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Native Token Launch on Injective

Download injectived​

Download the injectived binary here.

Create a key​

injectived keys add gov
tip

The commands below refer to testnet. In order to use mainnet, make the following changes to all commands:

injective-888 > injective-1

https://testnet.tm.injective.network:443 > http://tm.injective.network:443

Create a tokenfactory denom​

injectived tx tokenfactory create-denom ak --from=gov --chain-id=injective-888 --node=https://testnet.tm.injective.network:443 --gas-prices=500000000inj --gas 1000000
tip
  1. In order to create a tokenfactory denom, you must pay 10 INJ.
  2. Tokens are namespaced by the creator address to be permissionless and avoid name collision. In the example above, the subdenom is ak but the denom naming will be factory/{creator address}/{subdenom}.

Submit token metadata​

By submitting the token metadata, your token will be visible on Injective dApps.

injectived tx tokenfactory set-denom-metadata "My Token Description" 'factory/inj17vytdwqczqz72j65saukplrktd4gyfme5agf6c/ak' AKK AKCoin AK '[
{"denom":"factory/inj17vytdwqczqz72j65saukplrktd4gyfme5agf6c/ak","exponent":0,"aliases":[]},
{"denom":"AKK","exponent":6,"aliases":[]}
]' --from=gov --chain-id=injective-888 --node=https://testnet.tm.injective.network:443 --gas-prices=500000000inj --gas 1000000
tip

This command expects the following arguments:

injectived tx tokenfactory set-denom-metadata [description] [base] [display] [name] [symbol] [denom-unit (json)]

Mint tokens​

injectived tx tokenfactory mint 1000000factory/inj17vytdwqczqz72j65saukplrktd4gyfme5agf6c/ak --from=gov --chain-id=injective-888 --node=https://testnet.tm.injective.network:443 --gas-prices=500000000inj --gas 1000000
tip

This command will mint 1 token, assuming your token has 6 decimals. Normally, ERC-20 tokens have 18 decimals and native Cosmos tokens have 6 decimals.

Burn tokens​

injectived tx tokenfactory burn 1000000factory/inj17vytdwqczqz72j65saukplrktd4gyfme5agf6c/ak --from=gov --chain-id=injective-888 --node=https://testnet.tm.injective.network:443 --gas-prices=500000000inj --gas 1000000
tip

This command will burn 1 token.

Change admin​

injectived tx tokenfactory change-admin factory/inj17vytdwqczqz72j65saukplrktd4gyfme5agf6c/ak NEW_ADDRESS --from=gov --chain-id=injective-888 --node=https://testnet.tm.injective.network:443 --gas-prices=500000000inj --gas 1000000
tip

This command will change the admin address, the new admin can mint, burn or change token metadata.