Token Tool by Bitbond
Pricing

Create ERC20 Token on peaq

Simple, fast and convenient token generator
No smart contract programming required
Get 100% ownership of generated tokens
Set custom token name, symbol and initial supply
Sign and create with your own wallet
Create token product documentation

Basic settings

Token configuration

The Tax/Fee is applied only if the sender address is different than the tax recipient address

It takes approximately 10 seconds to create the tokens after you confirm. The token will be automatically transferred to the address of the creator/owner after the creation is successful.
To create a token, Connect Wallet first

peaq ERC20 token generator FAQ

peaq peaq is a Layer 1 blockchain purposely built and optimized for DePINs (Decentralized Physical Infrastructure Networks) and Machine RWAs (Real World Assets). Leveraging parallelized block production, asynchronous backing and agile core time, the network is capable of scaling to 10,000 TPS (transactions per second) and will be capable of scaling beyond 100,000 TPS post upgrade, while maintaining a minimum transaction cost of approximately $0.00025. peaq leverages the most environmentally friendly blockchain architecture available and the largest (Ethereum) and second-largest (Substrate) developer ecosystems in Web3.

Creating a token on peaq can be done with a user-friendly token generator like Token Tool. Token Tool allows you to create custom peaq tokens by setting parameters like token name, symbol, supply, and other customizable features. Once you complete the form and confirm transaction, the smart contract is automatically deployed on the peaq blockchain, and your token is created without needing any coding expertise.

Yes! Token Tool eliminates the need for coding or technical expertise. With a simple and intuitive interface, anyone can create tokens on peaq by just entering basic parameters. The platform handles the smart contract generation and deployment, making the token creation process straightforward, even for beginners.

Yes, Token Tool offers a feature where you can set a custom contract name for your token. The contract name must be in PascalCase format (e.g., MyPeaqToken) and does not contain any spaces.

Using a peaq token generator simplifies the process of creating and deploying tokens without needing to manually code smart contracts. Token generators like Token Tool offer customizable options, allowing you to tailor token features to your specific needs. You can create tokens quickly and cost-effectively using well-audited, secure smart contracts, ensuring a reliable deployment process.

To add a logo or update information about your peaq token, you can follow the process outlined in the peaq network block explorer. Usually, this involves submitting a request to the block explorer support team, who will approve your submission and grant access to update the token information, including the logo.

Yes, you can define a total supply cap during the creation process by using Token Tool's “Set Total Supply Cap” feature. This ensures that your token has a fixed supply, which cannot be altered once the token is deployed, providing scarcity and intrinsic value to the token.

Yes, when creating a peaq token, you can enable minting and burning capabilities. These features allow you to adjust the total supply of the token after it has been created. For example, you can burn tokens to decrease the supply or mint new tokens if needed (provided the total supply cap allows it).

You can track the total supply and circulation of your token by entering its contract address in the peaq network block explorer. Additionally, Token Tool provides easy access to managing and tracking tokens under the “Manage Token” section.

Yes, ERC20 tokens created on peaq can be integrated into decentralized finance (DeFi) applications withing the peaq ecosystem. These tokens can be used for lending, borrowing, staking, and liquidity provision in DeFi protocols, enabling your token holders to engage with various DeFi services.

Some properties like the token name and symbol cannot be altered after the token creation and deployment. However, if features like “Can Mint” or “Has Document” are enabled during token creation, these properties can be managed and modified post-deployment through the "Manage Token" function.

You can configure transaction taxes and fees by enabling the “Charge Transaction Tax / Fee” feature when creating your token. You can also customize the fee rate, and choose a recipient wallet for collecting the fees.

Yes, Token Tool allows you to create reflection tokens that reward holders by enabling the “Apply Holder Rewards” feature during token creation. You can define the percentage of transaction fees allocated to holders, incentivizing them to keep their tokens.

You can enable the “Max Number of Tokens Per Address” feature during token creation. This feature limits the number of tokens a single address can hold, helping you implement whale protection measures and ensure a fair distribution of tokens across the network.

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