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      • 📖Token Minter Guide
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On this page
  • First, connect your wallet
  • Token details
  • Initial Balance
  • Admin Wallet
  • Marketing Details
  • Post token creation
  1. SEIYAN Tech
  2. Token Minter

Token Minter Guide

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Last updated 1 year ago

First, connect your wallet

You will then be greeted with this page, where you can fill in details for the token

Let's go over each input and what it means

Token details

  • Token name: Can be anything

  • Token symbol: Must only contain letters

Initial Balance

  • Wallet Address: Enter the wallet with which the initial supply will be sent to

  • Amount: Enter the number of initial tokens you want to mint

    • Note: We automatically add six zeros for decimals, so you can simply type the number you want.

    • For example, to mint 1 000 000 tokens, type 1 000 000 as shown below

DO NOT ENTER ANY TEXTS INTO THE AMOUNT SECTION OR THE TOKEN CREATION WILL FAIL AND WE WILL NOT PROVIDE ANY REFUND.

Admin Wallet

  • Admin wallet is the wallet that will have permission to mint new tokens

  • If max supply cap is more than initial balance, then the admin wallet can mint new tokens

    • For example, you minted 1 000 000 tokens to address A and the max supply is 2 000 000 tokens. Then the admin wallet can mint another 1 000 000 to any wallet he wants.

    • Example of a failed token creation:

DO NOT ENTER ANY TEXT INTO THE MAX SUPPLY CAP SECTION OR THE TOKEN CREATION WILL FAIL AND WE WILL NOT PROVIDE ANY REFUND.

Marketing Details

  • Marketing details are sometimes used by projects to retrieve information about tokens automatically. However, in some cases such as astroport and compass, you need to manually submit a pull request for your logo to show up.

  • For more information on doing a pull request, please contact astroport or compass.

Post token creation

Q: Where can I see my token?

A: After minting, you will be shown a pop up with transaction ID and a link to seiscan. Follow the link, go to “Contract Instance”, copy the contract address and add it to your compass wallet.

Q: How can people trade my token?

A: You will need to provide liquidity to a decentralized exchange (DEX) to enable trading. Astroport is one of the DEX on sei, with many coming soon.

Q: How much should I provide to the liquidity pool (LP)?

A: The amount of LP depends on how much you are willing to provide. Please do your own research and pick an LP size that is best suited for your needs.

We suggest setting initial balance = max supply cap if you don’t know how to mint more using seiscan. Otherwise, check out CW20’s documentation here:

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https://github.com/CosmWasm/cw-plus/blob/main/packages/cw20/README.md#messages-2
Token creation failed due to wrong supply cap