Launch Tokens In Minutes With ERC20 Generator

There are only 5 simple steps if you want to create ERC20 token online:

1. Open your ERC20 token generator. Created by CPI Tech specialists, this platform will offer the most diverse customization options for your token's functionality and features.

2. Define token details, like a catchy token name and a concise token symbol (e.g., BTC for Bitcoin). Additionally, you'll need to define the total supply of tokens that will ever exist and the number of decimals (e.g., 18 decimals for most tokens representing divisible units).

3. Set ERC20 token functionality like whether they can be permanently removed from circulation, created after initial token distribution,  transferred between different Ethereum and other wallets, or divided by various roles (e.g., admin, minter, burner) with specific permissions within the smart contract. 

4. Deploy your token with your ERC20 generator. Depending on the platform we'll create, you might need to connect your Ethereum wallet, pay network gas fees (transaction costs), and confirm the deployment process. Gas fees are essential for compensating miners who validate transactions on the Ethereum blockchain.

5. List your ERC20 token on an exchange with decentralized finance (DeFI). If you want to join some centralized exchanges, you might also need to provide additional information.

It’s the total number of tokens is created during deployment from your token generator ERC20 that cannot be changed afterward. This ensures scarcity and potentially increases value over time.

It’s somewhat similar to the fixed supply type, but the total number can be set as a maximum limit. Tokens may be minted up to this limit but no further.

It’s when the total number of tokens can be increased indefinitely by the owner(s) or a designated entity.

It means that only one address controls the token supply (minting and burning) and potentially other ERC20 token functions.

It’s the type of tokens, in which ERC20 address generator programmed their ownership to be transferred to other addresses. It enables centralized control or distributed ownership models.

These tokens can create various roles (e.g., admin, minter, burner) with specific permissions within the smart contract, enabling more granular control over ERC20 token actions.

The ability to burn or mint your tokens depends on how you use ERC20 contract generator to configure the smart contract that governs your ERC20 token. However, there are several common options.

For Burning:

• Owner Only, which is set by default and allows only the smart contract owner (often the initial creator) to burn tokens.

• Specific Role, which means creating a specific role within the smart contract (e.g., "burner") with the permission to burn tokens.

• Unburnable, which means tokens cannot be removed from circulation.

For Minting Tokens:

• Owner Only, where only the owner have the authority to mint new tokens.

• Specific Role, where only designated roles within the contract (e.g., "minter") can mint new tokens.

• Capped Supply, which limits tokens to a certain amount defined during deployment. Once the cap is reached, no further minting is possible.

• Unmintable, where no new tokens can be created after the initial supply.

Token recovery is a unique code or password for your ERC token generator. It aims to provide a quick security solution if you lose the original login credentials associated with your deployed ERC20 token contract.