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BEP-87: Token Symbol Minimum Length Change (#87)
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* new BEP

* rename BEP

* marks on BEP2 and BEP8
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fletcher142 committed Jan 19, 2021
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2 changes: 1 addition & 1 deletion BEP2.md
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Expand Up @@ -30,7 +30,7 @@ BEP-2 Proposal describes a common set of rules for token management within the B

## 3. Status

This BEP is already implemented.
This BEP is already implemented, and it has been improved via [BEP87](./BEP87.md).

## 4. Motivation

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2 changes: 1 addition & 1 deletion BEP8.md
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Expand Up @@ -36,7 +36,7 @@ BEP-8 Proposal describes a common set of rules for Mini-BEP2 token management wi

## 3. Status

This BEP is already implemented.
This BEP is already implemented, and it has been improved via [BEP87](./BEP87.md).

## 4. Motivation

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30 changes: 30 additions & 0 deletions BEP87.md
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# BEP-87: Token Symbol Minimum Length Change

## 1. Summary
This BEP proposes to reduce the minimum length limit for token symbol on Binance Chain

## 2. Abstract
Currently, the token symbol minimum length is limited to 3. After implementing this BEP, the users are allowed to issue a token with a symbol of 2 characters.

## 3. Status
draft

## 4. Motivation
As many users have the requirements to issue a two-character token on Binance Chain, the minimum token symbol length will be changed to 2 in this BEP.

## 5. Specification

### Length Changes
When the issuer sends an issue transaction for issuing BEP2/BEP8 token, the token symbol length must be between 2-8. Here is the comparison of the length check below:

| **Token Type** | **Length Check(Before)** | **Length Check(After)** |
| :------------- | :----------------------- | :---------------------- |
| BEP2 | 3-8 | 2-8 |
| BEP8 | 3-8 | 2-8 |

After the implementation of this BEP, the token symbol length of Binance Chain would be between 2 and 8.

## 6. License

The content is licensed under [CC0](https://creativecommons.org/publicdomain/zero/1.0/).

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