Create Your Own Token
Guacamole makes it easy to create your own Solana-based tokens with our no-code systems. Support for SPL and Token2022 (SuperToken) Included.
Last updated
Guacamole makes it easy to create your own Solana-based tokens with our no-code systems. Support for SPL and Token2022 (SuperToken) Included.
Last updated
Definition: SPL Tokens are the Solana blockchain's equivalent of ERC-20 tokens on Ethereum. They are the standard token type for fungible and non-fungible assets on Solana.
Usage: Used for a wide range of purposes including DeFi applications, governance, and as utility tokens in various Solana-based projects.
Creation and Management: Created and managed using the Solana Program Library (SPL), which provides a standardized way to issue and handle these tokens.
Efficiency: Benefit from Solana's high throughput and low transaction fees.
Interoperability: Easily integrated into Solana's ecosystem, including wallets, exchanges, and other DeFi applications.
Definition: Token2022 refers to a newer standard for tokens on Solana, proposed as an enhancement or extension of the original SPL token standard.
Usage: Aimed at addressing specific limitations or requirements that emerged with the evolving blockchain landscape.
Advanced Features: Includes additional functionalities and improvements over the original SPL standard, such as more efficient token transfers, better cross-program invocations, and enhanced security features.
Standard Evolution: Token2022 is a progression or evolution of the original SPL token standard, potentially offering advanced features and improvements.
Adoption and Integration: SPL tokens are widely used and supported in the Solana ecosystem, whereas Token2022, being newer, may have limited adoption initially.
Feature Set: Token2022 is expected to include enhanced features and optimizations that are not present in the original SPL token standard.
