# Solana Token2022 Creator Guide

## 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\
  \&#xNAN;*Fee Claim Portal:* [*https://solana.pandatool.org/en/taxClaim*](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\
  \&#xNAN;*More features coming based on user demand*

## Solana Token2022 Creation Steps

1. Open the [PandaTool](https://solana.pandatool.org/en/create) 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 <a href="#solana-token-creation-detailed-steps" id="solana-token-creation-detailed-steps"></a>

### **Step 1: Connect Wallet**

Go to [PandaTool Token2022 Creator](https://solana.pandatool.org/en/create2022)

<figure><img src="/files/NsJR0ytHM5xaRW0722SJ" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/ltOkekIlUDwtaFm05DhY" alt=""><figcaption></figcaption></figure>

### **Step 2: Configure Core Parameters**

<figure><img src="/files/kz4nJgRaSGPk2VSh9cmz" alt=""><figcaption></figcaption></figure>

| 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**

<figure><img src="/files/RO5pBfDrJ2Q3ULsnbX40" alt=""><figcaption></figcaption></figure>

* **Website**: e.g.,<https://pandatool.org/>
* **Telegram**: e.g.,<https://t.me/pandatool>
* **Twitter**:e.g., <https://twitter.com/PandaTool>
* **Discord**:e.g., <https://discord.orca.so/>
* **Description**: <200 characters
* **Tags**: Up to 5 labels (e.g., "DeFi", "Tooling")

### **Step 4: Deploy Token**

1. Click **Create Now**

<figure><img src="/files/3rUmLNp39dLkPrWYmWdw" alt=""><figcaption></figcaption></figure>

2. Approve transaction in wallet

<figure><img src="/files/QH4NvAJspDpnWkwetyAP" alt=""><figcaption></figcaption></figure>

3. Copy token address after successful deployment:

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

<figure><img src="/files/Cm47P7SHEjdchAHIQt0n" alt=""><figcaption></figcaption></figure>

### **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)

<figure><img src="/files/eWqDwSRQGrPMHN9L33CM" alt=""><figcaption></figcaption></figure>

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](https://solana.pandatool.org/en/control)

**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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