Custom currency in FLOW

prutovitz · May 23, 2021, 8:37am

Hi everyone,

I am relatively new to FLOW. Can anyone tell me how I can create my own cryptocurrency within FLOW? I understand that it is possible but not entirely sure how it would work. Can anyone point me in the right direction?

Thanks!

j00lz · May 24, 2021, 5:08am

github.com

onflow/flow-ft/blob/master/contracts/ExampleToken.cdc

import FungibleToken from 0xFUNGIBLETOKENADDRESS

pub contract ExampleToken: FungibleToken {

    /// Total supply of ExampleTokens in existence
    pub var totalSupply: UFix64

    /// TokensInitialized
    ///
    /// The event that is emitted when the contract is created
    pub event TokensInitialized(initialSupply: UFix64)

    /// TokensWithdrawn
    ///
    /// The event that is emitted when tokens are withdrawn from a Vault
    pub event TokensWithdrawn(amount: UFix64, from: Address?)

    /// TokensDeposited
    ///
    /// The event that is emitted when tokens are deposited to a Vault

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prutovitz · May 24, 2021, 5:21am

Thank-you! This is very helpful!

flowjosh · May 24, 2021, 5:12pm

@prutovitz Welcome to the Flow community! It is great to have you here!

I would also recommend checking out the Fungible Token tutorial: https://docs.onflow.org/cadence/tutorial/03-fungible-tokens

and the fungible token standard repo docs: GitHub - onflow/flow-ft: The Fungible Token standard on the Flow Blockchain

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Custom currency in FLOW

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