How to create new tokens on solana chain

The steps to create a token on the Solana chain include: obtaining a Solana wallet, creating an account, obtaining SOL, using the Anchor Framework, creating a project, defining a token program, deploying a program, creating a Token, minting tokens, and distributing tokens. The specific steps are: Get a Solana wallet (Phantom or Solflare). Create or import a Solana account. Get testnet SOL. Install Anchor Framework. Create a new Anchor project. Define the token program. Deployment program. Create Token. Mint tokens. Distribute tokens.

Creating new tokens on the Solana chain

Steps:

1. Get Solana wallet: Install a Solana-compatible wallet such as Phantom or Solflare.
2. Create an account: Create or import a Solana account in your wallet.
3. Get testnet SOLs: For testing purposes, get some SOLs from the Solana testnet faucet.
4. Using Anchor Framework: Install Anchor Framework, a toolkit for building Solana programs.
5. Create project: Use anchor init to create a new Anchor project.
6. Define the token program: Define the token program in programs/my_token/src/lib.rs.
7. Deployment program: Use anchor build and anchor deploy to deploy the program.
8. Create Token: Use anchor new to create a Token instance.
9. Minting Tokens: Mint tokens using the approve and transfer functions.
10. Allocate tokens: Allocate tokens to other accounts.

Detailed steps:

Get Solana wallet:

• Download and install Phantom or Solflare wallet .
• Create or import a Solana account.

Create project:

• Install Anchor Framework: cargo install --git https://github.com/project-serum /anchor anchor-cli.
• Create a new Anchor project: anchor init my_token.

Define the token program:

• Add the following code in programs/my_token/src/lib.rs:

#[program]
pub mod my_token {
    use anchor_lang::prelude::*;

    #[state]
    #[derive(Accounts)]
    pub struct CreateToken {
        #[account(init, payer = authority, space = 8 + 96)]
        pub token: AccountInfo,
        #[account(mut)]
        pub authority: Signer,
        pub system_program: Program,
        pub token_program: Program,
    }

    impl CreateToken {
        pub fn new(ctx: Context<self>, name: String, symbol: String, amount: u64) -> Result {
            let token_account = &mut ctx.accounts.token;
            let authority = &ctx.accounts.authority;
            let token_program = &ctx.accounts.token_program;

            let create_token_ix = anchor_lang::solana_program::system_instruction::create_account(
                &authority.key(),
                &token_account.key(),
                ctx.accounts.system_program.key(),
                &token_program.key(),
                8 + 96,
            );

            let init_token_ix = anchor_lang::solana_program::token::instruction::initialize_mint(
                &token_program.key(),
                &token_account.key(),
                &authority.key(),
                None,
                0,
            );

            let mint_ix = anchor_lang::solana_program::token::instruction::mint_to(
                &token_program.key(),
                &token_account.key(),
                &authority.key(),
                None,
                amount
            );

            anchor_lang::solana_program::program::invoke(
                &token_program.to_account_info(),
                &[
                    create_token_ix,
                    init_token_ix,
                    mint_ix,
                ],
                &[
                    authority.to_account_info(),
                    token_account.to_account_info(),
                    token_program.to_account_info(),
                    system_program.to_account_info()
                ],
            )?;

            Ok(())
        }
    }
}</self>

Deployment program:

• Build program: anchor build.
• Deployment program: anchor deploy.

Create Token:

• Use anchor new to create a Token instance: anchor new my_token.

Minting Tokens:

• Use the approve and transfer functions to mint tokens Coin:

  anchor approve my_token --amount 100
  anchor transfer my_token --amount 10 --recipient <recipient_address></recipient_address>

Distribute tokens:

• Use the transfer function to distribute the tokens To other accounts:

  anchor transfer my_token --amount 10 --recipient <recipient_address></recipient_address>

The above is the detailed content of How to create new tokens on solana chain. For more information, please follow other related articles on the PHP Chinese website!