Ethereum Token Standards (ERC-20, ERC-721 and ERC-1155)
Here are some of the most popular token standards on Ethereum:
ERC-20 – A standard interface for fungible (interchangeable) tokens, like voting tokens, staking tokens or virtual currencies.
ERC-721 – A standard interface for non-fungible tokens, like a deed for artwork or a song.
ERC-777 – ERC-777 allows people to build extra functionality on top of tokens such as a mixer contract for improved transaction privacy or an emergency recover function to bail you out if you lose your private keys.
ERC-1155 – ERC-1155 allows for more efficient trades and bundling of transactions – thus saving costs. This token standard allows for creating both utility tokens (such as $BNB or $BAT) and Non-Fungible Tokens like CryptoPunks.
ERC-4626 – A tokenized vault standard designed to optimize and unify the technical parameters of yield-bearing vaults.
Last updated