Contract
An ERC20 token represents a currency or utility token and is widely used in DeFi (decentralized finance) applications for purposes such as trading, lending, and borrowing. ERC20 tokens provide a standard set of rules for creating and managing tokens, making it easier for managers to create new tokens that are compatible with existing wallets and exchanges. They are also the most commonly used type of token in ICOs (Initial Coin Offerings) and other token sales.
Contract actions
ERC20 Contracts have extra actions that can be performed from admin panel.
You can find more details for all
actions here.
Additional info
To view the main information for each token contract, click on the VIEW
button. This will display the following
details:
- name - token name
- symbol - token ticker on the market
- address - the address of the contract
- decimals - number of characters after comma (always 18 for deployed contracts)
- cap - max amount of tokens ever possible to mint
- chain - id of the chain
- features - contract's features