Create ERC20 Token on Meld
Meld MLD-20 token generator FAQ
What is the Meld blockchain and what are MLD20 tokens?
Meld is a Layer 1 public blockchain built for decentralized finance (DeFi) applications. It uses a unique Proof-of-Stake (PoS) consensus mechanism that combines security with scalability. MLD20 tokens are the native tokens of the Meld blockchain, used for:
How do I create an MLD20 token with a token maker?
Creating MLD20 tokens usually requires smart contract programming, as well as a web3 wallet such as Metamask, and sufficient funds to cover for the token creation fees. Using a token maker makes the process of generating MLD20 tokens much easier and faster. Simply connect to the Meld network in your wallet and on the token maker to start issuing tokens on that blockchain.
Bitbond Token Tool is a token maker that enables effortless token creation, by simply defining various parameters: name, symbol, total supply, and other customizable features. It’s as easy as filling in a form, then the token maker generates the smart contract code for you. The smart contract gets automatically deployed onto the Meld blockchain.
Can I create an MLD20 token without any smart contract coding knowledge?
What are the benefits of using an MLD20 token generator?
How do I add a logo to my token?
Did you create a token using our token maker? Congratulations, you did great! You may need to add a logo to your token or update the token information on the block explorer. This process is usually similar across different networks and is carried out directly via the block explorer’s support, independently of Token Tool. You have to submit a form via the block explorer by providing additional information about your token. Once their support approves it, you will receive access to update token information accordingly.
Can I set a limit on the total supply of my MLD20 token?
Yes, you can set a limit on the total supply of your MLD20 token. During the token creation process, you can specify the initial supply for your token. This allows you to control the total number of tokens that will ever be in circulation, providing scarcity and value to your token economy. For this limit to be immutable, make sure to not enable the features “Can burn” and “Can mint” upon creation. These features would allow you to change the token supply after token creation.
How do I track the total supply and circulation of my MLD20 token?
Can I use my MLD20 token in decentralized finance (DeFi) applications?
Is it possible to change the properties of my MLD20 token after it has been created?
Some properties such as the token name, symbol, and decimals can’t be modified after the token creation and successful deployment to the Meld network. Depending on the additional features you enable upon creation, it may be possible to carry out modifications under the Manage Token function after creation.
For example: If you enable “Can burn” upon creation of the token, then once you create the MLD20 token and deploy it to the network, you would be able to return to the Manage Token page and decrease the total supply after the initial creation. The asset documentation entry can also be altered after token creation, if this feature is enabled.
How do I add tax and deflation on my token?
To add tax and deflation to your MLD20 token, you must enable “Charge transaction tax / fee” and/or “Burn fee for deflationary token” respectively. You can then configure the parameters to fit your needs. For example: for the tax feature you can configure the token to deduct a 1% fee each time the token is transacted with on the network. You will need to choose a recipient wallet address to which the transaction fee should be automatically credited.