BAC-L2-COSMOS-112Cosmos SDK
Tokens, issuance and the monetary model
Defining an application chain's unit of account: denominations, precision, issuance, and the mistakes you cannot walk back.
- Level
- L2 — Appchain developer
- Duration
- 3 h
- Track
- Cosmos SDK
- Maintainer
- Cosmos Lead Architect
Learning objectives
- 01Define denominations and display precision
- 02Configure a coherent issuance policy
- 03Track total supply and verify its conservation
Guided lab
Configure your chain's token and verify supply conservation after a thousand transfers.
Independent lab
Model the five-year effect of an issuance rate on holder dilution.
Security angle
Unauthorised minting: verify that only the intended origin can create value.
Assessment
Documented monetary model with an automated conservation check.