Native Token and ERC20NativeToken
The IOTA L1 has functionality to create L1 tokens, also called native tokens. To use these native tokens on L2, you have
a ERC20 contract called ERC20NativeToken
. The following guides will show you how to create a foundry
that can mint your own L1 token from L2, and register it as ERC20NativeToken
,
so it can be used like any other ERC20 token with some additional features.