Token creation on Cronos offers an efficient path for developers and organisations to participate in decentralised applications (dApps) and decentralised finance (DeFi). By leveraging the Ethereum-compatible Cronos blockchain, users can deploy ERC-20 tokens with low transaction costs and high scalability. This guide outlines the full process of creating and deploying an ERC-20 token using Remix IDE and MetaMask. It includes network setup, smart contract development, compilation, deployment, and interaction.
Before proceeding, ensure the following:
MetaMask is a browser extension wallet required to interact with Ethereum-compatible blockchains, including Cronos. If not already installed, download MetaMask from MetaMask.io.
To configure MetaMask for the Cronos Mainnet:
Once set up, MetaMask is ready to connect with Remix and deploy contracts on the Cronos blockchain.
Remix IDE is a browser-based development environment designed for writing, compiling, and deploying smart contracts using the Solidity programming language.
This file will hold the Solidity code for your ERC-20 token contract.
// SPDX-License-Identifier: MIT// Compatible with OpenZeppelin Contracts ^5.0.0pragma solidity ^0.8.27;
import { ERC20 } from "@openzeppelin/contracts/token/ERC20/ERC20.sol";import { Ownable } from "@openzeppelin/contracts/access/Ownable.sol";
contract MyToken is ERC20, Ownable { constructor(address initialOwner) ERC20("MyToken", "MTK") Ownable(initialOwner) { _mint(msg.sender, 10_000_000 * 10 ** decimals()); }
function mint(address to, uint256 amount) public onlyOwner { _mint(to, amount); }
function burn(uint256 amount) public { _burn(msg.sender, amount); }}This code ensures compatibility with the latest Solidity compiler and incorporates safe, production-ready patterns from the OpenZeppelin contract suite.
Explore our Einstein Contract on GitHub for more ideas on creating your smart contract. This resource includes advanced patterns for permission control, utility functions, and integration-ready modules.
You have successfully deployed an ERC-20 token on the Cronos blockchain using MetaMask and Remix IDE. The process included configuring MetaMask for the Cronos network, developing a standards-compliant smart contract using OpenZeppelin libraries, compiling, deploying, and confirming your contract on-chain.
This deployment provides a foundational asset for DeFi platforms, application integrations, or token-based utilities. Ensure that your contract address is securely stored and consider verifying the source code on Cronoscan for transparency and trust.
For further development ideas, explore our Einstein Contract on GitHub, which includes advanced features and modular contract patterns.