What we cover in this guide

In this guide, we will explain how to authenticate to our API service, as well as mint your first ERC20 token. We will walk you through several endpoints to help you get started. We will cover the following topics:

Token API Video Tutorial

Getting Started Flow

Prerequisites

You need a Venly business account, if you don't have one, click here to register in our Developer Portal, or follow our step-by-step guide, Getting Started with Venly.
You need your Client ID and Client Secret which can be obtained from the Portal as shown below.

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All the API calls for this guide run on a sandbox environment. You can test and experiment with API calls without causing any harm to the actual blockchain or data.

There are several ways to run API calls, but for this guide, you can use the API-Reference or Postman to execute the different endpoints.

1. Authenticating

You will need your access credentials (Client ID and Client Secret) to obtain a bearer token and authorize all API calls. These credentials are necessary for authentication purposes.

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Learn how to retrieve a bearer token and authenticate API calls.

Please note that the base path for all Token API endpoints is https://token-api-sandbox.venly.io

2. Create token contract

Let's start by defining your first contract. We will create a contract on the MATIC testnet chain.

Request Endpoint: reference

 POST /api/v3/erc20/contracts/deployments

Request Body:

Parameter	Description	Type	Required
`chain`	This is the blockchain on which you want to create the token contract on	String	✅
`name`	The name of your token contract	String	✅
`symbol`	The symbol for your token contract	String	❌
`maxSupply`	The maximum amount of tokens allowed to be minted	Integer	❌
`burnable`	Indication whether the tokens will be burnable or not. Burning tokens is the act of sending tokens to a wallet that cannot be accessed	Boolean	❌
`owner`	The wallet address that will be the owner of this token contract. The owner will have admin rights on the token contract	String	❌

{
    "chain": "MATIC",
    "name": "Venly Test Token",
    "symbol": "VTT",
    "maxSupply": "150",
    "burnable": "true",
    "owner": "0x7312750DF4d2057b758a61C7017729c6Ec9bB3E9"
}

Response Body:

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Save the result.id from the response body. This is the deployment ID and it is used to check the status of the contract creation request.

The transactionHash that is returned is the transction that created the contract on-chain.

The status attribute indicates if the transaction has been mined yet.

{
    "success": true,
    "result": {
        "id": "22fa9617-4630-49c1-8cd2-a0145980cd21",
        "chain": "MATIC",
        "name": "Venly Test Token",
        "symbol": "VTT",
        "maxSupply": 150,
        "burnable": true,
        "owner": "0x7312750DF4d2057b758a61C7017729c6Ec9bB3E9",
        "transactionHash": "0xdaae9385afe8a9e91d2f771e1bcb3597eb563fe0ab48cd75d381ac4798ad1359",
        "status": "PENDING"
    }
}

3. Check the token contract deployment status

Next, we will check the deployment status of the token contract using the deployment ID.

Request Endpoint: reference

GET /api/v3/erc20/contracts/deployments/{deploymentId}

Path Variable

{deploymentId}: This can be found in the response of the create token contract endpoint as the result.id parameter.

Example Request

GET /api/v3/erc20/contracts/deployments/22fa9617-4630-49c1-8cd2-a0145980cd21

Response Body

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In the response body look for the result.status parameter. It can have three possible values:

SUCCEEDED

PENDING

FAILED

{
    "success": true,
    "result": {
        "id": "22fa9617-4630-49c1-8cd2-a0145980cd21",
        "chain": "MATIC",
        "address": "0x44b1dc2b16e315e846e9f00c11282d19265be983",
        "name": "Venly Test Token",
        "symbol": "VTT",
        "maxSupply": 150,
        "burnable": true,
        "owner": "0x7312750DF4d2057b758a61C7017729c6Ec9bB3E9",
        "transactionHash": "0xdaae9385afe8a9e91d2f771e1bcb3597eb563fe0ab48cd75d381ac4798ad1359",
        "status": "SUCCEEDED"
    }
}

4. Mint ERC20 tokens

Now we have successfully deployed the token contract, we can start to mint ERC20 tokens. Use this endpoint to mint ERC20 tokens by supplying the token contract address and destination wallet address.

