Solana has introduced a new feature called 'token extensions' to its blockchain platform, aimed at enhancing the functionality of tokens on its network. Announced by Solana Foundation (SolanaFndn), these extensions provide developers with advanced configurable options to create customized token experiences, specifically designed to meet business compliance needs. The rollout includes 13 advanced configurable extensions to the SPL token standard, such as transfer hooks, transfer fees, and confidential transfers. This development is expected to empower developers to build more rapidly and offer a new design space for tokenization. The token extensions are seen as a step forward for businesses and institutions looking to tokenize real-world and digital assets with compliance and reporting requirements in mind. Wallet service Solflare announced support for storing and trading of Token Extensions, and the Matrica Ecosystem has officially supported Token Extensions as well.
.@solana rolls out "token extensions" that add compliance options for token developers. https://t.co/nKCvhF9zms
Future of Tokenization 🤝 @solana We are excited to announce Token Extensions are now officially supported within the Matrica Ecosystem 🔳 Matrica will continue to implement the new standards on Solana that unlock more potential for builders & move the ecosystem forward 💜 https://t.co/XHXm1Z6fyP
Token extensions are here - and they mean big things for businesses building on Solana 🧵 https://t.co/YfC7n62Y49
Minting the @solana DevList token is officially live, and using the new token extensions program! 💜 We now call upon the ecosystem to participate in this historic moment: Any business, product, or platform that wants to engage the DevList Please fill out the form below 👇 https://t.co/1mlRCMI7rx
Solana’s Token Extensions fundamentally change the game for what’s possible on public blockchains. OK, but how? Token extensions were designed specifically with large enterprises and institutions in mind. Now, businesses can execute payments and tokenize assets on a public… https://t.co/MF7wu1Uj1Y
ICYMI: Solana Foundation releases token extensions for SPL token standard on Solana network https://t.co/QNJkJifNP9
.@solana releases token extensions for customizing the behavior and economics of their tokens to help developers and enterprises more easily meet compliance obligations, @httpsageyd reports. https://t.co/aFcAbnNO4Q
Solana is coming for enterprise with token extensions Token extensions allow customization around the SPL token standard: - Privacy features (don’t show amt, sender, etc) - If-this-then-that logic (e.g. automatically forward 5% of the txn value to this address) - Revoke… https://t.co/XcqNo4tu8C
A new tokenization era on @solana has just begun! It’s a perfect moment for devs and projects to jumpstart their tokens thanks to Solana's #TokenExtensions community toolkit. Solflare supports the storing and trading of Token Extensions 🤝 https://t.co/veLitohk0D
The Solana blockchain is elevating its token functionality with the launch of token extensions https://t.co/ZWC61Y9tky
the product implications of token extensions on @Solana are enormous! my two favorite ones are transfer hooks and confidential transfers transfer hooks are powerful enough to create permissioned tokens on the permissionless @Solana network, including things like in-game gems… https://t.co/IhgwZaZX8B
Token extensions unlock new possibilities for Solana developers Particularly the Transfer hook and metadata extension pave the path for new standards and optionality with tokens that were previously not possible Looking forward to seeing what ya'll build https://t.co/xV5N6sYXPR
Token extensions unlock new possibilities for Solana developers Particularly the Transfer hook and metadata extension pave the path for new standards and optionality with tokens previously not possible Looking forward to seeing what ya'll build https://t.co/xV5N6sYXPR
Congrats, @solana, on this launch! We are excited about token extensions and can't wait to see this feature take off. 🚀 If you're building with token extensions, come chat with us. We've integrated Civic Pass and are looking to collaborate, especially with RWAs. https://t.co/mM0XERi5uO
I wrote this in Feb 2022 but the token extension program has evolved a lot since then, with many new valuable features apart from confidential transfers. I’m hoping to see it being adopted in Solana DeFi extensively. https://t.co/gcYl2gNjvh
Token extensions (formerly known as token22/supertoken) bring a step function increase in functionality to what tokens can be and what tokens can do on Solana. Purpose built for businesses with compliance/reporting/permissioned requirements, while getting all the benefits of the… https://t.co/orjyuUG4bh
1/ Introducing token extensions on @Solana — unlocking powerful new capabilities for businesses, institutions, and developers building tokenized real-world and digital assets. https://t.co/H5OKBTdCdZ🧵
1/ Introducing: Token extensions on Solana ⚒️🪙 13 advanced configurable extensions expanding the SPL token standard, such as: 👉Transfer hooks 👉Transfer fees 👉Confidential transfers Empowering developers to build quickly with a new design space🧑💻 https://t.co/FMj90lsvp3🧵
BREAKING: @SolanaFndn INTRODUCES “TOKEN EXTENSIONS”, THE NEWEST ITERATION OF THE @solana TOKEN PROGRAM https://t.co/Zj3F1pH2JS
1/ The future of tokenization is now: Introducing token extensions, ready-to-use advanced token functionality on Solana. https://t.co/zNw9qWgvjA Token extensions empower developers to rapidly build customized token experiences & designed to meet business compliance needs.🧵 https://t.co/dHkKoNS28X
BREAKING: @SolanaFndn INTRODUCES "TOKEN EXTENSIONS", THE NEWEST ITERATION OF THE @solana TOKEN PROGRAM - THE NEW FEATURES LET TOKEN DEVELOPERS HARD CODE VARIOUS RESTRICTIONS INTO THEIR ASSETS https://t.co/1HCFJkt3K8
NEW: @solana rolls out "token extensions" that add compliance options for token developers. @realDannyNelson reports https://t.co/5dYUZiJeOf