🪙Create A Token

How to Create a Token Using Moonpad's Token Factory

Welcome to Moonpad's Token Factory! This guide will walk you through the steps to create your very own token on the IOTA EVM blockchain. Follow these simple steps to get started.

Step 1: Access Moonpad's Token Factory

1. Navigate to Moonpad: Open your web browser and go to the Moonpad dApp.

2. Connect Wallet: Ensure you are logged in to your wallet provider and have your wallet connected to IOTA EVM network.

Step 2: Enter Token Parameters

Once you are in the Token Factory section, you will need to fill in the details of your new token.

1. Token Name:

   • Description: Enter the full name of your token. This is the name that will be displayed in wallets and exchanges.

   • Example: "Moonpad Token"

2. Token Symbol:

   • Description: Enter the symbol for your token. This is a short, unique identifier for your token.

   • Example: "MPT"

3. Decimals:

   • Description: The number of decimal places your token can be divided into. For most tokens, this is typically 18.

   • Default Value: 18

4. Initial Supply:

   • Description: Enter the initial supply of your token. This should be entered as a whole number, without considering decimals.

   • Example: If you want to create 1,000,000 tokens, simply enter "1000000".

Step 3: Review Your Token Details

Double-check all the details you have entered to ensure they are correct. Mistakes cannot be corrected once the token is created.

Step 4: Sign the Transaction

1. Initiate Transaction: After verifying the details, click the "Create" button.

2. Sign with Wallet: Your wallet will prompt you to sign the transaction. Confirm and sign the transaction using your connected wallet.

Step 5: Token Creation

Once the transaction is signed, the token will be created on the IOTA EVM blockchain. This process may take a few moments.

Step 6: Token Transfer

After the token is successfully created, it will be automatically transferred to your connected wallet. You can now view and manage your new token directly from your wallet.

Additional Tips

• Gas Fees: Ensure you have enough IOTA tokens in your wallet to cover gas fees for the transaction.

• Security: Always double-check the wallet address and token details before signing the transaction to avoid any errors.

Congratulations! You have successfully created your own token using Moonpad's Token Factory. You can now use, distribute, and manage your token as you see fit.