Token Standard

A Token Standard is a formalized set of rules and interfaces, typically implemented via a smart contract, that dictates how digital assets are created, managed, and interact with the broader blockchain ecosystem, ensuring interoperability across wallets, exchanges, and decentralized applications (DApps). These standards act as essential blueprints, defining core functions like token transfer, balance checking, and total supply, which are critical for the consistent and reliable operation of the decentralized economy.