Creating a Token

You can create a brand-new SPL token directly from the SimplyVest platform. The token will be minted on Solana and automatically linked to your organization.

How to create

1. Go to your organization dashboard
2. Click Create Token (shown if no token is attached)
3. Fill in the details:
   • Name — the token name (e.g., “Acme Equity”)
   • Symbol — the ticker symbol (e.g., “ACME”)
   • Decimals — decimal places (default: 9, matching Solana standard)
   • Total Supply — the total number of tokens to mint
   • Image — optional token icon (PNG, JPEG, WebP, or SVG)
4. Sign the transaction with your wallet

The platform will:

1. Upload the image (if provided) to IPFS/Arweave
2. Create the token metadata
3. Mint the total supply to your wallet
4. Link the token to your organization

Token creation costs

Creating a token requires SOL for:

• Token mint account rent exemption
• Metadata account rent exemption
• Transaction fees

On mainnet, this is typically less than 0.01 SOL. On devnet, you can use the Solana faucet to get free devnet SOL.

Requirements

• You must be the owner of the organization
• The organization must not already have a token linked
• Your wallet must have enough SOL for rent and fees

After creation

Once the token is created:

• It appears on your organization dashboard
• You can vest it to members
• The token info (name, symbol, mint address) is visible to all org members