Token Creation Guide

Date: 2025-01-12 Audience: Token creators ready to launch Reading Time: 15 minutes

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Complete Token Creation Walkthrough

This guide covers every option in the MintCraft token creation form, explaining what each setting does and when to use it.

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Table of Contents

1. Basic Token Information
2. Supply & Decimals
3. Transfer Fee Configuration
4. Pool Configuration
5. Reflection Mode Selection
6. Jackpot Lottery
7. Auto-LP & Burn
8. Advanced Settings
9. Review & Launch
10. After Creation

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Basic Token Information

Token Name

What it is: The full name of your token

Examples:

• ✅ "Bitty Token"
• ✅ "Community Rewards Token"
• ✅ "Doge Killer 2.0"
• ❌ "BTT" (too short, use symbol for this)

Best Practices:

• Use 2-4 words
• Make it memorable and unique
• Avoid numbers/special characters unless meaningful
• Can be changed later via metadata update

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Symbol (Ticker)

What it is: The short abbreviation shown in wallets and exchanges

Examples:

• ✅ "BITTY" (5 letters)
• ✅ "CRT" (3 letters)
• ✅ "DK2" (3 letters with number)
• ❌ "COMMUNITYRE" (too long)

Best Practices:

• 3-5 characters recommended
• All uppercase convention
• Make it easy to remember
• Check if similar symbols exist on Solana

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Description

What it is: Explanation of what your token represents

Example:

The official token of the Bitty ecosystem,
designed to reward long-term holders through
automated reflections and weekly jackpot drawings.

Best Practices:

• 1-3 sentences
• Explain the purpose/use case
• Mention key features
• Keep it professional

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Token Image

What it is: Logo/icon displayed in wallets and explorers

Technical Requirements:

• Format: PNG, JPG, or GIF
• Size: 512x512 pixels (recommended)
• Max file size: 5MB
• Transparent background recommended for PNG

Design Tips:

• Keep it simple and recognizable
• Works well at small sizes (32x32)
• High contrast colors
• Avoid text (use imagery instead)

Where to create:

• Canva (easiest for beginners)
• Figma (more advanced)
• Hire designer on Fiverr

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Supply & Decimals

Initial Supply

What it is: Total number of tokens created

Common Supply Amounts:

Amount	Use Case	Example
1 Million	Premium/scarce tokens	$SOL, $BTC
100 Million	Mid-tier projects	Many DeFi tokens
1 Billion	Memecoins	$BONK, $WIF
1 Trillion	Ultra-memecoins	$SHIB, $PEPE

Calculation:

Price per token = Market Cap / Total Supply

Example:
- Supply: 1,000,000,000 (1 billion)
- Market Cap goal: $1,000,000
- Price: $0.001 per token

Important Notes:

• Supply is fixed (unless you keep mint authority)
• Higher supply = lower price per token
• Psychological pricing matters ($0.001 vs $1.00)
• Can enable burn to reduce supply over time

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Decimals

What it is: How many decimal places your token can be divided into

Standard Values:

• 9 decimals: Solana standard (recommended)
• 6 decimals: USDC/USDT standard
• 2 decimals: Fiat currency style
• 0 decimals: Whole numbers only (NFTs)

How Decimals Work:

With 9 decimals:
- 1 token = 1,000,000,000 base units
- 0.000000001 is the smallest amount

With 2 decimals:
- 1 token = 100 base units
- 0.01 is the smallest amount

⚠️ Important: Cannot be changed after creation!

Recommendation: Use 9 decimals (Solana standard) unless you have a specific reason otherwise.

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Transfer Fee Configuration

Enable Transfer Fee

What it is: Collect a percentage fee on every token transfer

How It Works:

Alice sends 100 tokens to Bob
- Transfer fee: 2.5%
- Bob receives: 97.5 tokens
- Fee collected: 2.5 tokens → treasuries

Fee Distribution (automatic):

Pool Fee → 20% Meteora + 80% LP Providers
LP Split → 31% Platform (locked) + 69% Creator (locked)
Creator Share → 0.25%-1.00% direct (tier-based) + vault

Sniper fees above 3% → 100% to The Foundry
The Foundry → 90% community + 10% platform

See The Foundry for how to earn from sniper fees.

