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BEP8: Mini-BEP2 Tokens #69

Merged
merged 5 commits into from
Jun 19, 2020
Merged

BEP8: Mini-BEP2 Tokens #69

merged 5 commits into from
Jun 19, 2020

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EnderCrypto
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@EnderCrypto EnderCrypto commented Mar 24, 2020

Similar to SME board in the traditional stock markets, introducing Mini-BEP2 Tokens is to benefit the below scenarios in which the normal BEP2 tokens are expensive and not convenient to issue/list:

  • Small enterprise tokens of utility and/or shares
  • Point system
  • Intellectual Property (IP) tokens

Different from the normal BEP2, using a mini-token system is good at:

  • Very cheap (much less than BEP2) to issue tokens, as it takes less network resource
  • Easy and very cheap to list tokens, fully self-managed. It does not need to get validators vote to list against BNB and BUSD.

BEP-8 Proposal describes a common set of rules for Mini-BEP2 token management within the Binance Chain ecosystem. It introduces the following details of Mini-BEP2 token on Binance Chain:

  • What information makes a Mini-BEP2 token on Binance Chain
  • What actions can be performed on a Mini-BEP2 token on Binance Chain
  • How Mini-BEP2 token trading is different from BEP2 token trading

@EnderCrypto EnderCrypto changed the title Add BEP69 BEP69: Mini-BEP2 Tokens Mar 24, 2020
@darren-liu
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This is a good proposal, which potentially brings significant change in Binance Chain token economy. I suggest we reuse some non-used BEP proposal number, such as 8, instead of 69.

@EnderCrypto EnderCrypto changed the title BEP69: Mini-BEP2 Tokens BEP8: Mini-BEP2 Tokens Apr 2, 2020
@corollari
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I propose merging this proposal, given that this has already been made part of the chain (see this upgrade announcement). Merging would also fix the currently broken link in the announcement.

@chainwhisper chainwhisper merged commit e2bac8c into master Jun 19, 2020
@zaman10d
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Setup. Quick

@zaman10d
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Later comment. Back home

@pomnt
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pomnt commented Oct 31, 2021

Similar to SME board in the traditional stock markets, introducing Mini-BEP2 Tokens is to benefit the below scenarios in which the normal BEP2 tokens are expensive and not convenient to issue/list:

  • Small enterprise tokens of utility and/or shares
  • Point system
  • Intellectual Property (IP) tokens

Different from the normal BEP2, using a mini-token system is good at:

  • Very cheap (much less than BEP2) to issue tokens, as it takes less network resource
  • Easy and very cheap to list tokens, fully self-managed. It does not need to get validators vote to list against BNB and BUSD.

BEP-8 Proposal describes a common set of rules for Mini-BEP2 token management within the Binance Chain ecosystem. It introduces the following details of Mini-BEP2 token on Binance Chain:

  • What information makes a Mini-BEP2 token on Binance Chain
  • What actions can be performed on a Mini-BEP2 token on Binance Chain
  • How Mini-BEP2 token trading is different from BEP2 token trading

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@DELJUJAZI DELJUJAZI left a comment

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Tks

@blaaauw
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blaaauw commented May 14, 2022 via email

@Maxim17081983
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mini_token_bep

@kazhall9
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kazhall9 commented Oct 1, 2022

i bed for this

@09168806659
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mini_token_bep

1 similar comment
@09168806659
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mini_token_bep

@atifnimran
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This is right

@Cplus360
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Cplus360 commented May 5, 2023

Similar to SME board in the traditional stock markets, introducing Mini-BEP2 Tokens is to benefit the below scenarios in which the normal BEP2 tokens are expensive and not convenient to issue/list:

  • Small enterprise tokens of utility and/or shares

  • Point system

  • Intellectual Property (IP) tokens

Different from the normal BEP2, using a mini-token system is good at:

  • Very cheap (much less than BEP2) to issue tokens, as it takes less network resource

  • Easy and very cheap to list tokens, fully self-managed. It does not need to get validators vote to list against BNB and BUSD.

BEP-8 Proposal describes a common set of rules for Mini-BEP2 token management within the Binance Chain ecosystem. It introduces the following details of Mini-BEP2 token on Binance Chain:

  • What information makes a Mini-BEP2 token on Binance Chain

  • What actions can be performed on a Mini-BEP2 token on Binance Chain

  • How Mini-BEP2 token trading is different from BEP2 token tr

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@alice22foster alice22foster left a comment

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Ok

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@jonesk7734 jonesk7734 left a comment

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😀

@unclezoro unclezoro deleted the mini_token_bep branch November 28, 2023 04:08
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