EIPs/EIPS/eip-token-standard.md

4.1 KiB

Preamble

EIP: <to be assigned> (I Suggest 20)
Title: <EIP title>
Author: Fabian Vogelsteller <fabian@ethereum.org>, Vitalik Buterin <vitalik.buterin@ethereum.org>
Type: Informational
Status: Draft
Created: 2015-11-19

Simple Summary

A standard interface for tokens.

Abstract

The following standard allows for the implementation of a standard API for tokens within their smart contracts: it primarily provides basic functionality to transfer tokens and allow them to be approved to be spend by another on-chain third party.

Motivation

A standard interface allows any tokens on Ethereum to be re-used by other applications: from wallets to decentralized exchanges.

Specification

Token

Methods

NOTE: An important point is that callers should handle false from returns (bool success). Callers should not assume that false is never returned!

name

function name() constant returns (string name)

Returns the name of the token. E.g. "MyToken"

symbol

function symbol() constant returns (string symbol)

Returns the symbol of the token. E.g. "MYT"

decimals

function decimals() constant returns (uint8 decimals)

Returns the number of decimals the token uses. E.g. 8, which would mean to divide the token amount by 100000000 to get its user representation.

totalSupply

function totalSupply() constant returns (uint256 totalSupply)

Get the total token supply

balanceOf

function balanceOf(address _owner) constant returns (uint256 balance)

Get the account balance of another account with address _owner

transfer

function transfer(address _to, uint256 _value) returns (bool success)

Transfer _value amount of tokens to address _to

transferFrom

function transferFrom(address _from, address _to, uint256 _value) returns (bool success)

Send _value amount of tokens from address _from to address _to

The transferFrom method is used for a withdraw workflow, allowing contracts to send tokens on your behalf, for example to "deposit" to a contract address and/or to charge fees in sub-currencies; the command should fail unless the _from account has deliberately authorized the sender of the message via some mechanism; we propose these standardized APIs for approval:

approve

function approve(address _spender, uint256 _value) returns (bool success)

Allow _spender to withdraw from your account, multiple times, up to the _value amount. If this function is called again it overwrites the current allowance with _value. To prevent attack vectors like the one described here: https://docs.google.com/document/d/1YLPtQxZu1UAvO9cZ1O2RPXBbT0mooh4DYKjA_jp-RLM/ make sure to set the allowance to 0 before setting it to another value for the same spender.

allowance

function allowance(address _owner, address _spender) constant returns (uint256 remaining)

Returns the amount which _spender is still allowed to withdraw from _owner

Events

Transfer

event Transfer(address indexed _from, address indexed _to, uint256 _value)

Triggered when tokens are transferred.

Approval

event Approval(address indexed _owner, address indexed _spender, uint256 _value)

Triggered whenever approve(address _spender, uint256 _value) is called.

Implementation

There are already plenty of ERC20-compliant tokens deployed on the Ethereum network and is the most widely used standard. Different implementations have been written by various teams that have different trade-offs: from gas saving to improved security.

Example implementations are available at

Implementation adding the force 0 before calling approve again:

Copyright and related rights waived via CC0.