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Example Deployment Script (Using Hardhat)

Example Deployment Script (Using Hardhat)

async function main() {
  const AveToken = await ethers.getContractFactory("AveToken");
  const token = await AveToken.deploy();
  await token.deployed();
  console.log("AveToken deployed to:", token.address);
}

main()
  .then(() => process.exit(0))
  .catch(error => {
    console.error(error);
    process.exit(1);
  });

Explanation

1. Import Statements:

   • ERC20.sol: This is the standard implementation of the ERC-20 token standard provided by OpenZeppelin, a library of reusable and secure smart contract components.

   • Ownable.sol: This module provides basic access control, where there is an account (an owner) that can be granted exclusive access to specific functions.

2. Contract Definition:

   • AveToken: The main contract that inherits functionalities from ERC20 and Ownable.

3. Constructor:

   • Initializes the token with a name ("Ave Token") and a symbol ("AVE").

   • Mints an initial supply of tokens (1,000,000 AVE) to the address that deploys the contract.

4. Mint Function:

   • Allows the owner of the contract to create new tokens and assign them to a specified address.

   • The onlyOwner modifier ensures that only the contract owner can call this function.

5. Burn Function:

   • Allows the owner to destroy a specified amount of tokens from a given address.

   • The onlyOwner modifier ensures that only the contract owner can call this function.

Deployment and Usage

To deploy and use this contract on the Avenium Blockchain, follow these steps:

1. Set Up Your Development Environment:

   • Install Node.js and npm.

   • Install Truffle or Hardhat for contract deployment and testing.

   • Install MetaMask and configure it for Avenium Blockchain.

2. Write and Compile the Contract:

   • Save the above contract code in a file named AveToken.sol.

   • Compile the contract using Truffle or Hardhat to ensure there are no syntax errors.

3. Deploy the Contract:

   • Write a deployment script that deploys the AveToken contract.

   • Use your development environment to deploy the contract to the Avenium testnet or mainnet.

4. Interact with the Contract:

   • Use MetaMask to interact with your deployed contract.

   • Test the minting and burning functions to ensure they work as expected.