In this short tutorial I’ll be showing you how to create a fungible token on aeternity blockchain network.
In this tutorial you will create a AEX-9 (fungible token standard on aeternity) token in few easy steps.
Prerequisites:
- Waellet browser extension
Note: This will be a short tutorial on creating a fungible token with allowances.
Step 1. Go to waellet Utilities
section and select Fungible Tokens
![waellet_1](https://user-images.githubusercontent.com/13139371/62917304-6ba87880-bda4-11e9-9bc6-247205e70238.png)
![](https://hack.bg/wp-content/uploads/2019/10/Screenshot-2019-10-07-at-9.45.41.png)
Step 2. Click Deploy fungible token
button.
![waellet_3](https://user-images.githubusercontent.com/13139371/62917315-74994a00-bda4-11e9-8617-995a66cd5064.png)
Step 3. Fill the form with the details needed for the token – Token Name, Token Symbol, and decimals.
![waellet_5](https://user-images.githubusercontent.com/13139371/62917318-74994a00-bda4-11e9-86fb-78f698c5764d.png)
Step 4. Click deploy, confirm/sign the transaction and you are ready.
![waellet_7](https://user-images.githubusercontent.com/13139371/62917320-7531e080-bda4-11e9-90a2-9dd8ff03baec.png)
![waellet_8](https://user-images.githubusercontent.com/13139371/62917321-7531e080-bda4-11e9-985b-a6b61b0aeb8c.png)
The Allowances
section of waellet will allow you to interact with the contract and set allowances for addresses of your choice.
The Mint/Burn
section allows us to mint
(create new tokens) or burn
(remove tokens from circulation) tokens.
![](https://hack.bg/wp-content/uploads/2019/10/Screenshot-2019-10-07-at-9.51.09.png)
![](https://hack.bg/wp-content/uploads/2019/10/Screenshot-2019-10-07-at-9.52.55.png)
![](https://hack.bg/wp-content/uploads/2019/10/Screenshot-2019-10-07-at-9.53.08.png)
After confirming the transaction you’ve successfully minted tokens to the address you specified in the previous step.
Also published on Medium.