How To Create A Solana Token + Liquidity Pool (NO CODE BEGINNER GUIDE)–Summary

Introduction

This tutorial demonstrates a straightforward method for creating a Solana token and liquidity pool without any coding required. Using Orion tools and a Phantom wallet, the process is designed to be accessible for beginners.

Steps to Create a Solana Token

1. Wallet Preparation: Start with a Solana wallet, such as Phantom, installed and ready to use.
2. Navigate to Orion Tools: The website serves as the platform for creating the token.
3. Connect Your Wallet: Ensure your Phantom wallet is linked to Orion tools.
4. Token Creation Process:
   • Input your token’s name (e.g., Baby Dino Coin) and symbol (e.g., BDC).
   • Decide on the decimals (recommended: 9) and supply (e.g., 50 million for the tutorial).
   • Upload an image for the token.
   • Optionally, add a description for your token.
   • Finalize by creating the token, which costs about 0.5 Solana.

Additional Setup Steps

• Revoke Freeze Authority: This action allows the addition of liquidity to the token.
• Revoke Mint Authority: Ensures no additional tokens can be minted, adding security.

Creating a Liquidity Pool on Radium

1. Market Creation: Before adding liquidity, you must create a market for your token by using its contract address on Radium.
2. Base and Quote Tokens: Choose your token and a quote token (e.g., Solana) for pairing.
3. Setting Prices and Sizes: Adjust the minimum order size and price tick size based on your token’s supply.
4. Finalize Market Creation: The process requires a fee of about 2.8 Solana.

Adding Liquidity

1. Navigate to Liquidity Section: On Radium, find the section for adding liquidity.
2. Use Your Market ID: Input the ID you received after market creation.
3. Decide Liquidity Amounts: Choose how much of your token and Solana you want to provide as liquidity.
4. Launch: Complete the setup, making your token ready for trading.

Concluding Steps

• After setting up the liquidity pool, your token can be traded on the Solana blockchain.
• The tutorial highlights the importance of community engagement, security measures, and strategic marketing for the success of your token.

Conclusion

Creating and launching a Solana token, including setting up a liquidity pool for it, can be achieved with minimal technical know-how. Following the steps outlined in the tutorial, users can introduce their tokens to the market, ready for trading and investment.