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Create and Deploy Your First Token

This guide walks you through the process of building and deploying an ERC-20 token on Jovay, a fully Ethereum-compatible blockchain. If you're already familiar with using Hardhat to develop smart contracts, you'll feel right at home — Just write, build, and deploy like you always do. New to Hardhat? No problem. This document follows standard Hardhat practices and includes all the steps you need to get started with confidence.

By the end, you’ll have:

  • A working token contract
  • Experience deploying and verifying smart contracts
  • The skills to interact with your token on-chain

🧰 Prerequisites

Before starting, make sure you have:

  • Have Foundry InstalledFoundry
  • Node.js – Install from nodejs.org
  • Have an account with funds – You can get DEV tokens for testing on Jovay once every 24 hours from the Faucet
  • Access to Jovay Devnet or Testnet – To deploy and interact with your token, you will need to have your own endpoint and API key, which you can get from one of the supported QuickStart

Step 1: Set Up Your Project

  1. Download the example repository:
    bash
    wget 'https://web3-static-prod.oss-ap-southeast-1.aliyuncs.com/static/Jovay/JovayExamples.tar.gz'
    tar -xvzf JovayExamples.tar.gz
    cd JovayExamples/hardhat/ERC20Example/
  2. Install OpenZeppelin Contracts:
    bash
    npm install

Step 2: Write the Token Contract

  1. Create a New Solidity File:

    bash
    touch contracts/MyToken.sol
  2. Paste the following code into contracts/MyToken.sol:

    solidity
    // SPDX-License-Identifier: MIT
    pragma solidity ^0.8.0;
    
    import "@openzeppelin/contracts/token/ERC20/ERC20.sol";
    
    contract MyToken is ERC20 {
        constructor(uint256 initialSupply) ERC20("MyToken", "MTK") {
            _mint(msg.sender, initialSupply);
        }
    
        function decimals() public pure override returns (uint8) {
            return 6;
        }
    }
  3. Compile the Smart Contract:

    bash
    npx hardhat compile
  4. Test the Smart Contract (optional but recommended):

    bash
    touch test/MyToken.js
  5. Paste the following code into test/MyToken.js:

    js
    const { expect } = require("chai");
    const { ethers } = require("hardhat");
    
    describe("MyToken", function () {
        let MyToken;
        let myToken;
        let owner;
        let addr1;
    
        beforeEach(async function () {
            [owner, addr1] = await ethers.getSigners();
    
            MyToken = await ethers.getContractFactory("MyToken");
            initialSupply = ethers.parseUnits("1000", 6);
            myToken = await MyToken.deploy(initialSupply);
            await myToken.waitForDeployment();
        });
    
        it("Should assign the total supply to the owner", async function () {
            const ownerBalance = await myToken.balanceOf(owner.address);
            expect(await myToken.totalSupply()).to.equal(ownerBalance);
        });
    
        it("Should transfer tokens between accounts", async function () {
            const sendAmount = ethers.parseUnits("100", 6);
    
            await myToken.transfer(addr1.address, sendAmount);
    
            expect(await myToken.balanceOf(addr1.address)).to.equal(sendAmount);
            expect(await myToken.balanceOf(owner.address)).to.equal(
            (await myToken.totalSupply()) - sendAmount
            );
        });
    
        it("Should have 6 decimals", async function () {
            expect(await myToken.decimals()).to.equal(6);
        });
    });
  6. Test it:

    bash
    npx hardhat test

Step 3: Deploy the Token Contract

  1. Create a Deployment Script:

    bash
    touch scripts/deploy.js
  2. Paste the following code into scripts/deploy.js:

    js
    async function main() {
        const Token = await ethers.getContractFactory("MyToken");
        const token = await Token.deploy(ethers.parseUnits("1000", 6));
        await token.waitForDeployment();
    
        console.log("Token address:", await token.getAddress());
    }
    
    main()
        .then(() => process.exit(0))
        .catch(error => {
            console.error(error);
            process.exit(1);
        });
  3. Update your hardhat.config.js with the following network settings:

    FieldValue
    chain_namejovay
    chain_id2019775
    urlyour RPC url
    accountsyour private key
    json
    require("@nomicfoundation/hardhat-toolbox");
    
    /** @type import('hardhat/config').HardhatUserConfig */
    module.exports = {
    solidity: "0.8.20",
    networks: {
        jovay: {
        url: "JOVAY_RPC_URL", // YOUR RPC URL
        chainId: 2019775,
        accounts: ["PRIVATE_KEY"],
        },
    },
    };
  4. Deploy the contract:

    bash
    npx hardhat run scripts/deploy.js --network Jovay

    If your script's execution succeeds, your terminal should resemble the output below:

    Deploy Suucess

❓ Troubleshooting Tips

  • Deployment fails? Make sure your wallet has enough testnet tokens.
  • Can't interact with the contract? Double-check the contract address and ABI.
  • Transfer fails? Confirm your wallet has enough balance.

✅ Conclusion

You’ve just built, deployed, and verified your first token on the Jovay blockchain using Hardhat! This process covers the basics of smart contract development, deployment, and verification — essential skills for any Web3 developer.

If you run into issues, refer back to this guide or check out the official Hardhat documentation.

Happy coding! 🚀