Principles Layer

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A Fungible Token is a vehicle to capture and transfer some kind of value. As a consequence, it must adhere to some fundamental principles. These principles apply to all fkind of Fungible Tokens.

I. Capture Value Faithfully

• MUST Capture value as expected: (Token Value)
  ** token should be able to capture the underlying value: speculative, reputational, external price, intrinsic value
  ** token should be able to protect against whales manipulation
  

II. Protect Holders Value

• MUST Protect value restricted to marked forces (Token Integrity):
  ** Protect investor from Issuer Misuse
  **** prevent issuer minting unexpected tokens
  **** prevent issuer creating tokens in networks out of expected scope
  **** manage the token variables to reflect the reality of the aggregated token
  **** notify users in changes of token behaviour and allow withdraw witout lose of value
  ** Token Security: Protect stakeholders from attack
  **** protect token ownership
  **** prevent attacks and vulnerabilities
  **** protect provder disaster recovery mechanisms
  

III. Inform Token Holders

• MUST allow holders about governance decisions
  ** Token Transparency: Provide to holders all details about the token
  **** provide consolidated data
  ** Token Reporting: Provide to holders all details about the token
  

ERC	Title	Description
ERC-7776	Transparent Financial Statements	Open Transparent Financial Data such as Revenue, Costs of Goods Sold, Operating Expenses, EBITDA and Earnings Per Share for all Investors.
ERC-7512	Onchain Representation for Audits	Proposal to define a contract parseable representation of Audit reports.
ERC-5646	Token State Fingerprint	Unambiguous token state identifier
EIP-2566	Human Readable Parameters for Contract Function Execution	New Ethereum RPC method eth_sendTransactionToContractFunction that parallels eth_sendTransaction but allows for human-readable contract function execution data to be displayed to users.
ERC-2477	Token Metadata Integrity	This specification defines a mechanism by which clients may verify that a fetched token metadata document has been delivered without unexpected manipulation.
ERC-8056	Scaled UI Amount Extension for ERC-20 Tokens	Equity Token support for Stock Splits

IV. Friedly Access to Value

• MUST Make value available (Token Usability)
  ** Token Distribution: Provide the desired network presence to issuer
  **** token should be able to be created in any EVM enhanced network
  **** allow issuers moving to the desired network
  **** allow holders moving to the desired network
  **** allow decentralized intertoken communications
  

V. Privacy

• CAN Token Privacy: Hide token operations to external observers
  ** optionally hide transactions
  

ERC	Title	Description
ERC-7984	Confidential Fungible Token	Confidential fungible tokens use an account-based accounting model while maintaining the confidentiality of transfer amounts and balances.
ERC-7722	Opaque Token	A token specification designed to enhance privacy by concealing balance information.

VI. Compliance

• CAN Token Compliance: Comply with regulatory requirements
  ** optionally require KYC
  

ERC	Title	Description
ERC-2980	Swiss Compliant Asset Token	An interface for asset tokens, compliant with Swiss Law and compatible with [ERC-20](./eip-20.md).
ERC-884	DGCL Token	An ERC-20 compatible token that conforms to Delaware State Senate, 149th General Assembly, Senate Bill No. 69: An act to Amend Title 8 of the Delaware Code Relating to the General Corporation Law, henceforth referred to as ‘The Act’.