/ERC403

Primary LanguageSolidity

ERC-403: Bridging ERC-1155 and ERC-20 Token Standards

Overview

ERC-403 is a new Ethereum token standard designed to seamlessly integrate the capabilities of ERC-1155 and ERC-20. By combining these standards, ERC-403 enables efficient, flexible, and gas-optimized management of both fungible and non-fungible tokens within a single contract. This standard is ideal for applications requiring fractional ownership of non-fungible tokens, enhanced liquidity, and simplified token management.

Features

  • Multi-Token Capability: Supports the creation and management of both fungible (ERC-20) and non-fungible (ERC-1155) tokens.
  • Batch Operations: Efficient batch transfers and operations, reducing gas costs.
  • Mint-and-Burn Mechanism: Allows for the fractionalization of NFTs and the reassembly of fractionalized tokens.
  • Metadata Management: Handles metadata for ERC-1155 tokens effectively.
  • Security and Compatibility: Implements secure transfer and approval mechanisms, ensuring compatibility with existing ERC standards.

Smart Contract Implementation

ERC403 Contract

The ERC403 contract leverages Solmate's minimalist and gas-efficient templates to implement the core functionalities of ERC-1155 and ERC-20 within a unified framework.

Token Contract

The Token contract should implement the ERC-20 standard functionalities to interact seamlessly with the ERC403 contract.

How to Use

Deploying the Contract

Deploy the ERC403 contract to the Ethereum network. Ensure that the Token contract is deployed and properly referenced.

Minting Tokens

Use the _mint and _batchMint functions to create new ERC-1155 tokens that are linked to their ERC-20 counterparts.

Transferring Tokens

Utilize safeTransferFrom and safeBatchTransferFrom for transferring tokens securely between addresses.

Checking Balances

Use balanceOf and balanceOfBatch to check the balances of ERC-1155 tokens.

Approvals

Manage token approvals with the setApprovalForAll function.

Conclusion

ERC-403 aims to bridge the gap between ERC-1155 and ERC-20, providing a flexible and efficient standard for managing a wide variety of tokens on the Ethereum blockchain. This standard is ideal for applications in DeFi, gaming, digital art, and more, offering enhanced liquidity and simplified token management.

License

This project is licensed under the MIT License. See the LICENSE file for more details.