We are using the kitchen sink substrate node with the standard balances pallet. No changes. The chain mints native tokens using the usual processes. My question is: what token standard is used in the standard Substrate balances pallet? ERC-20, or BEP or EVM Compatible? Or something else? I have not seen this discussed.
1 Answer
I don't think any external 'token standard' is applicable here. If you would like to know what kind of operations are supported you can look at the traits implemented by balances
pallet: Currency, LockableCurrency, ReservableCurrency.