[Website] Token Productization Docs #5575
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MartinMinkov
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Preview: Built with commit 56f48d0 |
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| Using the Coda CLI (command-line interface) is the primary way to create new token accounts, create new tokens, and mint tokens on the Coda blockchain. | ||
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| In this section, you will find out how to use the Coda CLI to create new tokens, create new token accounts, and mint non-default tokens! |
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This sentence is a little repetitive given the prior one. Can we combine these somehow?
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| ## Creating Tokens | ||
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| With the CLI, you are able to create your own layer 2 tokens! Layer 2 tokens are a new type of token that is introduced to the Coda blockchain. These new types of tokens have a unique identifier that differentiate them from all other tokens in the blockchain. Users with an associated token account can then receive/send this new type of token that is totally separate from the native Coda token itself! When you create a new token, you are then able to mint more of the token to be used (see below in Minting Tokens). |
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We want to avoid the language "layer 2 tokens" because people may get confused that this is similar to a layer-2 protocol. Can we call this "tokens on Coda"?
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Note: please update "layer 2 tokens" elsewhere in the doc as well.
| When creating a new token, a new token ID is created as well as a token account public key. This token account owns the token and can mint more of the token. The account will also (eventually) have the power to enable/disable accounts, and to set whether new accounts may be created for the token. | ||
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| There is a fee to create a new token. The fee is the amount you are willing to pay to process the transaction. If this flag is not specified, the default value is 5 Coda. Additionally, the fee for creating the new token account is charged in addition to the transaction fee. |
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Can we change the first sentence so as to not bury the lede as much? Maybe: "Creating new tokens requires an additional fee on top of the ever-present transaction fee"
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| <Alert> | ||
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| The CLI requires that the token-owner to be passed explicitly. If the token owner is not given, the CLI will query to find the token owner. If no owner is found, the command will fail with an error. |
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nit: The CLI doesn't require the token-owner be passed explicitly (otherwise we wouldn't need a default)
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| ## Creating Token Accounts | ||
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| With the CLI, you are able to create a token account for existing tokens. Token accounts are like regular accounts but solely meant to interact with the layer 2 tokens that exist in the Coda protocol. There is a unique token account for each type of token you wish to interact with. |
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There is a unique token account for each type of token you wish to interact with.
You must create a separate unique token account for each type of token you wish to interact with
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!ci-build-me |
MartinMinkov
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moved too #5754 |
This PR adds the docs page that will be used for tokens.