Create a Reward Token
The Rewards Token on SolSale featuring automated distribution to token holders. Configure your reward settings - minimum tokens needed to earn rewards, tax percentage, how often rewards are sent, and maximum reward amount - and rewards are automatically distributed in SOL, USDC, or any custom token according to your preferences. No manual claiming required, no complex staking mechanisms needed.
How To Guide
To get started click on this link
2. Fill out the following token details:
Token Type: Choose from our three token types. For this guide make sure to have "Reward Token" selected.
Token Name: This is the name of the token you are creating. For example, Bitcoin, Ethereum, or your own unique name.
Token Symbol: This is the abbreviation or short form of your token name. It is often a few characters long, like BTC for Bitcoin or GEMS for GemPad.
Token Decimal: This is the maximum amount the token can be divided by. If the supply of your token will be 2 billion or less we recommend a token decimal of 9, if it is more than 2 billion we recommend a token decimal of 6.
Total Supply: This is the maximum number of tokens that will ever exist for your token. It can be any number, but it's usually in the millions or billions.
Total Tax: This is the total percentage charged on every transaction (including transfers). It is capped at 20%.
Fee Distribution Period (min): How frequently accumulated tax is automatically sent to your holder's wallets, measured in minutes. Minimum is 5 minutes, maximum is 300 minutes (5 hours).
Swap Max (Token Supply %): The maximum percentage of total token supply that will be swapped for SOL (or your selected token) in a single transaction. This prevents large sales that could negatively impact the token price. Default is 0.01%.
Mutable Authority: Check this box to allow the project owner to update the token's metadata (name, symbol, image, etc.) after creation.
Fee Authority: Check this box to allow the project owner to modify the transfer fee percentage after the token is created.
Minimum Token Balance (%): This is the minimum amount of tokens as a percentage, that your holders must hold before they can receive rewards.
Reward Token: This is the token that is sent to your holders, choose from SOL, USDC or even a custom token of your choosing.
3. Fill out the below details:
Logo URL: This is where the logo for your project goes. It must be a URL which you can get by uploaded your image on https://postimages.org/ (We recommend using the dimensions 100x100 for the logo, but it resizes, so it doesn’t have to be exact).
Upload your Logo here: This is where you can upload your logo as a file.
Optional
Generate Custom Vanity Address (+1 SOL): Tick this box if you would like to choose the last four characters of your token's address and the follow the steps below
In the Vanity Suffix box enter the digits you'd like your token's address to end
Click Generate
Make sure you have the correct characters in the Suffix box
The "Number of Threads" box is how much of the processing power of your device will be use, the default is the recommended number
Click "Generate"
Once you have clicked Generate the process will continue until it generates the address or you click stop
Your generated address will appear in this box
Once you are happy with it, continue with the Token Creation
Click "Create Token" and confirm the transaction. Then the contract address for your token will be shown on screen.
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