Tokens

Tokens defined and used in the Michelson interface generally adhere to different standards such as FA1.2, FA2, or FA2.1.

Refer to section Tokens in the Tezos documentation for instructions on developing your own tokens.

The Michelson interface is not byte-for-byte layer 1: simulate_operation is only partially implemented (which affects fee estimation in tools such as Taquito), the async injection mode is not honored yet, and storage costs 1 mutez per byte. See Compatibility with Tezos L1 and the RPC reference before porting a workflow.