Table of Contents

• Introduction
• Creating a Token URI
• Uploading Metadata URL
• Creating the Token
• Revoke Freeze and Mint Authority
• Adding Liquidity on Radium
• Creating a Liquidity Pool
• Burning Liquidity Pool Tokens
• FAQ

Introduction

In this tutorial, we will guide you through the process of creating SPO tokens on the Solana blockchain without any coding. The entire process is made user-friendly through a simple UI, eliminating the need for extensive coding knowledge. We recommend using the Phantom wallet, which offers seamless integration and a smooth user experience. While it is possible to follow this tutorial on your phone using the Phantom app, we suggest using a computer for the best experience.

Creating a Token URI

A token URI is an essential component for creating SPO tokens on the Solana blockchain. It consists of various elements, including the name, symbol, description, and image of the token. It serves as a unique identifier for the token and provides important information about its attributes.

Hosting the token image on a web 3 platform, such as AR weave, is crucial to ensure its permanence and prevent it from being deleted. By uploading the image to AR weave, you can guarantee that it will be securely stored and accessible in the future.

Here is a step-by-step guide to uploading the token image to AR weave:

1. Click on the "Select File" button to choose the desired image for your token.
2. Wait for the image name to appear and click on "Upload" to initiate the upload process.
3. Confirm the transaction to begin uploading the image to AR weave.
4. Sign the AR weave link to prove your ownership of the selected account.
5. Save the AR weave link and copy the JSON data associated with it.

By following these steps, you can successfully upload the token image to AR weave and generate a token URI that reflects ownership and authenticity. This token URI will play a crucial role in the creation and management of your SPO tokens on the Solana blockchain.

Uploading Metadata URL

Uploading the metadata URL is an important step in the token creation process on the Solana blockchain. This URL serves as a crucial component in generating tokens and ensuring their authenticity and ownership.

Guidance on uploading the URI dojon file

To upload the URI dojon file, follow these steps:

1. Click on "Select File" and choose the desired image for your token.
2. Wait for the image name to appear and click on "Upload" to initiate the upload process.
3. Confirm the transaction to start uploading the image to AR weave.
4. Sign the AR weave link to prove ownership of the selected account.
5. Save the AR weave link and copy the JSON data associated with it.

Confirming the transactions for AR weave upload

Confirm the transactions prompted during the AR weave upload process. It typically involves confirming the image upload and signing the AR weave link.

Copying and pasting the metadata URL

Copy the metadata URL by clicking on "Copy Link Address" and paste it in the designated field for uploading the metadata URL.

Entering token name, symbol, supply, and decimal

Enter the token name and symbol exactly as you entered them earlier. Make sure the token supply is accurately represented, and choose a decimal number between 0 and 9.

Once all the required information is entered, click on "Create Token" to complete the token creation process.

Creating the Token

To create your SPO tokens on the Solana blockchain, you will need to follow a series of steps. Here's a breakdown of the process:

Explanation of token creation transaction: The token creation process involves uploading a token image to AR weave, creating a token URI, and entering the necessary information such as name, symbol, supply, and decimal.

Cost and quantity of tokens obtained: The token creation transaction typically costs around 0.5 Solana and you will obtain the specified quantity of tokens, which in this case is 1 billion SPO tokens.

Confirming the token creation transaction: After clicking on "Create Token," you will need to confirm the transaction, which may require a small fee.

Waiting for the token to be uploaded into the blockchain: The token creation process may take around 20 to 30 seconds for the token to be uploaded into the blockchain. You can monitor the progress on the Phantom wallet.

Refreshing Phantom wallet to view the new tokens: Once the token creation process is complete, you can refresh your Phantom wallet to view the newly created SPO tokens. They should appear in your wallet with the specified quantity.

Revoke Freeze and Mint Authority

Revoking freeze and mint authority is an important step in the process of creating SPO tokens on the Solana blockchain. This step ensures that you have full control over your tokens and prevents any unauthorized actions.

To locate the wallet authority on S scan, follow these steps:

1. Copy the SPL token address from your Phantom wallet.
2. Go to S scan and paste the token address in the search bar.
3. Click on the token address that appears in the search results.
4. Look for the authority section on the S scan page.

Once you have located the authority section, you can proceed to revoke freeze authority. Follow this step-by-step guide:

1. Click on the "Revoke Freeze Authority" button on our website.
2. Confirm the transaction on your Phantom wallet.
3. Wait for the transaction to be confirmed on the blockchain.

After revoking freeze authority, you can verify the change in authority on S scan. Refresh the S scan page and check that the freeze authority has been revoked.

To ensure that tokens cannot be minted anymore, you need to revoke the mint authority. Follow these steps:

1. Click on the "Revoke Mint Authority" button on our website.
2. Confirm the transaction on your Phantom wallet.
3. Wait for the transaction to be confirmed on the blockchain.

Once the mint authority is revoked, check S scan again to verify that the authority has been updated. The authority should now show that minting tokens is not allowed.

