Web3
ERC-20
The standard interface for fungible tokens on Ethereum, ensuring wallet and exchange compatibility.
Why it matters
- Industry standard for token creation
- Ensures compatibility across the ecosystem
- Foundation for DeFi applications
When to use
- When creating fungible tokens
- For cryptocurrency or utility tokens
- When tokens need exchange listing
Common mistakes
- Not implementing all required functions
- Security vulnerabilities in token logic
- Not following established patterns
Related terms
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