Frequently Asked Questions
What is TokenMatic?
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TokenMatic is a web platform that allows users to create and manage tokens on the Solana blockchain without any programming knowledge. Our intuitive interface makes it easy for anyone to launch their own token and manage its liquidity.
How do I create a token?
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To create a token, connect your Phantom wallet, navigate to the "Create Token" page, fill in the required information such as token name, symbol, and supply, and submit the form. After payment confirmation, your token will be created on the Solana blockchain.
What is liquidity and why is it important?
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Liquidity refers to how easily a token can be bought or sold without affecting its price significantly. Adding liquidity to your token makes it tradable on decentralized exchanges and helps maintain a stable price, which is crucial for any token's success.
How much does it cost to create a token?
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The cost of creating a token includes a service fee and the Solana network fee. Our service fee is competitive and transparent, displayed before confirmation. Solana network fees are typically very low compared to other blockchains.
Do I need programming knowledge to use TokenMatic?
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No, TokenMatic is designed to be user-friendly and accessible to everyone, regardless of technical background. Our platform handles all the complex blockchain interactions for you, allowing you to focus on your token's purpose and community.
What wallet does TokenMatic support?
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Currently, TokenMatic supports the Phantom wallet, which is one of the most popular wallets for the Solana blockchain. We plan to add support for more wallets in the future.
How long does it take to create a token?
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Token creation on the Solana blockchain is very fast, typically taking only a few seconds once the transaction is confirmed. The entire process, including filling out the form and payment confirmation, usually takes less than 5 minutes.
Can I modify my token after creation?
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Some token parameters, such as the total supply, can be modified after creation if you set up the token with minting authority. However, certain parameters like the token's name and symbol cannot be changed once the token is created on the blockchain.