Standard Token

  • ️Most ideal for utility.
  • No extra functions like transaction tax
  • Basic Send/Approve/Allowance Contract
  • An ERC20 token contract keeps track of fungible tokens: any one token is exactly equal to any other token; no tokens have special rights or behavior associated with them. This makes ERC20 tokens useful for things like a medium of exchange currency, voting rights, staking, and more.