Request Endpoint: reference

POST /api/v3/erc20/tokens/mints

Request Body Parameters

Parameter	Param Type	Description	Type	Required
`chain`	Body	The blockchain of the token contract	String	✅
`contractAddress`	Body	The token contract address	String	✅
`destinations`	Body	The array includes all the wallet addresses and the number of ERC20 tokens to mint per wallet address	Array of objects	✅
`destinations.address`	Body	The wallet address to mint and send the ERC20 tokens to	String	✅
`destinations.amount`	Body	The number of ERC20 tokens you want to mint and send	Number	✅

Example Request

In this example, we will mint and send ERC20 tokens to two wallet addresses. The first wallet will get five ERC20 tokens and the second wallet will get twenty-five tokens. You can add multiple wallet addresses.

POST /api/v3/erc20/tokens/mints

{
    "chain": "MATIC",
    "contractAddress": "0x44b1dc2b16e315e846e9f00c11282d19265be983",
    "destinations": [
        {
            "address": "0xb811Fac088E8E80F56258a5f29D47d0FF1a37BD5",
            "amount": "5"
        },
        {
            "address": "0xf2b1cEB69E765469a80E8d4c8635B05269889fa7",
            "amount": "25"
        }
    ]
}

Response Body

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The result.mint.id param is the mint ID.

The result.mint.id param can be used to track the token mint request.

{
    "success": true,
    "result": {
        "mints": [
            {
                "id": "273e6ecb-fb1b-44f0-a9ff-a19bbf92099a",
                "createdOn": "2024-09-23T09:34:21.973064048",
                "status": "PENDING",
                "destination": {
                    "address": "0xf2b1cEB69E765469a80E8d4c8635B05269889fa7",
                    "amount": 25
                }
            },
            {
                "id": "8a4a03ac-e1e8-4468-bdce-1e57e809d89f",
                "createdOn": "2024-09-23T09:34:21.977695915",
                "status": "PENDING",
                "destination": {
                    "address": "0xb811Fac088E8E80F56258a5f29D47d0FF1a37BD5",
                    "amount": 5
                }
            }
        ],
        "contract": {
            "address": "0x44b1dc2b16e315e846e9f00c11282d19265be983",
            "name": "Venly Test Token",
            "symbol": "VTT",
            "maxSupply": 150,
            "burnable": true,
            "owner": "0x7312750DF4d2057b758a61C7017729c6Ec9bB3E9",
            "type": "ERC_20"
        }
    }
}

5. Check the token mint status

Finally, we will check the token mint request using the mint ID.

Request Endpoint: reference

GET /api/v3/erc20/tokens/mints/{mintId}

Example Request

GET /api/v3/erc20/tokens/mints/273e6ecb-fb1b-44f0-a9ff-a19bbf92099a

Response Body

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In the response body look for the result.status parameter. It can have three possible values:

SUCCEEDED

PENDING

FAILED

{
    "success": true,
    "result": {
        "id": "273e6ecb-fb1b-44f0-a9ff-a19bbf92099a",
        "createdOn": "2024-09-23T09:34:21.973064",
        "status": "SUCCEEDED",
        "transactionHash": "0x2196af03642bf02a6ba6f416098ee50d03fba9343edb5938eaa7969e13bef2c2",
        "destination": {
            "address": "0xf2b1cEB69E765469a80E8d4c8635B05269889fa7",
            "amount": 25
        },
        "contract": {
            "address": "0x44b1dc2b16e315e846e9f00c11282d19265be983",
            "name": "Venly Test Token",
            "symbol": "VTT",
            "maxSupply": 150,
            "burnable": true,
            "owner": "0x7312750DF4d2057b758a61C7017729c6Ec9bB3E9",
            "type": "ERC_20"
        }
    }
}

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The response shows "status": "SUCCEEDED" , indicating the ERC20 token mint was successful on-chain.

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