Greetings. 👋🏻 In this post we will tell you about the DSF token features.
Today, there are a huge number of cryptocurrencies and tokens. All of them differ in their purpose, functions and capabilities. Consider the distinguishing features of the DSF token.
📌 DSF Token is an ERC 20 token based on the Ethereum blockchain. The token provides a simple, automatic, and economic way based on the blockchain, rewarding users to develop social relationships, and rewarding users according to the social graph when blockchain financial services occur.
📌 The advantage of ERC-20 tokens is that they are very easy to connect to exchanges, wallets, exchangers and other automated systems. There is no need to understand and explain to the exchange script how to transfer tokens from one account to another for each new token. To do this, it is enough to explain once, and then the same methods will be used.
📌 DSF Tokens of ERC-20 standard have the following opportunities, they can:
- Report the total number of coins issued;
- Report the number of tokens at the user address;
- Send the amount from address to address;
- Transfer the right to dispose of tokens to another user;
- Report how many coins _owner allowed the user to transfer _spender from his account;
- Include in your smart contract the variables name (full name of the token), symbol (short name of the token) and decimals (number of decimal places);
- Trigger two events: Transfer (for any movement of tokens) and Approval (when transferring the transfer right of another's tokens).
📌 The existence of the DSF Token economic system allows the entire DSF blockchain to develop in a self-circulating and self-expanding manner, which is representative of the value of the entire system. The initial supply of DSF tokens is 10 billion.
📌 DSF Token is a functional Token and is used as a means of payment and reward. DSF Token is divided into four categories, including payment and handling fees, node and staking consumption, verification mining rewards, and contract consumption.
📢 Read more about the DSF project here:
https://dsft.io