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Transfer Fee Percentage

What it is: Percentage deducted from each transfer

Recommended Ranges:

Percentage	Use Case	Impact
0.1% - 1%	Low friction trading	Minimal impact
2% - 3%	Standard tokenomics	Moderate rewards
5% - 7%	High rewards	Discourages trading
10%+	Reflection-focused	Very sticky

Popular Settings:

• 2.5%: Balanced (most common)
• 3%: Slightly higher rewards
• 5%: Reflection/jackpot focus

Considerations:

• Higher fees = more rewards but less trading
• Lower fees = more liquidity but smaller rewards
• DEX fees stack on top (Meteora: 0.25% - 1%)

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Maximum Fee Per Transaction

What it is: Cap on how much can be collected in a single transfer

Why Use It:

• Protects large holders from massive fees
• Encourages bigger transactions
• Makes your token more appealing

Example:

Without max fee (2.5%):
- Transfer 1M tokens → 25,000 fee
- Transfer 10M tokens → 250,000 fee

With max fee 50,000 tokens:
- Transfer 1M tokens → 25,000 fee
- Transfer 10M tokens → 50,000 fee (capped)

Recommendation: Set to 0.5% - 1% of total supply

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Pool Configuration

Pool Type Preset

What it is: Pre-configured settings optimized for different launch types

Three Presets:

1. Memecoin Launch 🐸

Best for: Hype-driven tokens, community memecoins

• Sniper Protection: MAXIMUM
• Initial Fee: 46.5%
• Final Fee: 0.25%
• Decay Time: 120 minutes (2 hours)
• Decay Type: Exponential
• Dynamic Fee: +20% volatility adjustment

Why Choose This:

• Maximum protection against bots
• Early buyers must hold 2+ hours to profit
• Community gets better prices after decay
• Best for viral/hype launches

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2. Community Token 🤝

Best for: DAO tokens, social tokens, utility tokens

• Sniper Protection: HIGH
• Initial Fee: 25%
• Final Fee: 0.5%
• Decay Time: 60 minutes (1 hour)
• Decay Type: Exponential
• Dynamic Fee: +20% volatility adjustment

Why Choose This:

• Good sniper protection
• Faster decay for quicker trading
• Balanced between protection and liquidity
• Best for community-driven projects

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3. Utility Token ⚙️

Best for: DeFi tokens, stablecoins, payment tokens

• Sniper Protection: MEDIUM
• Initial Fee: 0.75%
• Final Fee: 0.75% (fixed)
• Decay Time: N/A (no decay)
• Decay Type: N/A
• Dynamic Fee: +20% volatility adjustment

Why Choose This:

• Low, consistent fees
• Designed for frequent trading
• No decay needed (not a launch token)
• Best for established utility tokens

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Understanding Anti-Sniper Protection

What Are Snipers?

• Bots that buy tokens the instant a pool goes live
• They front-run regular users
• Often dump immediately for quick profit
• Can ruin a launch

How Protection Works:

T=0 (Launch):     Up to 99% fee → Sniper pays massive tax
T=30 min:         Fee decaying → Still expensive for quick flips
T=60 min:         Fee decaying → Reasonable for traders
T=120 min:        3% base fee → Normal trading resumes

Sniper Fee is Creator Configurable (1%-99%):

• You choose how aggressive the protection is
• Higher fee = more protection but slower initial trading
• Fee decays to 3% base over ~2 hours (configurable)

Where Do Sniper Fees Go?

• Base 3% → Normal LP split (you + platform)
• Everything above 3% → 100% to The Foundry
• The Foundry distributes 90% to community (Foundry Key holders + MINT-AU stakers)
• Bots literally fund the community. See The Foundry for details.

Dynamic Fee Bonus:

• During high volatility: +20% added to current fee
• Protects against pump-and-dump
• Auto-adjusts based on price movement

Market Cap Scaling (after sniper period):

Market Cap	Pool Fee
$0 - $1M	3.00%
$1M - $10M	2.00%
$10M - $100M	1.50%
$100M - $1B	1.00%
$1B+	0.25%

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Quote Token

What it is: The currency paired with your token in the pool

Options:

• SOL: Native Solana (recommended)
• USDC: USD stablecoin (for stable pairs)

Which to Choose:

SOL (Recommended):

