Developer Builds Three Token-2022 Mints on Solana Featuring Fees, Yield, and Transfer Locks

A developer participating in the 100 Days Of Solana challenge built three distinct token mints using Solana's Token-2022 program and its extension system. The first mint enabled transfer fees set at 1% per transaction, enforced at the protocol level for use cases like DAO treasuries and creator royalties. The second mint used an interest-bearing extension that displays a computed yield to users without actually minting new tokens or changing the total supply. The third mint was configured as non-transferable, with the Token-2022 program itself blocking any transfer attempts on-chain, making it suitable for identity credentials and membership passes. The project demonstrated that Token-2022 extensions allow developers to add advanced token behaviors without building custom smart contracts from scratch.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Discussion (0)
Log in to join the discussion and vote.
Log in