Creating your own ERC20 (DeFi) Token

I recently went on the journey of creating my token for my utility app. Through it all, I learned a lot about the mechanics of creating and deploying tokens.

Here's some insights on what I learned, and some recommended approaches depending on who you are / what you're trying to achieve.

Didn't get a chance to get into some of the more nuanced points, such as setting price, setting presale price etc, though happy to elaborate if people are interested. Setting tokenomics was one area where I really struggled to find any good information.