Glossary

  • BEP-20: A token standard on the Binance Smart Chain that extends ERC-20, the common standard for creating fungible tokens on Ethereum.

  • ERC-1155: A multi-token standard that enables a single contract to represent multiple token types, including both fungible and non-fungible tokens.

  • DeFi (Decentralized Finance): An emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies, eliminating the need for financial intermediaries.

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