How to create Upgradable Token?

abcoathup · February 25, 2021, 5:08am

I suggest starting with creating a simple upgradeable contract: https://docs.openzeppelin.com/learn/upgrading-smart-contracts (using either Truffle or Hardhat).

You can then create an ERC20 extending from ERC20Upgradeable in OpenZeppelin Contracts Upgradeable: https://docs.openzeppelin.com/contracts/3.x/upgradeable

I am not sure what you mean by governance, but you can add functionality to the token via upgrades.

You can use a multisig to control upgrades.

See:

Topic		Replies	Views
Creating Upgradable ERC20 token using OpenZeppelin and Buidler plugin Upgrades	11	6648	September 7, 2022
Create upgradeable ERC20 Upgrades erc20	8	6231	December 17, 2020
Upgradeability of ERC20 token contract with a minting function Upgrades erc20	2	2189	March 5, 2021
OpenZeppelin's Upgradable Contract References? Contracts	2	1169	October 18, 2021
How do I write an upgradeable token Smart Contracts	4	485	October 31, 2023