General
Features available in "General" section in 20lab.app token generator for ERC-20 tokens.
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Features available in "General" section in 20lab.app token generator for ERC-20 tokens.
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Blockchain field tells you about the blockchain you are currently connected to in your Web3 wallet. For example, if you are connected to BNB Smart Chain it will be shown in this field. This means that when you create your token, it will be deployed on that blockchain.
The token name field allows you to specify the name of your token which will be publicly visible after creation.
The token symbol is a shorter version of the name that is usually used to identify the token.
Token name and token symbol cannot be changed later!
The smart contract name is publicly visible after verification on Block Explorer and does not have to be the same as your token name. You can name your smart contract anything you want as long as your name is in the correct syntax, which can include: letters, digits and _ (underscore).
If you are not sure what name to use, you can use an automatically generated value from your token name.
Smart contract name cannot be changed later!
Initial supply is the amount of tokens minted at the start and sent to the selected address called "supply recipient".
If you don't select the "Mintable" feature in your token, the initial supply automatically becomes a total supply with no chance to increase it after deployment.
This feature adds an owner-restricted mint() function to the code. With this function, the owner can mint a certain amount of tokens to any address of his choice. This function works until the total supply of tokens reaches the max supply specified in the generation phase (see image above).
Max supply cannot be changed later!
Decimals is the number of decimal places a token can be divided into, ranging from 1 to 18. The most common value for all tokens is 18, which means that the smallest unit of your token will be 0.000000000000000001.
Decimals cannot be changed later!
The supply recipient is the address that will receive the initial supply of tokens after the token contract is created. By default, this is the same address as in currently connected wallet. The "Different supply recipient" option can be enabled to indicate that the initial supply should be sent to a different address instead of default.
The token owner is the address that controls all the owner-restricted functions in your token. By default, this is the same address as in currently connected wallet. This can be changed by enabling the "Different token owner" option to indicate that ownership should be transferred to a different address after token creation.
