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Step 2 of 5 in the Token Creation Process
Setting the right parameters for your token is crucial for its long-term success. Each parameter affects how your token functions, its value proposition, and how it will be perceived by the community. This guide will help you understand each parameter and make informed decisions.
RevShare uses Solana's Token-2022 standard which supports advanced features like transfer fees. This newer standard enables the revenue-sharing functionality while maintaining compatibility with the Solana ecosystem.
Token Name
My Token
The full name of your token
Token Symbol
TKN
Short ticker for exchanges and wallets
Your token's full name should be:
Your token's symbol (ticker) should be:
Initial Supply
1,000,000
Total tokens created at launch
Decimals
9
Divisibility of each token
The initial supply determines how many tokens exist when your token launches:
Recommendation: For most projects, a supply between 1 million and 1 billion tokens provides a good balance between perceived value and distribution flexibility.
Decimals determine how divisible your token is - how small a piece can be transferred:
Recommendation: Use 9 decimals in most cases to align with Solana's standard and enable precise distribution of fees.
Transfer Fee Percentage
8%
Percentage collected on each transfer
Maximum Fee Per Transaction
100,000 (10% of supply)
Cap on fees for any single transaction
When someone transfers your token, a percentage is automatically collected as a fee. This fee is what enables the revenue-sharing model:
The transfer fee percentage directly impacts your token's economics:
Recommendation: Start with a fee between 4-8% unless your token has a very specific use case that would justify higher or lower fees.
The maximum fee limits how much can be taken from any single transaction:
Recommendation: Set the max fee to 5-10% of your total supply to balance protection for large transfers while still maintaining your fee structure.
Most token parameters cannot be changed after creation, including the name, symbol, decimals, and transfer fee percentage. The max fee can be adjusted in some cases, but this requires advanced technical knowledge. Choose your parameters carefully!
Exchanges may have specific requirements or preferences for token parameters. Generally, tokens with standard decimals (9) and reasonable fee structures (under 10%) are easier to list. Very high fees or unusual parameters might require additional discussion with exchanges.
For revenue-sharing tokens, a fixed supply model is typically recommended. Creating more tokens later (minting) dilutes existing holders. However, the RevShare platform allows you to configure an emergency mint function for authorized addresses if absolutely necessary.
