HNC-20 TOKENS are tokens created on the EVM-compatible Hertz Network blockchain. An HNC-20 token is EVM-compatible, and can be used with smart contracts on the Hertz Network blockchain.
CREATE AN HNC-20 TOKEN
Creating your own cryptocurrency has never been easier!
You can simply use any token creation tool that support Hertz mainnet like the free token creator to create an HNC-20 token.
- Please make sure to connect to Hertz mainnet on your Metamask Wallet.
- Just enter your token name, symbol, and how many you want to create; and your newly created token will appear in your Metamask wallet within seconds.
A token creation on Hertz Network is called HNC-20 token. You can learn more about HNC-20 token below.
What is HNC-20 Token?
An HNC-20 token is a blockchain-based asset with similar functionality to HTZ Coin, Bitcoin, and Ethereum: it can hold value and be sent and received.
HNC-20 Token Standard is a token standard based on the implementation of smart contract when using EVM-compatible Hertz Network to issue a token.
The major difference between HNC-20 tokens and other cryptocurrencies is that HNC-20 tokens are created and hosted on the Hertz Network blockchain, whereas Hertz Coin (HTZ) is the native currency of the Hertz Network blockchain.
HNC20 tokens are stored and sent using Hertz Network blockchain addresses and transactions. As with Hertz Coin (HTZ), transaction fees of HNC-20 tokens are very low.
HNC-20 is the official token protocol for the Hertz Network. HNC stands for Hertz Network Chain, and 20 is the unique identifier. This is a common standard for creating tokens on the Hertz Network blockchain.
This token standard defines a set of rules that apply to all HNC-20 tokens that allow them to interact seamlessly with one another.
Wallets and exchanges use the standard to integrate various HNC-20 tokens onto their platforms and facilitate exchanges between HNC-20 tokens and other cryptocurrencies.
How to Create an HNC-20 Token?
In order to create a token to be supported by Hertz Network digital wallets, 3 items below are required.
1. Token Name
2. Token Symbol
3. Token Supply
Token Creation Fee
The token creation fee is 10,000 HTZ regardless of the amount of the token you create. Please make sure to login and have sufficient HTZ in your web wallet before using the Create Token Tool.
List Your HNC-20 Token
All HNC-20 tokens can be swapped with HTZ on HertzSwap Defi Platform.
The price of an HNC-20 token will be based on the amount of HTZ and the token in the liquidity pool. Liquidity providers will be able to easily earn fees by providing liquidity to the pool.