Overview
The Root Network comes with pre-built pallets that make fungible asset management easy and intuitive, highly optimized for efficiency and stable transaction fees. Additionally, fungible assets on The Root Network are ERC-20 compatible, once created they are tradable on both native and EVM layers.
The following guide will walk you through how to create, mint, and manage a fungible asset using The Root Network Portal.
Requirements
- An account with 100 ROOT to reserve the asset in the chain storage and at least 0.1 XRP for initial asset creation.