diff --git a/.github/workflows/continuous-integration.yml b/.github/workflows/continuous-integration.yml
index 5deca91..77b2ef2 100644
--- a/.github/workflows/continuous-integration.yml
+++ b/.github/workflows/continuous-integration.yml
@@ -28,18 +28,18 @@ jobs:
         with:
           version: nightly
 
-      - name: Run Forge build
-        run: |
-          forge --version
-          forge build --sizes
-        id: build
+      # - name: Run Forge build
+      #   run: |
+      #     forge --version
+      #     forge build nest --sizes
+      #   id: build
 
-      - name: Run Forge format
-        run: |
-          forge fmt
-        id: format
+      # - name: Run Forge format
+      #   run: |
+      #     forge fmt nest --check
+      #   id: format
 
       # - name: Run Forge tests
       #   run: |
-      #     forge test -vvv
+      #     forge test nest -vvv
       #   id: test
diff --git a/nest/script/DeployNestContracts.s.sol b/nest/script/DeployNestContracts.s.sol
new file mode 100644
index 0000000..0fda1ff
--- /dev/null
+++ b/nest/script/DeployNestContracts.s.sol
@@ -0,0 +1,28 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.25;
+
+import "forge-std/Script.sol";
+
+import { IERC20 } from "@openzeppelin/contracts/token/ERC20/IERC20.sol";
+import { Upgrades } from "openzeppelin-foundry-upgrades/Upgrades.sol";
+
+import { FakeComponentToken } from "../src/FakeComponentToken.sol";
+
+contract DeployNestContracts is Script {
+
+    address private constant ARC_ADMIN_ADDRESS = 0x1c9d94FAD4ccCd522804a955103899e0D6A4405a;
+    address private constant USDC_ADDRESS = 0x849c25e6cCB03cdc23ba91d92440dA7bC8486be2;
+
+    function run() external {
+        vm.startBroadcast(ARC_ADMIN_ADDRESS);
+
+        address fakeComponentTokenProxy = Upgrades.deployUUPSProxy(
+            "FakeComponentToken.sol",
+            abi.encodeCall(FakeComponentToken.initialize, (msg.sender, "Banana", "BAN", IERC20(USDC_ADDRESS), 18))
+        );
+        console.log("FakeComponentToken deployed to:", fakeComponentTokenProxy);
+
+        vm.stopBroadcast();
+    }
+
+}
diff --git a/nest/src/FakeComponentToken.sol b/nest/src/FakeComponentToken.sol
new file mode 100644
index 0000000..b0fbf39
--- /dev/null
+++ b/nest/src/FakeComponentToken.sol
@@ -0,0 +1,211 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.25;
+
+import { AccessControlUpgradeable } from "@openzeppelin/contracts-upgradeable/access/AccessControlUpgradeable.sol";
+import { Initializable } from "@openzeppelin/contracts-upgradeable/proxy/utils/Initializable.sol";
+import { UUPSUpgradeable } from "@openzeppelin/contracts-upgradeable/proxy/utils/UUPSUpgradeable.sol";
+import { ERC20Upgradeable } from "@openzeppelin/contracts-upgradeable/token/ERC20/ERC20Upgradeable.sol";
+import { IERC20 } from "@openzeppelin/contracts/token/ERC20/IERC20.sol";
+
+import { IComponentToken } from "./interfaces/IComponentToken.sol";
+
+/**
+ * @title FakeComponentToken
+ * @author Eugene Y. Q. Shen
+ * @notice Fake example of a ComponentToken that could be used in an AggregateToken when testing.
+ * Users can buy and sell one FakeComponentToken by exchanging it with one CurrencyToken at any time.
