💡Solana Token2022 Creator Guide

Tutorial on Creating Solana Token2022 Using PandaTool

Prerequisites

  • Before creating tokens, be sure to install the Phantom Wallet Chrome extension

  • Ensure your wallet has at least 0.13 SOL available.

  • Please use Phantom Wallet or OKX Web3 Wallet on your mobile phone

Understanding Token2022 on Solana

1. What is Token2022?

Token2022 is Solana's next-generation token standard that supports advanced functionalities like transfer fees. Unlike basic SPL-Token (used for meme coins without programmable features), Token2022 enables developers to build tokens with customizable logic. The transfer fee capability is why it's informally called a "tax token" in Chinese communities.

2. How Transfer Fees Work

When a Token2022 transfer occurs:

  • A fee (in the created token) is charged per transaction

  • Fees accumulate in a dedicated on-chain pool

  • Manual claiming is required by the designated fee-collecting wallet Fee Claim Portal: https://solana.pandatool.org/en/taxClaim

Key difference vs BSC: Fees aren’t distributed automatically.

3. Beyond Transfer Fees

Token2022 supports multiple extensions:

  • Transfer fees (currently live on PandaTool)

  • Confidential transfers

  • Non-transferable tokens

  • Burning mechanics

  • Transfer hooks More features coming based on user demand

Solana Token2022 Creation Steps

  1. Open the PandaTool website：https://solana.pandatool.org/en/create2022

  2. Connect your Phantom Wallet

  3. Enter the token details, such as name, symbol, supply, etc

  4. Click on "Create Now"

  5. Confirm in your wallet and pay the fee

Step-by-Step:Solana Token2022 Creation

Step 1: Connect Wallet

Go to PandaTool Token2022 Creator

Click Connect Wallet (supports Phantom, OKX, and TokenPocket)

Step 2: Configure Core Parameters

Parameter
Description
Example

Name

Full name (English/Chinese)

PandaToken

Symbol

Trading ticker (3-5 chars)

PANDA

Decimals

Token divisibility (default:9)

9

Supply

Max supply (≤10B at decimals=9)

100,000,000

Tax Percent (%)

Fee per transaction (0-100)

10%

Maximum Fee

Cap per transaction

1000 PANDA

Admin Address

Controls mint/freeze

Your address

Transfer Address

Receives accumulated fees

Your address

Logo

256x256px (<1MB)

[Upload]

*Fee logic: Transferring 1,000 PANDA at 10% fee = 100 PANDA fee (capped at Max Fee)*

Step 3: Optional Metadata

Step 4: Deploy Token

  1. Click Create Now

  1. Approve transaction in wallet

  1. Copy token address after successful deployment:

*Note: Token may appear as "Unknown" in Phantom temporarily - indexing takes <24hrs.*

Step 5: Verify Transfer Fees

Send tokens to another wallet:

  • Wallet will display fee deduction automatically

  • Example: Sending 3,000 PANDA → Receiver gets 2,700 (10% fee)

If you want to claim the fee, please go to this: https://solana.pandatool.org/en/taxClaim

FAQs

Q1: When are fees charged?

Fees apply to all transfers and trades (DEX/swaps included). No exemptions.

Q2: Can fees be in SOL or USDT?

No. Token2022 fees are always paid in the created token.

Q3: Do creators pay fees?

Yes. All addresses pay fees (no whitelists).

Q4: Can I modify fees after deployment?

Currently not supported. Fee modification functionality coming soon.

Q5: How to manage token authorities?

Use the Authority Control Tool

Q6: Who pays the fee - sender or receiver?

Sender pays. If 1,000 tokens are sent at 10% fee:

  • Sender loses 1,000 tokens

  • Receiver gets 900 tokens

  • 100 tokens go to fee pool

Need more help? Join our developer community: https://t.me/pandatool_en

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