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The ERC20 Token Standard is a set of 8 functions to be included (in an agreed upon language) in a smart token contract in order to enable interoperability across multiple interfaces and dapps. These functions relate to (1) how tokens can be transferred (2) how to access data about the token, and (3) how to format key events like transfers and approvals. ERC stands for Ethereum Request for Comments.
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Token distribution in smart contract? Safemoon et al
The SafeMoon (and copycats) doing the rounds on BSC right now have a mechanism to distribute additional tokens to token holders over time.
I'm curious as to how this works. Presumably having it in the …