ASC-20 Token Standard

[shyos]

Defining a Best Practices token standard for ASC-20 . This should help developers & communities to deploy, track, mint and transfer tokens easily.

By default; It will follow the BRC-20 Standard with respecting some of the rules set by the ASC-20 minters.

Below are the three events for an ASC-20 token;

Deploy

• Deploys an ASC20 to network.
• Data pattern:
  data:,{"p":"asc-20","op":"deploy","tick":"token_name","max":"max_supply","lim":"mint_limit_per_inscription"}

Mint

• User mints tokens
• Data pattern:
  data:,{"p":"asc-20","op":"mint","tick":"token_name","amt":"mint_amount"}

Transfer

• User transfers tokens
• Data pattern:
  data:,{"p":"asc-20","op":"transfer","tick":"token_name","amt":"transferred_amount"}

An ACP will soon follow with detailed rules.