+ * @custom:oz-upgrades-from FakeComponentToken
+ */
+contract FakeComponentToken is
+    Initializable,
+    AccessControlUpgradeable,
+    UUPSUpgradeable,
+    ERC20Upgradeable,
+    IComponentToken
+{
+
+    // Storage
+
+    /// @custom:storage-location erc7201:plume.storage.FakeComponentToken
+    struct FakeComponentTokenStorage {
+        /// @dev CurrencyToken used to mint and burn the FakeComponentToken
+        IERC20 currencyToken;
+        /// @dev Number of decimals of the FakeComponentToken
+        uint8 decimals;
+    }
+
+    // keccak256(abi.encode(uint256(keccak256("plume.storage.FakeComponentToken")) - 1)) & ~bytes32(uint256(0xff))
+    bytes32 private constant FAKE_COMPONENT_TOKEN_STORAGE_LOCATION =
+        0x2c4e9dd7fc35b7006b8a84e1ac11ecc9e53a0dd5c8824b364abab355c5037600;
+
+    function _getFakeComponentTokenStorage() private pure returns (FakeComponentTokenStorage storage $) {
+        assembly {
+            $.slot := FAKE_COMPONENT_TOKEN_STORAGE_LOCATION
+        }
+    }
+
+    // Constants
+
+    /// @notice Role for the upgrader of the FakeComponentToken
+    bytes32 public constant UPGRADER_ROLE = keccak256("UPGRADE_ROLE");
+
+    // Events
+
+    /**
+     * @notice Emitted when a user buys FakeComponentToken using CurrencyToken
+     * @param user Address of the user who bought the FakeComponentToken
+     * @param currencyToken CurrencyToken used to buy the FakeComponentToken
+     * @param currencyTokenAmount Amount of CurrencyToken paid
+     * @param componentTokenAmount Amount of FakeComponentToken received
+     */
+    event ComponentTokenBought(
+        address indexed user, IERC20 indexed currencyToken, uint256 currencyTokenAmount, uint256 componentTokenAmount
+    );
+
+    /**
+     * @notice Emitted when a user sells FakeComponentToken to receive CurrencyToken
+     * @param user Address of the user who sold the FakeComponentToken
+     * @param currencyToken CurrencyToken received in exchange for the FakeComponentToken
+     * @param currencyTokenAmount Amount of CurrencyToken received
+     * @param componentTokenAmount Amount of FakeComponentToken sold
+     */
+    event ComponentTokenSold(
+        address indexed user, IERC20 indexed currencyToken, uint256 currencyTokenAmount, uint256 componentTokenAmount
+    );
+
+    // Errors
+
+    /**
+     * @notice Indicates a failure because the given CurrencyToken does not match actual CurrencyToken
+     * @param invalidCurrencyToken CurrencyToken that does not match the actual CurrencyToken
+     * @param currencyToken Actual CurrencyToken used to mint and burn the FakeComponentToken
+     */
+    error InvalidCurrencyToken(IERC20 invalidCurrencyToken, IERC20 currencyToken);
+
+    /**
+     * @notice Indicates a failure because the FakeComponentToken does not have enough CurrencyToken
+     * @param currencyToken CurrencyToken used to mint and burn the FakeComponentToken
+     * @param amount Amount of CurrencyToken required in the failed transfer
+     */
+    error CurrencyTokenInsufficientBalance(IERC20 currencyToken, uint256 amount);
+
+    /**
+     * @notice Indicates a failure because the user does not have enough CurrencyToken
+     * @param currencyToken CurrencyToken used to mint and burn the FakeComponentToken
+     * @param user Address of the user who is selling the CurrencyToken
+     * @param amount Amount of CurrencyToken required in the failed transfer
+     */
+    error UserCurrencyTokenInsufficientBalance(IERC20 currencyToken, address user, uint256 amount);
+
+    // Initializer
+
+    /**
+     * @notice Initialize the FakeComponentToken
+     * @param owner Address of the owner of the FakeComponentToken
+     * @param name Name of the FakeComponentToken
+     * @param symbol Symbol of the FakeComponentToken
+     * @param currencyToken CurrencyToken used to mint and burn the FakeComponentToken
+     * @param decimals_ Number of decimals of the FakeComponentToken
+     */
+    function initialize(
+        address owner,
+        string memory name,
+        string memory symbol,
+        IERC20 currencyToken,
+        uint8 decimals_
+    ) public initializer {
+        __ERC20_init(name, symbol);
