Transfer Fees, Metadata, and Soulbound Tokens: My First Real Token Experiments on Solana

A developer experimented on Solana devnet by creating fungible token mints, adding on-chain metadata, and using only CLI tools.

They enabled a 2% protocol-level transfer fee with Token-2022 and learned how Solana’s account model and associated token accounts work.

The author also tested a non-transferable “soulbound” token that rejected transfers, showing identity-like behavior at the protocol level.

The piece highlights how Solana token standards can support tokenomics and access-control features without custom backend or smart contract logic.