Step-by-Step Guide to Creating an ERC-20 Token

1. Define Your Tokenomics

Before writing any code, you need to determine key attributes for your token:

• Name & Symbol: Choose a recognizable brand identity.
• Total Supply: Define how many tokens will exist.
• Decimals: Typically set to 18 for ERC-20 tokens.
• Additional Features: Consider minting, burning, staking, or governance.

2. Write the Smart Contract

You can use Solidity, the most common Ethereum smart contract language, to write an ERC-20 contract. Here’s a basic example:

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.0;
import "@openzeppelin/contracts/token/ERC20/ERC20.sol";

contract MyToken is ERC20 {
    constructor() ERC20("MyToken", "MTK") {
        _mint(msg.sender, 1000000 * 10 ** decimals());
    }
}

3. Deploy the Smart Contract

You can deploy your contract using Hardhat, Remix, or Truffle. If you want a no-code solution, online platforms can handle deployment for you.

4. Verify and List Your Token

Once deployed, verify your smart contract on Etherscan and consider listing your token on decentralized exchanges like Uniswap.

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