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1. TL;DR

This proposal aims to update Initia’s core modules to improve event transparency for fungible and non-fungible tokens. The updates will:

• Add sender/receiver addresses to fungible asset events
• Include NFT metadata in mint events
• Emit object deletion events with owner information
• Support NFT transfers via collection address and token ID

These changes span multiple modules and are implemented across three linked PRs.

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2. Background

Currently, when a fungible asset is moved from one account to another, the transaction event logs do not include the sender and receiver addresses—only the store addresses are available. As a result, an additional API query is needed to determine those addresses, which is inefficient.

Similarly, for NFTs, the metadata of a minted NFT is not available in the transaction event logs.

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3. Proposal Details

The following changes are proposed to improve the current spec, which is detailed in “backgrounds”

Updated Modules

• 0x1::collection
• 0x1::fungible_asset
• 0x1::json
• 0x1::nft
• 0x1::object

Related Pull Requests

• [Hidden link]

  • Adds collection and NFT creation events with corresponding details

• [Hidden link]

  • Adds object deletion events for better visibility into the owner of the deleted object
  • Adds NFT transfer support via collection address and token ID

• [Hidden link]

  • Adds additional store owner information to fungible asset events during deposits and withdrawals (current events only include the store address)

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Governance Vote Options

• YES – You support implementing the proposed update.
• NO – You do not support the proposed change.
• NO WITH VETO – You believe the proposal is harmful, spam, or violates governance principles.
• ABSTAIN – You choose not to take a position but want your vote counted toward quorum.