• ✅ More liquid (everyone has SOL)
• ✅ Native to Solana (no wrapped tokens)
• ✅ Better for memecoins/community tokens
• ❌ Price volatility affects your token price

USDC:

• ✅ Stable USD value
• ✅ Good for utility tokens
• ✅ Easier pricing ($1 = $1)
• ❌ Less liquidity for small caps

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Desired SOL Liquidity

What it is: Amount of SOL you're adding to the liquidity pool

How It Affects Price:

Formula: Price = SOL Amount / Token Amount

Example 1:
- 0.3 SOL + 1,000,000 tokens
- Price: 0.0000003 SOL per token ($0.000023 at $78/SOL)

Example 2:
- 3.0 SOL + 1,000,000 tokens
- Price: 0.000003 SOL per token ($0.00023 at $78/SOL)

Recommendations:

Token Type	SOL Liquidity	Reasoning
Test Token	0.1 - 0.3 SOL	Minimal cost
Memecoin	1 - 5 SOL	Good starting liquidity
Community	5 - 20 SOL	Solid foundation
Serious Project	20+ SOL	Professional launch

Important:

• More SOL = Higher starting price
• More SOL = Less slippage
• More SOL = More credibility

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Reflection Mode Selection

Transparent Reflections

What it is: Automatic hourly token transfers to all holders

How It Works:

• Keeper bot runs every hour
• Calculates each holder's share
• Sends tokens directly to wallets
• All transactions visible on-chain

Pros:

• ✅ Fully automatic (holders do nothing)
• ✅ Real-time visibility
• ✅ Immediate liquidity (can sell right away)
• ✅ Great for tax reporting (clear transaction history)

Cons:

• ❌ High cost (~$19.50 per 1,000 holders per day)
• ❌ Not suitable for large holder bases
• ❌ All holder addresses public
• ❌ Whale holdings fully visible

Best For:

• Small holder bases (<100 holders)
• High-value tokens (where cost is negligible)
• Regulatory-compliant projects
• Tokens requiring full transparency

Cost Example:

100 holders:   $1.95/day = $58.50/month
1,000 holders: $19.50/day = $585/month
10,000 holders: $195/day = $5,850/month

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Stealth Reflections

What it is: Privacy-enhanced claims using merkle tree proofs

How It Works:

• Merkle tree generated weekly off-chain
• Root hash stored on-chain (tiny cost)
• Holders claim rewards manually
• Batch up to 10 claims per transaction

Pros:

• ✅ 96% cost reduction vs transparent
• ✅ Privacy (holder addresses hidden)
• ✅ Scalable to any holder count
• ✅ Whale amounts hidden until claimed

Cons:

• ❌ Holders must claim manually
• ❌ Requires some user education
• ❌ Weekly instead of hourly
• ❌ Unclaimed rewards locked until claimed

Best For:

• Large holder bases (1,000+ holders)
• Privacy-focused projects
• International projects (avoid holder discrimination)
• Cost-sensitive projects

Cost Example:

Any holder count: $0.78/week = $3.12/month
(Same cost whether 100 or 100,000 holders!)

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Choosing the Right Mode

Decision Matrix:

Your Situation	Recommended Mode
< 100 holders	Transparent
1,000+ holders	Stealth
Privacy important	Stealth
Regulatory compliance	Transparent
International community	Stealth
High token value	Either works
Low budget	Stealth

Can't Decide?

• Start with Stealth (safer default)
• Lower cost allows you to test
• Can always explain to holders how to claim

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USD-Based Filtering (Both Modes)

Minimum Holder Value:

• Default: $5 USD
• Filters spam wallets (<$5 worth)
• Dynamic based on real-time price
• Reduces distribution costs

Anti-Whale Percent:

• Default: 2% of supply
• Excludes large holders from distributions
• Prevents whale dominance
• Makes distributions more fair

Example:

Token price: $0.0001
Min value: $5 USD
Required tokens: 50,000 tokens

Holder A: 60,000 tokens ($6) → Eligible ✅
Holder B: 40,000 tokens ($4) → Filtered ❌
Holder C: 30,000,000 tokens (3%) → Whale excluded ❌

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Jackpot Lottery

Enable Jackpot

What it is: Random winner selection with accumulated fees

How It Works:

1. Jackpot treasury accumulates 20% of transfer fees
2. Every 24 hours, a random holder is selected
3. Winner receives entire jackpot balance
4. Provably fair random number generation
5. Winner announced automatically

Drawing Frequency:

• Daily (86,400 seconds): High engagement
• Weekly (604,800 seconds): Larger prizes
• Custom: Set your own (in seconds)

Eligibility Requirements:

• Minimum $5 USD worth of tokens (default)
• Not a whale (< 2% of supply)
• Not an excluded wallet (treasury, pool, etc.)