Adding Liquidity on Radium

Adding liquidity to Radium involves creating a liquidity pool for your tokens on the platform. Here's a step-by-step guide on how to do it:

Explanation of liquidity pool creation

To create a liquidity pool, you need to have both the base token (your token) and the code token (usually Solana) ready. The liquidity pool allows users to trade between these two tokens.

Guidance on creating an open book market on Radium

To create an open book market on Radium, you need to connect your Phantom wallet and enter the necessary information, such as the token symbol and name. Make sure you have enough Solana in your wallet to cover the transaction fees.

Setting the base and code tokens

Choose your token as the base token and select Solana as the code token. The base token represents your token, and the code token is used as a reference for trading.

Choosing minimum order size and tick size

For tokens with a large total supply, it's recommended to set a larger minimum order size and a smaller tick size. This ensures a more efficient trading experience.

Confirming the creation of the market

After setting the necessary parameters, click on "Create Market" to confirm the creation of the market. Make sure you have enough Solana in your wallet to cover the transaction fees.

Creating a Liquidity Pool

If you want to create a liquidity pool on the website, follow this step-by-step guide:

Guide on creating a liquidity pool on the website

Make sure you have obtained the market ID from Radium before proceeding with the liquidity pool creation process.

After revoking the freeze authority for your tokens, click on the "Create Liquidity Pool" button on our website.

Input the market ID obtained from Radium into the designated field.

Click on the "Confirm" button to proceed with the liquidity pool creation.

Confirming the transaction after revoking freeze authority

Before creating the liquidity pool, make sure you have revoked the freeze authority for your tokens. This step is necessary to add liquidity.

If you haven't revoked the freeze authority, you will receive an error message and won't be able to proceed with the liquidity pool creation.

Adding liquidity to the pool

Once you have confirmed the transaction and provided the market ID, you can add liquidity to the pool.

Set the desired amount of tokens and Solana you want to add to the liquidity pool.

Review the price and creation fee information provided on the website.

Click on the "Initialize Liquidity Pool" button to proceed with adding liquidity.

Initializing the liquidity pool and confirming the transaction

After clicking on the "Initialize Liquidity Pool" button, you will need to confirm the transaction.

Confirm the transaction on your Phantom wallet and wait for it to be confirmed on the blockchain.

Once the transaction is confirmed, your liquidity pool will be created.

Make sure to store the AMM ID provided on the website for future reference.

Burning Liquidity Pool Tokens

Burning liquidity pool tokens is an important aspect of token management on the Solana blockchain. By burning tokens, you effectively remove them from circulation, reducing the overall supply and potentially increasing the value of the remaining tokens. In addition, burning tokens can help maintain the stability and integrity of the token ecosystem.

In the future, our website will release a burning feature that allows users to easily burn their liquidity pool tokens. This feature will provide a seamless and user-friendly experience for token holders.

To burn liquidity pool tokens using SOL scan, follow these steps:

1. Copy the address of your liquidity pool tokens.
2. Visit SOL scan and paste the token address in the search bar.
3. Click on the token address that appears in the search results.
4. Look for the burning option on the SOL scan page.
5. Click on the "Burn" button to initiate the burning process.
6. Confirm the transaction on your Phantom wallet.
7. Wait for the transaction to be confirmed on the blockchain.

Burning liquidity pool tokens is important for effective token management. It helps control the token supply, maintain price stability, and ensure the long-term viability of the token ecosystem. By regularly burning tokens, token holders can contribute to the overall health and success of the token project.

In conclusion, burning liquidity pool tokens is a critical step for token management on the Solana blockchain. By utilizing the burning feature on our website or using SOL scan, token holders can effectively control the token supply and contribute to the growth and stability of the token ecosystem. We encourage all token holders to actively participate in burning their liquidity pool tokens to ensure the long-term success of the project.

FAQ

Here are some frequently asked questions about creating SPO tokens on the Solana blockchain:

How long does it take to create SPO tokens?

The process of creating SPO tokens typically takes around 5 to 10 minutes. It is a user-friendly process that does not require any coding.

Can I create SPO tokens on my phone?

Yes, you can create SPO tokens on your phone using the Phantom app. However, it is recommended to use a computer for the best experience.

What if I don't have enough Solana in my wallet?

In order to create SPO tokens, you will need to have a sufficient amount of Solana in your wallet. Make sure you have at least 0.5 Solana to cover the transaction fees.

Why is it important to revoke freeze and mint authority?

Revoking freeze and mint authority ensures that you have full control over your tokens and prevents any unauthorized actions. It adds an extra layer of security to your token ownership.

How can I ensure the security of my SPO tokens?

To ensure the security of your SPO tokens, it is important to follow best practices such as keeping your wallet and private keys secure, using a hardware wallet if possible, and regularly updating your wallet software. Additionally, be cautious of phishing attempts and only interact with trusted platforms and websites.