Summary
We covered various topics related to Ethereum tokens and smart contract testing. The key takeaways are that we learned about the six functions and two events required for an ERC-20-compliant smart contract and provided explanations and examples for each. We covered the process of creating an ERC-20 token contract, which is fungible in nature, with decent complexity (MySimpleToken
) and we provided step-by-step instructions for testing its various methods using the Hardhat. Throughout the conversation, we provided detailed explanations, examples, and code snippets to help illustrate the concepts and guide users in creating, deploying, and testing token contracts. Overall, this discussion offers a solid foundation for understanding tokenomics, Ethereum tokens, and smart contract development and testing.
In the next chapter, we will cover non-fungible token standards in detail.