ERC-404: The New Experimental Token Standard in the Ethereum Ecosystem
ERC-404, the latest experimental token standard in the Ethereum ecosystem, aims to bridge the gap between ERC-20 and ERC-721 standards. This novel concept of “semi-fungibility” allows NFTs to be traded with the liquidity of fungible tokens. However, caution should be exercised as ERC-404 lacks security auditing and peer review, making it vulnerable to potential exploits that may result in asset loss.
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