This topic provides an overview of Fungible Tokens Issuance.
Navigate to the tokenization menu using the following path:
Tokenization Landing Page > Tokenization >Fungible > View All Tokens.
Validate its address in the upper right of the screen.
Tokenization Landing Page à Create Token
Displayed as dropdown options in the token strategy field.
The newly created token will display under your token list (Tokenization > My Tokens).
This topic describes strategies you can implement with your Token.
The following describes the Permissions associated with each Token Strategy.
| Permission | Definition |
|---|---|
| View | You can view the balance of a wallet address holds for the selected token. Note: The view balance function has no correlation to DTCC ComposerX Factory; it is a general function which any token can support. |
| Approve | Approving a Token is the process of granting permission to a third party to execute a transaction on a Smart Contract for a set number of tokens on your behalf. |
| Burn | Burning tokens is the act of destroying or removing tokens from circulation. |
| Freeze | Freezing a token restricts the ability to use or transfer the token for a set period within a specific account or wallet. The token is unusable within that particular account or wallet until it is unfrozen. |
| Pause | Pausing a token restricts the ability to use any token functions across all users, wallets, and accounts. The token is unusable until it is unpaused. |
| Clawback | A Clawback refers to when an existing token is canceled and replaced with an alternative token. |
| Master Allow List | A Master Allow List is an aggregate of selected Allow Lists. You can create multiple Master Allow Lists composed of overlapping Allow Lists depending on your compliance strategy. |
| Transfer | The process of transferring a token from one wallet to another wallet. |
| Mint | The process of creating new units of an issued token, akin to creating additional asset shares in traditional rails. |
| Unfreeze | The process of unfreezing a token that’s been frozen. |
| Unpause | The process of unpausing a token that’s been paused. |
| Allow List | An Allow List is a distribution list of whitelisted tokens. |
Use the Basic ERC20 Token strategy to create tokens with standard ERC20 functionality.
Go to: Tokenization Landing page > Basic Create token > Fungible > Create Token > Token Strategy drop down > Basic
The Basic Token Strategy provides the following permissions:
The Controlled ERC20 Token strategy includes all functionality of the Basic token strategy. It also provides the ability to grant the issuer control rights over the token, allowing authorized wallets to pause token transfers and freeze one or more wallet addresses.
Go to the Landing page > Tokenization Fungible > Create Token > Token Strategy drop down > Controlled
The Controlled Token Strategy provides the following permissions:
The Revocable ERC20 Token strategy includes all the functionality of the Basic and Controlled ERC20 token strategies. It also includes the ability to perform clawback operations, allowing an authorized wallet to move tokens from a holder's wallet to a designated address.
Go to the Landing page > Tokenization > Fungible > Create Token > Token Strategy drop down > Revocable
The Revocable Token Strategy provides the following permissions:
The Revocable Compliance ERC20 Token strategy includes all the functionality of the Basic, Controlled, and Revocable ERC20 token strategies. It also includes the ability to plug -in an Allow List Compliance smart contract. This optional feature extends compliance functionality by ensuring that only Allow Listed addresses can transfer tokens.
Go to the Landing page > Tokenization > Fungible > Create Token > Token Strategy drop down > Revocable Compliance
The Revocable with Compliance Token Strategy provides the following permissions:
This topic describes the steps to Mint and Burn Tokens.
In the Mint Tokens pop-up, enter the account address to which you want to mint tokens.
From the Burn Token pop-up, enter the account address from which you want to burn tokens.
In the Burn Token pop-up (if applicable), enter token amount and click Burn.
Click Confirm to sign the operation with your wallet. A confirmation screen appears when the transaction is complete.
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