token list</p></figcaption></figure>

<figure><img src="/files/ykIHoJd8YL8aXV94gFNw" alt=""><figcaption><p>search results</p></figcaption></figure>

You can check token information in SOL Blockchain Explorer (<https://solscan.io>).

<figure><img src="/files/mEyvik4rW0ZNxJJATPZh" alt=""><figcaption><p>token info</p></figcaption></figure>

***

## ❓FAQ

### Q: Does issuing coins on Solana require open sourcing of contracts?

**A:** No. The tokens on Solana are accounts created through officially released contracts, and all SPL tokens use the same contract.

### Q: Why does the wallet display unknown tokens/no logo after the token is issued?

**A:** Phantom wallet sometimes has information delays, and it takes a while to display information such as logo and token name. You can search for token information on the Solana browser to view it.

### Q: Is there any charge for uploading a logo?

**A:** No, the platform uses the IPFS storage solution and uploading is free.

***

### 🤝 Connect with GTokenTool <a href="#connect-with-gtokentool" id="connect-with-gtokentool"></a>

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* 📺 **Video Tutorials:** [Subscribe to our YouTube Channel](https://www.youtube.com/@GTokenTool)

> ⚠️ **Risk Warning & Disclaimer**
>
> GTokenTool reserves the right to modify this notice without prior notice. All platform information is for reference only. We do not endorse any virtual assets or activities. Virtual assets are highly volatile and carry significant financial risk. Please invest with caution and conduct your own due diligence.


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