MakeCoin

Creating a token on Solana is simple with our platform:

1. Connect your Solana wallet (Phantom or Solflare)
2. Fill out the token details (name, symbol, supply, etc.)
3. Choose your token options (authorities, metadata)
4. Confirm the transaction in your wallet

The entire process takes just a few minutes. After confirming the transaction, the token will be created and deployed to the Solana blockchain. All of the token supply will be minted to your wallet right away.

Yes, creating tokens with MakeCoin is safe and secure. Here's why you can trust our platform:

• No custody of your funds: We never have access to your wallet or funds. All transactions require your explicit approval through your wallet's secure interface
• Official Solana APIs: We use only official Solana blockchain APIs and libraries to ensure reliable and secure token creation
• Secure wallet connections: Our wallet connections use industry-standard security protocols and never request your private keys or seed phrases
• Transparent transactions: Every action is clearly displayed before you sign, and you can verify all transaction details in your wallet
• Open-source verification: The token creation process follows Solana's standard SPL token program that can be independently verified

MakeCoin is designed with a security-first approach. We only create the transactions, but you always maintain full control by reviewing and signing them yourself. Your funds remain in your wallet at all times, and no action can be taken without your explicit approval.

For additional security, we recommend using a hardware wallet like Ledger when creating tokens for high-value projects.

Token authorities are special permissions that control what can be done with your token after creation:

• Mint Authority: Allows creating more tokens in the future. If revoked, the supply becomes fixed forever
• Freeze Authority: Allows freezing any wallet holding your token. If revoked, no one can ever freeze token transfers
• Update Authority: Allows changing token metadata (name, symbol, image). If revoked, these details become permanent

Why revoke authorities? Revoking all authorities makes your token truly decentralized and builds trust with your community. Once revoked, even you cannot change the token's properties or increase its supply, making it more attractive to investors who value certainty.

We recommend revoking all authorities for most projects to demonstrate your commitment to the token's integrity.

A liquidity pool is a collection of funds in a smart contract that enables trading between two tokens without needing a buyer and seller to match directly.

Why create a liquidity pool:

• Makes your token tradable on decentralized exchanges
• Provides initial price discovery for your token
• Allows users to buy and sell your token easily
• You can earn fees from trades in your pool

How to create a liquidity pool on Raydium:

1. Visit Raydium
2. Connect your wallet containing your token and SOL
3. Click "Create Pool" and select your token and SOL as the pair
4. Set your initial price and amount of liquidity
5. Confirm the transaction in your wallet

When creating a pool, you'll need to provide both your token and SOL in a specific ratio that determines the initial price.

After creating a liquidity pool, you'll receive LP (Liquidity Provider) tokens representing your share of the pool. By default, it's possible to remove the liquidity from the pool at any given moment. If you want to build more trust with your community, you can either lock or burn your liquidity. This is especially important for long term projects or if you want to attract big investments.

Locking Liquidity:

• Temporarily restricts access to your LP tokens for a set period
• Demonstrates commitment while maintaining future flexibility
• Can be extended or renewed when the lock period ends

Burning Liquidity:

• Permanently removes LP tokens by sending them to an inaccessible address
• Provides the strongest guarantee that liquidity can never be removed
• Demonstrates maximum commitment to the project's longevity
• Cannot be reversed, so the liquidity remains in the pool forever

Which to choose?

Burning offers the strongest security for investors but removes your flexibility. Locking is a good middle ground, especially with longer lock periods (6-12 months). For new projects, locking liquidity for at least 3-6 months is generally recommended to build initial trust.

To successfully launch and manage your Solana token, you can use the following tools:

• MakeCoin: Easy and cheap token creation, no coding required
• Raydium: Create and manage liquidity pools for your token
• Solscan: Verify token transactions and holders
• DexScreener: Track your token's price and trading activity across DEXes
• Photon: Trading platform for Solana tokens

These tools cover everything from creation to trading, helping you launch and manage your token successfully.