Token Tool by Bitbond

Create ERC20 Token on Optimism

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

Basic settings

Token configuration

Security token configuration

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.
You have to Connect Wallet before creating a token

Optimism ERC20 Token Generator FAQ

Optimism is a layer 2 scaling solution for Ethereum, designed to improve the scalability and performance of the Ethereum blockchain. It aims to address the issues of high transaction fees and slow confirmation times that have been associated with Ethereum's mainnet. ERC20 stands for “Ethereum Request for Comments 20”, and it is the most common token standard used for creating and implementing tokens on the Ethereum blockchain. ERC20 tokens are fungible, meaning that each token is identical to another and can be easily exchanged on a one-to-one basis.

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.

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.

Using an ERC20 token generator has various benefits for users looking to easily create and deploy tokens without coding their own smart contracts. The token creation and deployment process is automated and significantly simplified. Our token generator provides customizable options, allowing you to tailor your token features based on your needs and requirements. Token Tool enables you to easily, compliantly, and cost-effectively leverage audited, bank-grade smart contracts, with a proven track record.
Did you create an ERC20 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. Keep in mind that It is done independently of Token Tool. You have to submit a form via the block explorer by providing additional information about your token and project. Once their support approves it, you will receive access to update token information accordingly.
Yes, you can set a limit on the total supply of your ERC20 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 if enabled.
You can easily track your ERC20 token’s total supply by simply pasting the contract address of your token in the search bar of the Optimism Network Explorer. You can also find information related to your token under the Manage Token function after selecting the respective token from the drop down menu or simply by pasting the contract address of your token in the designated field.
Yes, you can use your ERC20 tokens in decentralized applications (dApps) on the Optimism blockchain. The Optimism network offers a wide range of DeFi protocols and platforms that accept ERC20 tokens for various financial activities. Some use cases include lending, borrowing, liquidity provision, and yield farming. By integrating your ERC20 token into DeFi protocols, you can unlock opportunities for your token holders to participate in decentralized financial activities.

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.

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.

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