How To Create a Solana (.sol) Domain Name

Solana Name Service (SNS), previously known as Bonfida is the leading domain name platform in the Solana ecosystem, enabling anyone and everyone to create a custom .sol username. In this guide, we will explain what SNS is, how it works and an easy YouTube tutorial on how to get a custom Solana name.

What is Solana Name Service (SNS)?

Solana Name Service (SNS) is the leading domain name provider on the Solana blockchain and has integrated with many leading DeFi protocols within the ecosystem to enable users to make the most out of their .sol usernames.

Owning a unique custom domain on the Solana network eliminates the need for a wallet address. Instead of needing the long string of characters (e.g. aso56copas122adft4) to send/receive assets, users can now set up a username such as JohnDoe.sol, leaving less room for errors when transferring assets.

How Does Solana Name Service (SNS) Work?

The Solana Name Service (SNS) protocol enables anyone to create or buy personalised Solana usernames that can be used for personal use or trading. Users are allowed to own multiple domains and most likely trade them on popular Solana NFT marketplaces such as Magic Eden, Tensor and even the native SNS marketplace.

SNS Token ($FIDA)

Native to the SNS platform is the $FIDA token which has several utilities behind it. Firstly, those looking to set up an SNS username can use $FIDA tokens to purchase and acquire usernames at a 5% discount. Secondly, the $FIDA token gains access to reduced fee tiers when trading domain names. Thirdly, $FIDA has a token-burning mechanism and finally, it is used to govern the protocol.

How To Create a Solana (.sol) Domain Name [Solana Name Service Tutorial]

In this video, we will explain everything you need to know about SNS, how it works and how to set up and purchase your own Solana username so you can flash your new identity or trade it for more on the marketplace!

Official SNS Links

Solana Name Service (SNS) Website (Referral)

Solana Name Service (SNS) X

Jupiter Exchange Website (Referral)

Disclaimer

The content provided in this article is strictly intended for informational purposes. Nothing said in this article is financial advice. It is important to proceed with caution and diligence when using cryptocurrencies. Always invest what you are prepared to lose and remember that you are entirely responsible for your assets and investments. The author and the publication do not endorse or recommend any of the cryptocurrencies, protocols or strategies in this article.