ERC-20 stands for Ethereum Request for Comments 20. In other words, it is a Token Standard that implements an API for tokens within Smart Contracts using the Ethereum Virtual Machine (EVM).

The standard provides functionalities like transferring tokens from one account to another, getting the current token balance of an account and also the total supply of the token available on the network.


Chat with Ava Labs | Validate on Avalanche | Build on Avalanche

Did this answer your question?