Create FRC20 on Fantom
Security token configuration
Fantom FRC20 token generator FAQ
What is the Fantom blockchain and what are FRC20 tokens?
How do I create a FRC20 token with a token maker?
Instead of programming your own FRC20 smart contracts, you can simply use an FRC20 token generator. It requires you to have a web3 wallet such as Metamask, and sufficient funds to cover for the token creation fees. Token generators streamline the process of creating FRC20 tokens.
Bitbond Token Tool is a token maker that enables effortless token creation, by simply connecting to the Fantom network, and defining various parameters: name, symbol, total supply, and other customizable features. It’s as easy as filling in a form by carefully following instructions. The token maker then generates the smart contract code for you. The tokens get automatically deployed onto the Fantom network, and your digital assets are successfully issued after the transaction is processed.
Can I create an FRC20 token without any smart contract coding knowledge?
Yes, you can! Bitbond Token Tool was designed to spare users from technical hurdles. Using our token generator is the perfect solution, enabling you to leverage the true power of tokenization. Using Token Tool’s highly intuitive interface, you can benefit from pre-built smart contract templates while being guided through the token creation process.
Token makers eliminate the need for coding expertise, allowing individuals with limited technical background to create their own FRC20 tokens saving significant costs and time. You can even try it for free on the Fantom Testnet using “faucet” FTM.
What are the benefits of using an FRC20 token generator?
How do I add a logo to my FRC20 token?
Can I set a limit on the total supply of my FRC20 token?
How do I track the total supply and circulation of my FRC20 token?
Can I use my FRC20 token in decentralized finance (DeFi) applications?
Is it possible to change the properties of my FRC20 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 Fantom 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 FRC20 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 FRC20 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.