Back
March 15, 2024
Read Time
Developers
Built on Root
How to Create a Fungible Asset
Create, mint, and manage a fungible asset on The Root Network.
Create, mint, and manage a fungible asset on The Root Network.
Table of Contents

Overview

The Root Network comes with pre-built pallets that make fungible asset management easy and intuitive, highly optimized for efficiency and stable transaction fees. Additionally, fungible assets on The Root Network are ERC-20 compatible, once created they are tradable on both native and EVM layers.

The following guide will walk you through how to create, mint, and manage a fungible asset using The Root Network Portal.

Requirements

  • An account with 100 ROOT to reserve the asset in the chain storage and at least 0.1 XRP for initial asset creation.

Latest Articles

A practical data layer for the open metaverse

Combine Data Sylos and verification to make assets discoverable, permissioned, and cryptographically authentic.

PFL Takes Fan Loyalty On-Chain Through New Rewards Platform

A new benchmark for the sports industry, showing how major leagues can turn global audiences into loyal communities without adding friction.

Meet Lum3n: Launch Collections Without Code

Now live on testnet and mainnet, Lum3n simplifies every step of launching NFT, SFT, and POAP collections.

Related Articles

Marketplace Development Journey

From Substrate fundamentals to the complexities of storage migrations, our latest blog post takes you on a journey through the design and development of The Root Network's custom Marketplace, NFT and SFT Pallets.

FuturePass Early Access Launch

Futureverse launches FuturePass, your passport through the open metaverse, built on The Root Network.

The Root Network is Upgrading to Substrate v1.0.0

The Root Network Substrate framework upgrade is moving to Porcini, plus new Devnet is now live.

All content on this website is the property of CNZFV Ltd or its licensors or associated companies and is protected by copyright, trade marks (whether registered or not) and other applicable laws.

This website is licensed and operated by CNZFV Ltd on behalf of The Root Network community. The contents and opinions of this website do not necessarily reflect the opinions of CNZFV Ltd. This website may include links to projects, dApps and third-party services etc., and CNZFV does not warrant that the information available from these is true, correct, complete or up-to-date (or similar) or accept responsibility for anything in connection to them. By using or accessing this website (or similar) you expressly waive any claim for any loss, damage or cost that you may incur from using or accessing this website or by using or accessing links to projects, dApps and third-party services etc., available on this website.