# Build your First Smart Contract on L1X VM

### **Create L1X Project using cargo-l1x**

Initiate a new L1X project creation process with Cargo's L1X plugin. The Fungible Token template is utilized here.

```bash
cargo l1x create project_name --template ft
```

This command initiates the creation of a new project named "project\_name" while applying the template labeled "ft". Templates offer pre-configured project structures or boilerplate code, streamlining the initial setup of your project.

### **Compile L1X Project**

Navigate to the project directory and compile the L1X project using cargo-l1x build.

```bash
cd project_name
cargo l1x build
```

You will get object file for the compiled contract, at the location target/l1x/release/l1x\_ft.o in cargo.

### **Create Wallet**

Create your own wallet to generate a new keypair.

```bash
l1x-cli-beta wallet create
```

### **Import Wallet**

Import you existing wallet using the l1x-cli-beta tool, by providing a private key. If you don't have one, Create Wallet.

```bash
l1x-cli-beta wallet import <PRIVATEKEY>
```

### **Set Default Wallet**

After Importing your wallet set it to be the default interaction account.

```bash
l1x-cli-beta wallet default <Wallet_Address>
```

\-- Check Endpoints for TestNet Faucet

###

### **Deploy L1X Project**

Deploy the compiled L1X project to the L1X blockchain.

```bash
l1x-cli-beta contract deploy CONTRACT_OBJECT_FILE_PATH [--endpoint] [--from] [--fee_limit] [--nonce]
```

* **Example**

```
l1x-cli-beta contract deploy ./sample_object_file/l1x_ft.o --endpoint https://v2-testnet-rpc.l1x.foundation
```

You will get **deployed contract address** (DEPLOY\_CONTRACT\_ADDRESS) as the response of the above command. Use it to initialize your L1X project.

### **Initialize L1X Project**

Initialize your deployed L1X project by setting up its base contract address.

```bash
l1x-cli-beta contract init CONTRACT_ADDRESS --args [--endpoint] [--from] [--fee_limit] [--nonce]
```

* **Example**

```
l1x-cli-beta contract init DEPLOY_CONTRACT_ADDRESS --endpoint https://v2-testnet-rpc.l1x.foundation --fee_limit 100000 --args '{"metadata":{"name": "TokenName","decimals": 18,"symbol": "TokenSymbol"},"account_ids":[],"amounts":[]}'
```

On successful initialization of the project, you will get **initialized contract address** (INIT\_CONTRACT\_ADDRESS) as the response of the **init** command. Use it for further Readonly and State Changing Function calls.

### **Call Readonly Function**

Execute any readonly function of an L1X smart contract.

```
l1x-cli-beta contract view CONTRACT_ADDRESS FUNCTION --args [--endpoint] [--from]
```

* **Example**

```
l1x-cli-beta contract view INIT_CONTRACT_ADDRESS ft_name --endpoint https://v2-testnet-rpc.l1x.foundation
```

### **Call State Changing Function**

Invoke a state-changing function of an L1X smart contract using l1x-cli-beta, potentially altering the contract's state

```bash
l1x-cli-beta contract call INIT_CONTRACT_ADDRESS FUNCTION --args [--endpoint] [--from] [--fee_limit] [--nonce]
```