Issuing tokens on delta and defining Token Laws
Issuing tokens on the delta Network is simple. Fungible tokens and their token laws (e.g. allow/block lists) are supported natively.
Each fungible token or NFT collection exists on delta as a Token Mint, controlled by the issuing party and located on a domain. Creating a new token, issuing additional supply, or updating token laws are all handled with a single transaction which can be created with a HTTPS API and signed with a library; no need to deploy any smart contracts.
Token Laws
delta supports native token-level controls which cover the vast amount of compliance use cases. For each token, issuers will be able to define
- Allow/block-listed user addresses: Control which accounts can mint/transfer/receive the token.
- Allow/block-listed domains: Control which domains the token can travel to.
- Required credential: Only accounts with the required credential (such as a KYC NFT) can mint/transfer/receive the token.
