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26 lines
1.1 KiB
Markdown
26 lines
1.1 KiB
Markdown
# Assets Parachain
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Implementation of Asset Hub, a blockchain to support generic assets in the Polkadot and Kusama
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networks. Asset Hub was formerly known as "Statemint".
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Asset Hub allows users to:
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- Deploy promise-backed assets, both fungible and non-fungible, with a DOT/KSM deposit.
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- Set admin roles to manage assets and asset classes.
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- Register assets as "self-sufficient" if the Relay Chain agrees, i.e. gain the ability for an
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asset to justify the existence of accounts sans DOT/KSM.
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- Pay transaction fees using sufficient assets.
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- Transfer (and approve transfer) assets.
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- Interact with the chain via its transactional API or XCM.
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Asset Hub must stay fully aligned with the Relay Chain it is connected to. As such, it will accept
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the Relay Chain's governance origins as its own.
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See
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[the article on Asset Hub as common good parachain](https://www.parity.io/blog/statemint-generic-assets-chain-proposing-a-common-good-parachain-to-polkadot-governance/)
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for a higher level description.
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Wallets, custodians, etc. should see
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[the Polkadot Wiki's Integration Guide](https://wiki.polkadot.network/docs/build-integrate-assets)
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for details about support.
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