Linea is an Ethereum Layer-2 (L2) blockchain solution developed by Consensys, designed to enhance scalability and efficiency through zero-knowledge (zk) rollup technology. It aims to provide a secure and decentralized environment for decentralized applications (dApps), leveraging the Ethereum Virtual Machine (EVM) for compatibility with existing Ethereum applications.

Creating ERC-20 Tokens on Linea L2

Creating your own ERC-20 token might sound complex, but with the CoinFactory, this becomes a simple process that does not require knowledge of the Solidity language. In this guide, we’ll walk you through the essential steps to create your ERC-20 token, from understanding the basics to deploying it on the Linea network.

Once your token is deployed on the network, the code of smart contract will be immediately verified by LineaScan.

Step 1: Visit CoinFactory Linea Token Generator

Step 2: Connect your wallet

Start by connecting your wallet to the CoinFactory Generator page. You need to connect the account that will be the owner of the smart-contract and where the initial token supply will be initiated. If you don’t have such a wallet, you can consider popular and secure options like MetaMask and Trust Wallet.

Step 3: Choose a contract template

Next, choose a contract template based on the functional requirements of your project and fill in the mandatory fields in the token creation form.

There are three most popular templates:

1. Standard Token: This type of contract comes with all the standard features of the ERC-20 standard.
2. Essential Token (Popular): Includes the basics from the ERC-20 standard, plus extra features! Customize your token by setting supply limits, ownership parameters, and even consider its mintable, burnable, pausable, and blacklist functionalities.
3. Taxable Token: This versatile token, built on the ERC-20 standard, blends essential features with added flexibility. Tailor your token by enabling automatic tax or fee deductions from transactions.

Step 4: Define Token Details

Next, you’ll be prompted to define the details of your ERC-20 token. This includes information such as the token name, symbol, total supply, and decimals. Take your time to carefully consider these details as they will define the characteristics of your token.

After filling out the form, click the “Create token” button, and you will see a confirmation form. Please double-check the data before confirming because once the contract is deployed on the blockchain, changes become impossible. If everything is filled out correctly, click “Deploy contract” and confirm the transaction in your wallet.

🎉Congratulations! Your own ERC-20 token has been successfully created. You can visit LineaScan to verify that the token minting to the contract owner’s address was completed successfully.