I want to launch my own token with Substrate chain. What is the best way to implement it?
You have several options to launch your own token on Substrate:
- Using the Contract pallet to implement a token, take a look at this ERC20 token tutorial
- With the balances pallet
- Using the EVM pallet to implement a Solidity ERC20 token
- Use the Assets pallet.
- Create your own pallet.
Take a look into this great Substrate Seminar, for more information.
The pallet-balance that comes preconfigured with https://github.com/substrate-developer-hub/substrate-node-template is the way to go.