Skip to main content

Overview

This guide explains what Layer4 credits are and how to use them on the platform.

What are Layer4 Credits?

Layer4 credits are off-chain tokens that you can use to pay for certain activities on the Layer4 platform. These credits only have value within the Layer4 platform and has no connection to any underlying blockchain. Even though they are not on-chain tokens, they are specific to a blockchain network, such as Polygon, Polygon Amoy Testnet, etc.

You can purchase credits using a credit card or other standard fiat payment method from within the app.

Credits are non-refundable and non-transferable. They are not redeemable for cash or any other form of currency. They can only be used to pay for activities on the Layer4 platform.

Note: You receive a certain number of free testnet credits when you sign up for a Layer4 account. Additionally, if you subscribe to the paid plan, you will receive mainnet credits equivalent to the subscription amount for the first month.

For more information about credit pricing and usage costs, refer to the pricing page.

What Can I Use Credits For?

You can use Layer4 credits to pay for the following activities on the platform:

  • Contracts: Use credits to deploy a smart contract associated with a bucket. Contracts are deployed when new buckets are created.
  • Tokens: Use credits to create, update or burn on-chain tokens. Tokens are only applicable to for certain contract types, such as ERC-20, ERC-721 and ERC-1155.
  • Records: Records are applicable when you have deployed a Data Storage contract.
  • Files: Use credits to upload files to IPFS. Files can be uploaded along with token or record creation.