Example:

Token: 1M supply, 1,000 holders
Transfer fee: 2.5% (20% to jackpot = 0.5% effective)
Daily volume: 10M tokens traded

Jackpot accumulation: 50,000 tokens/day
Weekly winner: 350,000 tokens (~0.035% of supply)

Best For:

• Community engagement
• Memecoins
• Gaming tokens
• Projects wanting viral potential

Considerations:

• Winners are random (not merit-based)
• Encourages holding over selling
• Can create FOMO effect
• Transparent and auditable

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Auto-LP & Burn

Auto-LP (Automatic Liquidity)

What it is: Automatic injection of liquidity to the pool

How It Works:

• 12% of transfer fees go to Auto-LP treasury
• Keeper bot converts half to SOL via Jupiter
• Injects balanced token+SOL to Meteora pool
• Liquidity permanently locked (can't be removed)

Benefits:

• ✅ Rug-pull prevention (liquidity can't be removed)
• ✅ Ever-increasing liquidity
• ✅ Lower slippage over time
• ✅ Builds trust with community

Time Lock:

• Default: 3,600 seconds (1 hour)
• Prevents spam injections
• Ensures efficient batching
• Reduces transaction costs

Example:

Day 1: Pool has 1 SOL liquidity
Week 1: Auto-LP added 0.5 SOL → 1.5 SOL
Month 1: Auto-LP added 5 SOL → 6 SOL
Year 1: Auto-LP added 100 SOL → 101 SOL

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Burn Mechanism

What it is: Automatic token burning to reduce supply

How It Works:

• 8% of transfer fees go to burn treasury
• Keeper bot sends tokens to burn address (permanently destroyed)
• Supply decreases over time
• Deflationary pressure increases value

Burn Frequency:

• Default: 3,600 seconds (1 hour)
• Can set to daily, weekly, etc.
• Balances cost vs psychological impact

Why Burn?:

• Deflationary tokenomics
• Increases scarcity
• Psychological appeal
• "Number go up" effect

Example:

Initial supply: 1,000,000,000 tokens
Transfer fee: 2.5% (8% to burn = 0.2% of volume burned)
Monthly volume: 100M tokens

Monthly burn: 200,000 tokens (0.02% of supply)
Yearly burn: 2.4M tokens (0.24% of supply)
10-year burn: 24M tokens (2.4% of supply)

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Advanced Settings

Creator Fee Wallet

What it is: Wallet that receives 15% of collected transfer fees

Default: Your connected wallet (recommended)

Can Change To:

• Team multi-sig wallet
• Different personal wallet
• Cold storage wallet
• DAO treasury

Important: Verify address carefully - cannot be easily changed later!

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Min Holder Value (USD)

What it is: Minimum token value for reflection eligibility

Default: $5 USD Range: $1 - $500 USD

Why Set Higher?:

• Reduce distribution costs
• Filter spam wallets
• Focus rewards on real holders

Why Set Lower?:

• More inclusive
• Reward even small holders
• Wider distribution

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Anti-Whale Percent

What it is: Maximum % of supply a wallet can hold and still receive distributions

Default: 2% of supply Range: 1% - 20%

Why Set Lower (1%):

• Maximum decentralization
• No single holder dominates
• More fair distribution

Why Set Higher (5%+):

• Allow larger holders
• Fewer exclusions
• Reward big believers

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Review & Launch

Pre-Launch Checklist

Token Details:

• [ ] Token name is correct and unique
• [ ] Symbol is 3-5 characters, memorable
• [ ] Description explains purpose clearly
• [ ] Image is 512x512, looks good at small size
• [ ] Supply amount is intentional
• [ ] Decimals set to 9 (or justified otherwise)

Features:

