Different blockchains have different set of rules for developers willing to develop tokens or projects on their blockchain. If you want to make a token on a popular blockchain, you need to follow their standards. These standards are a set of rules. Below are some popular token standards. ERC-20 (Standard Ethereum token, it is transferable and fungible).ERC-721 (Popular … [Read more...] about Token Standards
When you have connected metamask with binance smart chain, adding tokens can be a challenge. If you are a noob, you will search for the token name in metamask. This will not work, cause metamask doesn't recognize BEP-20 tokens yet. There is a simple solution to this. Go to Binance Smart Chain.Search for the token in the search bar.Copy Contract Address.Go to MetaMask.Add … [Read more...] about Searching Binance Smart chain tokens to add in Metamask
What is Liquidity Pool Token? To determine the share of a liquidity provider in a pool, platforms generate a new token for the pair. This token is known as liquidity pool token or LP token. They generate in accordance to the pair and share of the pool. For example, if a trader contribute $40 worth of KMD and USDT to a Binance smart chain pool with a total value of $200. … [Read more...] about What are Liquidity pool tokens?