Create ERC20 Token on Optimism
Optimism ERC20 token generator FAQ
What is the Optimism blockchain and what are ERC20 tokens?
How do I create an ERC20 token with a token maker?
Instead of programming your own ERC20 smart contracts, you can simply use an ERC20 token generator. It requires you to have a web3 wallet such as Metamask, and sufficient funds to cover for the token creation fees. Our token generator makes the process of creating ERC20 tokens easy and effortless.
Bitbond Token Tool is a token maker that enables seamless token creation, by simply connecting to the Optimism network, and defining various parameters: name, symbol, total supply, and other customizable features. The token maker then generates the smart contract code for you. The tokens get automatically deployed onto the Optimism network, and your digital assets are successfully issued after the transaction is processed.
Can I create an ERC20 token without any smart contract coding knowledge?
Yes, you can! Bitbond Token Tool is the perfect solution for users that don’t have any coding or technical knowledge. Our token generator enables you to leverage the true power of such blockchain tokenization. It provides a highly intuitive interface and pre-built templates that guide you through the token creation process.
Token makers eliminate the need for programming expertise, allowing individuals and businesses with limited technical background to create their own ERC20 tokens saving significant costs and time. You can even try it for free on the Optimism Testnet using “faucet” ETH.
What are the benefits of using an ERC20 token generator?
How do I add a logo to my ERC20 token?
Can I set a limit on the total supply of my ERC20 token?
How do I track the total supply and circulation of my ERC20 token?
Can I use my ERC20 token in decentralized finance (DeFi) applications?
Is it possible to change the properties of my ERC20 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 Optimism 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 mint” upon creation of the token, then once you create the ERC20 token and deploy it to the network, you would be able to return to the Manage Token page and add more tokens to 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 ERC20 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.