Skip to content

Feat: Implement Secondary Network ERC20 Token #2

@JamesVictor-O

Description

@JamesVictor-O

Objective

Create and deploy an ERC20 token on a secondary EVM-compatible network that will function as the counterpart token in our cross-chain bridge system.

Requirements

  1. Design and implement a standard-compliant ERC20 token contract
  2. Ensure naming consistency with the Base network token while indicating network differentiation
  3. Include necessary token features:
    • Minting/burning capability for bridge operations
    • Transfer functions
    • Approval mechanisms
    • Bridge-specific roles and permissions
  4. Deploy the token to the selected EVM-compatible network's test environment

Technical Specifications

  • Use the same OpenZeppelin ERC20 foundation as the Base network token
  • Maintain consistent decimals and token economics across both networks
  • Implement bridge-specific functionality for minting/burning during cross-chain transfers
  • Configure proper role-based access control for bridge operations

Network Selection

  • Evaluate and recommend an appropriate EVM-compatible network (options include Arbitrum, Optimism, Polygon, etc.)
  • Document network-specific considerations (gas costs, finality times, security assumptions)
  • Justify the selection based on bridge requirements and user experience

Testing Requirements

  • Write comprehensive unit tests covering all token functionalities
  • Test integration with bridge contract (mock integration if needed)
  • Test bridge-specific operations (minting/burning)
  • Document test coverage metrics

Deliverables

  • Solidity contract for the ERC20 token
  • Test suite with >95% coverage
  • Deployment scripts for the selected network's testnet
  • Documentation explaining network selection and any network-specific adaptations

Notes

  • Consider gas optimization for the selected network
  • Ensure token parameters are consistent with the Base network token
  • Document any network-specific features or limitations

Metadata

Metadata

Assignees

Labels

No labels
No labels

Type

No type

Projects

No projects

Milestone

No milestone

Relationships

None yet

Development

No branches or pull requests

Issue actions