TEP-20
Overview
The TEP20 token standard is a core component of the Taral-chain blockchain, similar to the ERC20 standard in Ethereum. It defines a set of rules and functionalities that a token contract must follow to ensure compatibility and interoperability across the Taral-chain ecosystem.
Key Features of TEP20
Transferable: Tokens can be transferred from one account to another.
Transfer Approval: A token owner can approve another account to transfer tokens on their behalf.
Balance Query: The balance of any account can be queried.
Allowance Query: The amount of tokens that an owner allowed to a spender can be queried.
Use Cases
Digital Currency: TEP20 tokens can represent any fungible assets such as currencies, points, or in-game items.
Fundraising: Used in Initial Coin Offerings (ICOs) or token sales.
Staking and Rewards: Can be used in various decentralized finance (DeFi) applications for staking and reward distribution.
Deploying TEP20 Token Contracts
There are several methods to deploy a TEP20 token contract on the Taral-chain network.
Last updated