Hey guys I'm having trouble unpacking this paragraph: "If a developer

Question

Hey guys I'm having trouble unpacking this paragraph: "If a developer

creates a new token on Nervos that people acquire, those people must store the token using CKBytes. So any time demand for a custom token arises, demand for the native CKByte token should increase as well as a result of this storage requirement."

Does this mean that if a developer creates an L2 and new tokens, that they have to burn CKB tokens? Or lock them up?

#cryptocurrency #english #nervos

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19.09.2023

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Alejandro (Won't DM first) · Accepted Answer

Alejandro (Won't DM first)

I think that fragment refers to sUDT (user defined tokens https://github.com/nervosnetwork/rfcs/blob/master/rfcs/0025-simple-udt/0025-simple-udt.md). An sUDT cell requires occupy state (CKBytes), just as an onchain balance requires 61 CKB (the minimum cell posible). No, it is not burned, it is locked (CKBytes occupying state).

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19.09.2023

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Hey guys I'm having trouble unpacking this paragraph: "If a developer

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