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>

  Copy after login

Distribute tokens:

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

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

  Copy after login

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!