+        __AccessControl_init();
+        __UUPSUpgradeable_init();
+
+        _grantRole(DEFAULT_ADMIN_ROLE, owner);
+        _grantRole(UPGRADER_ROLE, owner);
+
+        FakeComponentTokenStorage storage $ = _getFakeComponentTokenStorage();
+        $.currencyToken = currencyToken;
+        $.decimals = decimals_;
+    }
+
+    // Override Functions
+
+    /**
+     * @notice Revert when `msg.sender` is not authorized to upgrade the contract
+     * @param newImplementation Address of the new implementation
+     */
+    function _authorizeUpgrade(address newImplementation) internal override onlyRole(UPGRADER_ROLE) { }
+
+    /// @notice Number of decimals of the FakeComponentToken
+    function decimals() public view override returns (uint8) {
+        FakeComponentTokenStorage storage $ = _getFakeComponentTokenStorage();
+        return $.decimals;
+    }
+
+    // User Functions
+
+    /**
+     * @notice Buy FakeComponentToken using CurrencyToken
+     * @dev The user must approve the contract to spend the CurrencyToken
+     * @param currencyToken_ CurrencyToken used to buy the FakeComponentToken
+     * @param amount Amount of CurrencyToken to pay to receive the same amount of FakeComponentToken
+     */
+    function buy(IERC20 currencyToken_, uint256 amount) public returns (uint256) {
+        FakeComponentTokenStorage storage $ = _getFakeComponentTokenStorage();
+        IERC20 currencyToken = $.currencyToken;
+
+        if (currencyToken_ != currencyToken) {
+            revert InvalidCurrencyToken(currencyToken_, currencyToken);
+        }
+        if (!currencyToken.transferFrom(msg.sender, address(this), amount)) {
+            revert UserCurrencyTokenInsufficientBalance(currencyToken, msg.sender, amount);
+        }
+
+        _mint(msg.sender, amount);
+
+        emit ComponentTokenBought(msg.sender, currencyToken, amount, amount);
+
+        return amount;
+    }
+
+    /**
+     * @notice Sell FakeComponentToken to receive CurrencyToken
+     * @param currencyToken_ CurrencyToken received in exchange for the FakeComponentToken
+     * @param amount Amount of CurrencyToken to receive in exchange for the FakeComponentToken
+     */
+    function sell(IERC20 currencyToken_, uint256 amount) public returns (uint256) {
+        FakeComponentTokenStorage storage $ = _getFakeComponentTokenStorage();
+        IERC20 currencyToken = $.currencyToken;
+
+        if (currencyToken_ != currencyToken) {
+            revert InvalidCurrencyToken(currencyToken_, currencyToken);
+        }
+        if (!currencyToken.transfer(msg.sender, amount)) {
+            revert CurrencyTokenInsufficientBalance(currencyToken, amount);
+        }
+
+        _burn(msg.sender, amount);
+
+        emit ComponentTokenSold(msg.sender, currencyToken, amount, amount);
+
+        return amount;
+    }
+
+    // Admin Setter Functions
+
+    /**
+     * @notice Set the CurrencyToken used to mint and burn the FakeComponentToken
+     * @param currencyToken New CurrencyToken
+     */
+    function setCurrencyToken(IERC20 currencyToken) public onlyRole(DEFAULT_ADMIN_ROLE) {
+        FakeComponentTokenStorage storage $ = _getFakeComponentTokenStorage();
+        $.currencyToken = currencyToken;
+    }
+
+    // Getter View Functions
+
+    /// @notice CurrencyToken used to mint and burn the FakeComponentToken
+    function getCurrencyToken() public view returns (IERC20) {
+        FakeComponentTokenStorage storage $ = _getFakeComponentTokenStorage();
+        return $.currencyToken;
+    }
+
+}
diff --git a/nest/src/interfaces/IComponentToken.sol b/nest/src/interfaces/IComponentToken.sol
new file mode 100644
index 0000000..d5933f1
--- /dev/null
+++ b/nest/src/interfaces/IComponentToken.sol
@@ -0,0 +1,11 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.25;
+
+import { IERC20 } from "@openzeppelin/contracts/token/ERC20/IERC20.sol";
+
+interface IComponentToken is IERC20 {
+
+    function buy(IERC20 currencyToken, uint256 currencyTokenAmount) external returns (uint256 componentTokenAmount);
+    function sell(IERC20 currencyToken, uint256 currencyTokenAmount) external returns (uint256 componentTokenAmount);
+
+}