Transfer Native Tokens

In this exercise, you will learn how to transfer native tokens on your own L1 in the Avalanche network using Foundry, a powerful toolkit for EVM application development.

Start by creating and deploying a new blockchain using the Avalanche Starter Kit. With your chain up and running, let's transfer some native tokens from one account to another using Foundry

Create a blockchain with the following configuration

avalanche blockchain create myblockchain

✔ Avalanche L1-EVM
✔ Use latest release version
✔ Yes
✔ Yes
Installing subnet-evm-v0.6.7...
subnet-evm-v0.6.7 installation successful
creating genesis for subnet myblockchain
Enter your subnet's ChainId. It can be any positive integer.
ChainId: 123
Select a symbol for your subnet's native token
Token symbol: NAT
✔ Low disk use    / Low Throughput    1.5 mil gas/s (C-Chain's setting)
✔ Airdrop 1 million tokens to the default ewoq address (do not use in production)
prefunding address 0x8db97C7cEcE249c2b98bDC0226Cc4C2A57BF52FC with balance 1000000000000000000000000
✔ No
✓ Successfully created subnet configuration

Deploy blockchain on Local network

avalanche subnet deploy myblockchain

Create account

avalanche key create myKey

Retrieve the new address with and store it in an environment variable to match the following commands.

 avalanche key list -l --subnets myblockchain --keys myKey

export $MYKEY=0x...

Check balances

cast balance $MYKEY --rpc-url myblockchain

Transfer funds

cast send $MYKEY --value 200000  --private-key $PK --rpc-url myblockchain

Check balances to confirm transfer

cast balance $MYKEY --rpc-url myblockchain

As you saw, funds were transfered from one count to another within the same chain (myblockchain)