RAKE Token

The RAKE token is an advanced crypto token running natively on the Solana blockchain.

Formula 1 Grade Token

 

RAKE token is ultra fast for value transfers across the world.

Settles less than a second and costs less than a cent.

Every aspect of RAKE token is protected by multi-signatures.

 

RAKE Token Specification:

Token Name: RAKE
Token Symbol: RAKE
Blockchain: Solana
Token Type: SPL
Token Address: C8uDXHquGdgk3zPKsewSY9JWRcDFXzrMYfqPhe8jNNpM
Decimals: 9
Maximum supply: 400 million RAKE tokens
Current supply: 100 million RAKE tokens

FAQs

NOTE: For this guide we'll create the required accounts and do all transactions via command-line. You may try to manage wallets via browser extensions.

Install the Solana Tool Suite

Visit here to find the latest Mainnet version: https://github.com/solana-labs/solana/releases/ As of wrting this guide (May 31 2022), the latest Mainnet version is v1.9.25. Install the lastest Mainnet version. Please refer to here for installation instructions

Connect the Solana CLI to Mainnet

Check what cluster the Solana command-line tool (CLI) is currently targeting by running this: solana config get Connect the Solana command-line tool (CLI) to Mainnet by running this: solana config set --url https://api.mainnet-beta.solana.com

Create a personal wallet

Create your solana wallet by running this: solana-keygen new --no-outfile --word-count 24 You should get a result like this: ================================================== pubkey: ASpoPUxHpPvUygVixmDgnurSETdrQo3xWTbtRkoY7U5K ================================================== Save this seed phrase and your BIP39 passphrase to recover your new keypair: ghost fringe check work blanket source unknown rally horror lift tackle lucky panic sponsor entry process wild resist explain people acquire trust teach law ==================================================

 

NOTE: Write the seed phrase and passphrase on two seperate pieces of paper, do not take photos of them and store them in different locations.

The above “pubkey” is NOT your wallet address. It is the Root key that corresponds to “m/44/501”.

Run this to verify the generated pubkey: solana-keygen pubkey ASK The result of the above command MUST match the above root key ASpoPUxHpPvUygVixmDgnurSETdrQo3xWTbtRkoY7U5K Run this to generate the REAL Solana Wallet Address: solana-keygen pubkey prompt://?full-path=m/44/501/0/0 Result: 6bK8moUteHBuC4JPvBmikNiPAfJRgqWoGNnqcv7qgZge Verify the REAL Solana Wallet Address: solana-keygen verify \ 6bK8moUteHBuC4JPvBmikNiPAfJRgqWoGNnqcv7qgZge prompt://?key=0/0 Now, top up your wallet address with some (eg. 0.5) SOL, you need it to pay transaction fees. To top up, you may withdraw from an crypto exchange to your newly created wallet.

Create the USDT/USDC Token account

Create a USDT token account: USDT address: Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB https://explorer.solana.com/address/Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB Run this to create your USDT account: spl-token create-account \ --fee-payer prompt://?key=0/0 \ --owner <your wallet address> \ Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB NOTE: 'fee-payer' may be your personal Solana wallet address or another. 'owner' is your Solana wallet address to own the USDT token account. You should get a result like this: Creating Account: <your USDT token account> Signature: abc... We have now created a token account that can only hold USDT tokens. Note down <your USDT token account> address. Create a USDC token account: USDC address: EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v https://explorer.solana.com/address/EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v Run this to create your USDC account: spl-token create-account \ --fee-payer prompt://?key=0/0 \ --owner <your wallet address> \ EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v NOTE: 'fee-payer' may be your personal Solana wallet address or another. 'owner' is your Solana wallet address to own the USDC token account. You should get a result like this: Creating Account: <your USDC token account> Signature: abc... We have now created a token account that can only hold USDC tokens. Note down <your USDC token account> address.

Create the RAKE Token account

RAKE address: C8uDXHquGdgk3zPKsewSY9JWRcDFXzrMYfqPhe8jNNpM https://explorer.solana.com/address/C8uDXHquGdgk3zPKsewSY9JWRcDFXzrMYfqPhe8jNNpM Run this to create your RAKE account: spl-token create-account \ --fee-payer prompt://?key=0/0 \ --owner <your wallet address> \ C8uDXHquGdgk3zPKsewSY9JWRcDFXzrMYfqPhe8jNNpM NOTE: 'fee-payer' may be your personal Solana wallet address or another. 'owner' is your Solana wallet address to own the RAKE token account. You should get a result like this: Creating Account: <your RAKE token account> Signature: abc... We have now created a token account that can only hold RAKE tokens. Note down <your RAKE token account> address.

Transfer USDT/USDC tokens to another token account

USDT address: Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB https://explorer.solana.com/address/Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB USDC address: EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v https://explorer.solana.com/address/EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v To transfer USDT/USDC tokens to other accounts: spl-token transfer \ --fee-payer prompt://?key=0/0 \ --owner <owner of USDT/USDC token account address> \ --from <transferor USDT/USDC token account address> \ <USDT/USDC address> <amount> \ <recipient USDT/USDC token account address> NOTE: You can only transfer USDT to another USDT token account, not to any different token account. The same applies for all tokens in Solana.

Transfer RAKE tokens to another token account

RAKE address: C8uDXHquGdgk3zPKsewSY9JWRcDFXzrMYfqPhe8jNNpM https://explorer.solana.com/address/C8uDXHquGdgk3zPKsewSY9JWRcDFXzrMYfqPhe8jNNpM To transfer RAKE tokens to other RAKE token accounts: spl-token transfer \ --fee-payer prompt://?key=0/0 \ --owner <owner of RAKE token account address> \ --from <transferor RAKE token account address> \ <RAKE address> <amount> \ <recipient RAKE token account address> NOTE: You can only transfer RAKE to another RAKE token account, not to any different token account. The same applies for all tokens in Solana.


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