ERC314 is an experimental Ethereum token standard designed to reduce transaction costs and simplify token swaps, particularly for meme coins and small-scale transactions. Its core idea is to minimize on-chain interactions to save on Gas fees while providing Automated Market Maker (AMM) functionality similar to Uniswap—without relying on external DEXs.

GTokenTool is a multi-chain (e.g., BSC, Solana, ETH, TON) token creation tool that allows users to mint and manage tokens via a visual interface, no coding required.

Preparations for 314 Protocol Token Deployment

  1. Install and Set Up a Wallet

    • Recommended wallets: MetaMask, TokenPocket, or Trust Wallet.

    • Ensure the wallet is connected to the target blockchain (e.g., Binance Smart Chain, BSC).

    • Have enough native tokens (e.g., BNB) in the wallet to cover Gas fees.

  2. Access GTokenTool Platform

    • Visit the GTokenTool website

    • Log in using a Web3 wallet (e.g., MetaMask). Click "Connect Wallet" in the top-right corner and select the BSC mainnet or testnet.

  3. Understanding the 314 Protocol

    • The 314 protocol likely refers to a token creation mode supported by GTokenTool (check platform docs for specifics).

    • Features may include batch transfers and PancakeSwap V2 liquidity pool integration but not features like holder dividends.

    • Pay close attention to permission settings (e.g., minting, burning, blacklisting), as they are critical for token security.

314

Step 1: Create a Token

  1. Navigate to Token Creation Page

    • After logging in, select "Create Token" from the dashboard.

    • Choose the target blockchain (e.g., BSC).

    • If using a testnet, switch to the BSC testnet and obtain test tokens via GTokenTool’s faucet (if available).

  2. Fill in Token Details

    • Token Name: e.g., "G TOKEN"

    • Token Symbol: e.g., "GTK"

    • Total Supply: e.g., 100,000,000

    • Decimals: Typically set to 18 (BSC standard).

  3. Permission Settings

    • Configure carefully (e.g., minting, burning, blacklist control).

    • Important: Do not revoke permissions (e.g., mint/burn) prematurely—ensure token logic is finalized before relinquishing control (via "Revoke Token Authority" if needed).

  4. Upload Metadata (Optional)

    • Add a token icon (PNG/JPG/GIF format) for display in wallets/exchanges.

  5. Confirm and Pay Gas Fees

    • Click "Create" or "Confirm Deployment."

    • Approve the transaction in MetaMask and pay the Gas fee (check Etherscan Gas Tracker for optimal low-fee times).

  6. Completion

    • Once confirmed, the token will deploy on BSC. Verify the contract address on BscScan.

Summary

Using GTokenTool’s 314 Protocol, you can quickly:

  • Deploy tokens on BSC.

  • Execute batch transfers.

  • Add liquidity to PancakeSwap V2 (though caution is advised).

Key Reminder: Proper permission management is crucial—only revoke control after confirming the token’s logic is flawless.

GTokenTool offers a user-friendly, multi-chain solution.