🟢SPL 2022 (Apex Token)

Apex Contract (SPL 2022)

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Connect your Owner Solana wallet that contains SOL

SPL 2022 (Apex Token)

An SPL Token-2022 refers to a specific type of token on the Solana blockchain with added functionality compared to standard SPL tokens. SPL stands for "Solana Program Library," which sets the framework for creating and managing tokens on the Solana blockchain. The SPL token is similar to Ethereum's ERC-20 token standard, but with unique features that align with Solana's design and ecosystem.

What Makes SPL Token-2022 Unique?

While SPL tokens generally represent fungible assets on Solana, SPL Token-2022 takes a step further by introducing "token extensions." These extensions offer additional features, with the most notable being the ability to incorporate transaction fees, also known as "Tax Tokens."

Key Characteristics of SPL Token-2022

• Transaction Fees: SPL Token-2022 can have built-in transaction fees. This feature allows token creators to set a fee for transactions involving the token, which is deducted from each transfer. This mechanism is sometimes used to support project funding or to incentivize specific behaviors within a community.

• Standard Compatibility: SPL Token-2022 maintains compatibility with the standard SPL framework, meaning it can interact with other Solana-based projects and wallets without issues.

• Additional Functions: These tokens may also include other features, such as governance rights, staking capabilities, or specialized use cases unique to the project that issues them.

Benefits of the Transfer Tax

• Project Funding: By collecting a small fee on each transfer, you can create a source of funding for ongoing project development or other costs.

• Community Rewards: The collected fees can be redistributed to token holders or used for community incentives, encouraging engagement and loyalty.

• Discouraging Speculation: A transfer tax can help reduce speculative trading by adding a cost to frequent transactions, promoting a more stable token ecosystem.

Cost to Create a SPL 2022 (Apex Token): 2 SOL

Here is a step-by-step guide to creating a Solana token using the Roger Genesis Token Creator:

• Step 1: Access Roger Genesis Token Creator Visit the Roger Genesis Token Creator platform to start the token creation process. https://pad.rogerpad.finance

• Step 2: Connect Your Wallet Connect your Solana-compatible wallet to the platform. You will need this connection to interact with the Solana blockchain and complete transactions.

• Step 3: Pick your choice of Contract You have a choice of Prime (SPL 2020), PrimeSphere(SPL2022+) and Apex (Token 2022 with Transfer Taxes).

• Step 4: Enter the Name of Your Token Provide a unique name for your token. Make sure it's distinct and represents your project or brand.

• Step 5: Indicate the Abbreviation (Symbol) Enter an abbreviation for your SPL token, commonly referred to as the "symbol." The symbol should be between 1 and 8 letters.

• Step 6: Select the Number of Decimals Choose the decimal precision for your token. The most common choice is 6 decimals, but you can select other values based on your requirements.

• Step 7: Select the Token Supply Specify the total supply for your token. This is the maximum number of tokens that will be created.

• Step 8: Upload a Token Image Upload a logo or image for your token. The image should be in PNG format.

• Step 9: Write the Description Add a description that provides information about your token's purpose or use case. This is helpful for those learning about your token.

• Step 10: Transfer Tax Set Enter your desired transfer tax as a whole number ( for example for 5%, enter 5 ). Please note that the maximum (DEFAULT) is 10%.

• Step 11: Transfer Tax Set Enter the maximum fee per transaction that can be charged in token, not in %.

• Step 12: Transfer FEE Authority wallet Wallet to update fee, which is the owner wallet

• Step 13: Withdraw FEE Authority wallet Wallet to update fee, which default is the owner wallet

• Step 14: Optional Social Links Add links to your website, Twitter (X), Telegram, and Discord, if available. These links help build credibility and community around your token .

• Step 15-17: Optional Authority Management Decide if you want to make the token immutable, revoke freeze authority, or revoke mint authority. These options are for advanced token management and can increase security.

• Step 18: Enter a Different owner wallet (if needed).Enter the owner’s wallet address if different from the connected wallet to receive tokens.

• Step 19: Create the Token Click on "Create Token" to initiate the token creation process. Accept the transaction in your wallet to complete the process.

Please enter the following for the SPL 2022 token Transfer Tax only

TRANSFER TAX

• FEE% - Enter a pct(5) - Max to 10%

• Max Fee - Enter the maximum fee and a user can pay in tokens.

• Fee Authority - Enter the wallet address to update fees or authority

• Withdraw Auhtority - Enter the wallet to wothdraw fees.

After following these steps, your Solana token should be created and available in your wallet. Be sure to double-check all inputs before creating the token, as some changes might be irreversible.

Post Contract Creation Actions: Outline any additional actions or configurations needed after the token creation process is completed