• [ ] Transfer fee % is appropriate for goals
• [ ] Pool preset matches launch strategy
• [ ] SOL liquidity provides reasonable starting price
• [ ] Reflection mode chosen (transparent vs stealth)
• [ ] Jackpot enabled (if wanted)
• [ ] Auto-LP enabled (recommended)
• [ ] Burn enabled (if deflationary desired)

Wallets:

• [ ] Creator fee wallet address is correct
• [ ] Connected to correct network (devnet/mainnet)
• [ ] Have enough SOL (0.26 SOL for mainnet)

Final Checks:

• [ ] Tested identical token on devnet
• [ ] All settings reviewed with team
• [ ] Community announcement prepared
• [ ] Social media posts ready
• [ ] Ready to share mint address immediately

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Creating the Token

1. Click "Create Token"

   • Final opportunity to review
   • All settings visible

2. Wallet popup appears

   • Review transaction details
   • Verify you have enough SOL
   • Check network (devnet/mainnet)

3. Approve transaction

   • Click "Approve" in wallet
   • Sign the transaction

4. Wait for confirmation

   • Usually 10-30 seconds
   • Don't close the page!
   • You'll see progress indicator

5. Success!

   • Token mint address displayed
   • Copy and save immediately
   • View on Explorer link provided
   • Share with community

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After Creation

Immediate Actions

1. Save Important Info:

Token Mint: [COPY THIS]
Pool Address: [COPY THIS]
Creation TX: [COPY THIS]
Network: Devnet / Mainnet

2. Verify on Explorer:

• Click "View on Explorer" link
• Confirm all details are correct
• Check token metadata loaded
• Verify pool creation successful

3. Test Transactions:

• Send small amount to test wallet
• Verify transfer fee deducted correctly
• Check token shows in wallet
• Confirm balance updates

4. Announce to Community:

• Share mint address
• Post Explorer link
• Explain tokenomics
• Set expectations (sniper protection ends in X hours)

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First 24 Hours

Automatic Events:

• ✅ Initial LP recovery (keeper bot harvests withheld fees)
• ✅ Anti-sniper fees decay (2 hours for memecoin preset)
• ✅ First reflection distribution (if enabled)
• ✅ First jackpot accumulation (if enabled)

What to Monitor:

• Trading volume
• Holder count growth
• Fee collection amounts
• LP balance increases
• Community feedback

What to Communicate:

• Sniper protection timeline (when fees drop)
• How to claim reflections (if stealth mode)
• Jackpot drawing schedule
• LP lock confirmation
• Treasury addresses for transparency

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Ongoing Management

See Managing Tokens Guide (03) for:

• Dashboard overview
• Monitoring distributions
• Triggering manual actions
• Updating settings
• Analytics and metrics

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Common Questions

Q: Can I change settings after creation? A: Some settings yes, some no:

• ✅ Reflection frequency
• ✅ Min holder value
• ✅ Anti-whale percent
• ❌ Token name/symbol (need metadata update)
• ❌ Supply
• ❌ Decimals
• ❌ Transfer fee % (need authority)

Q: What if I make a mistake? A: For mainnet:

• Test on devnet first to avoid this!
• Some settings can be updated via admin dashboard
• Metadata can be updated
• Supply is final (unless kept mint authority)

Q: How much will features cost to run? A:

• Transparent reflections: ~$19.50/day per 1,000 holders
• Stealth reflections: ~$0.11/day (any holder count)
• Jackpot: ~$0.01/day
• Auto-LP: ~$0.05/day
• Burn: ~$0.01/day

Q: When do distributions happen? A:

• Transparent reflections: Every hour
• Stealth reflections: Merkle root updates per schedule (default: weekly)
• Jackpot: Per schedule (default: daily)
• Auto-LP: When threshold reached (default: hourly check)
• Burn: When threshold reached (default: hourly check)

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Next Steps

Learn More:

• Managing Tokens (03) → Use the dashboard after creation
• Understanding Reflections (04) → Deep dive on reward systems
• Jackpot Lottery (05) → How lottery works for holders
• Security Guide (07) → Protect yourself and your token

Get Help:

• FAQ (08) → Common questions answered
• Glossary (10) → Understand all terms
• Support → Contact for assistance

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Ready to create? Head to app.mintcraft.io and launch your token!

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Last Updated: 2025-01-12 Previous: Getting Started Guide (01) Next: Managing Tokens Guide (03)