BEP-20 tokens

632,714 coins #15 Page 755

BEP-20 tokens are created on BNB Smart Chain. More

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# Coins Price Market cap 24h

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38K https://t.me/dinosquad_finance DINOSQUAD $ --
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38K Jasmine JASMINE $ --
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38K AT WORLD @ $ --
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38K Burn Burn $ --
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38K Dfyn Network DFYN $ --
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38K HAMI $HAMI $ --
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38K Index Coop - ETH 2x Flexible Leverage Index (Polygon) ETH2X-FLI-P $ --
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38K 太安逸了 太安逸了 $ --
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38K Scalr SCALR $ --
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38K LootBot LOOT $ --
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38K MOMO MOMO $ --
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38K Deploy On BNB DEPLOY $ --
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38K Generational Wealth WEALTH $ --
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Trending BEP-20 tokens

Top Gainers
Coins Price Market cap 24h
Superp (Formerly Vanilla Finance) $SUP $ 0.00689
$ 3.33M
$ 3.33 million
+95.01%
DAR Open Network D $ 0.0158
$ 12.63M
$ 12.63 million
+39.24%
DEPINSIM Token ESIM $ 0.00531
$ 714,073
$ 714,073
+39.10%
Yei Finance CLO $ 0.139
$ 40.22M
$ 40.22 million
+30.21%
Trade Tide Token TTD $ 0.000957
$ 196,226
$ 196,226
+29.97%
All Gainers

What are BEP-20 tokens?

BEP-20 tokens are like the tools that make things work in the Binance Smart Chain (BSC). They build on the ERC-20 standard and set the rules for how tokens move around, get created, and even disappear within the BSC. Basically, they're the technical rules that make different things possible in this system.

How are BEP-20 tokens used in smart contracts?

These tokens boast versatile functionalities within smart contracts:

  • Token Transfers: Facilitating direct, decentralized transactions.

  • Token Burning: Reduction of token supply or staking incentives.

  • Token Minting: The ability to generate new tokens for specific purposes.

  • NFT Creation: Enabling the development of unique digital assets.

  • DeFi and Gaming: Integration into decentralized financial services and gaming applications.

Smart contracts that utilise BEP-20 tokens

PancakeSwap, Venus, and SafeMoon stand as prime examples, pioneering DeFi and decentralized exchange functionalities by harnessing BEP-20 tokens.

Benefits of BEP-20 tokens

Some of the advantages of this token standard include:

  • Standardization: Establishing uniformity for compatibility.

  • Empowering Contracts: Expanding the realm of token functionalities.

  • dApp Advancements: Fueling financial services within decentralized applications.

  • Efficiency: Swift transactions at minimal transactional costs.

  • Interoperability: Seamless integration with other BSC tokens and wallets.

Limitations of BEP-20 tokens

Some of the cons of this token standard include:

  • Security Concerns: Vulnerabilities requiring continual vigilance.

  • Centralization Risks: Reliance on Binance's control over BSC.

  • Interoperability Constraints: Limited compatibility with alternate blockchain platforms.

  • Regulatory Challenges: Varied regulatory landscapes across jurisdictions.

  • Evolving Ecosystem: A growing, yet evolving environment with ongoing developments.

Final thoughts on BEP-20 tokens

BEP-20 tokens—much more than just digital assets. They're the architectural underpinnings shaping a new era in decentralized finance, NFTs, and varied blockchain applications. Understanding their potential and limitations is key to navigating this landscape of decentralized prospects.