EIP-20

EIP-20 is a technical standard for creating tokens on the Ethereum blockchain, similar to how currencies or points work within a digital system. It defines a common set of rules that all tokens should follow, ensuring they can interact seamlessly with wallets, exchanges, and other smart contracts. This standard makes it easier to develop, deploy, and use tokens consistently across the Ethereum network, promoting interoperability and reliability in decentralized applications and digital assets.