Question 1

How do I create a Solana tax token?

Accepted Answer

With CoinCook, you can create a Solana tax token in under 5 minutes. Connect your wallet, configure your token name, symbol, and tax rates (1% to 10%), choose your reward type (SOL, token reflections, or custom SPL token), then deploy. The tax is automatically collected on every transfer using Solana's Token2022 standard.

Question 2

What is a reward token on Solana?

Accepted Answer

A reward token on Solana automatically distributes a portion of transaction taxes to all token holders. CoinCook handles the entire process: collecting taxes, converting to the reward asset (SOL, the token itself, or any SPL token), and distributing to holders proportionally based on their balance.

Question 3

How much does it cost to create a token on CoinCook?

Accepted Answer

Creating a token on CoinCook costs 0.20 SOL (0.18 SOL platform fee + 0.02 SOL distributor wallet), which covers the token creation, on-chain metadata storage, and platform setup. Tool operations like revoking authorities, burning LP, and creating pools cost 0.10 SOL each.

Question 4

Can I create a liquidity pool on Raydium?

Accepted Answer

Yes! CoinCook includes built-in Raydium integration. After creating your token, you can create a CPMM liquidity pool, add liquidity, and even burn your LP tokens to permanently lock liquidity - all from our platform.

Question 5

What reward types are available?

Accepted Answer

CoinCook supports three reward types: SOL rewards (holders receive SOL directly), Token Reflections (holders receive more of the token itself), and Custom Token rewards (holders receive any SPL token like USDC or BONK).