Principles Layer
A Fungible Token is a instrument 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. 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
IV. 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
| Type | Feature | Capture | Protect | Accessible | Disclosure |
| Contract | Open Source | ||||
| Contract | Verified contract source | ||||
| Contract | Proxy contract | ||||
| Contract | source does not contain an owner contract | ||||
| Contract | Creator not authorized for special permission | ||||
| Contract | Has suspicious functions | ||||
| Contract | External call | ||||
| Creator | Creator address | ||||
| Creator | Creator balance | ||||
| Supply | Mintable | ||||
| Supply | Burnable | ||||
| Supply | Creator wallet contains less than 5% of circulating token supply (0%) | ||||
| Supply | All other holders possess less than 5% of circulating token supply | ||||
| Supply | Top 10 token holders possess less than 70% of circulating token supply (12.23%) | ||||
| Supply | At least 95% of largest pool's liquidity burned/locked for 15 days or longer (99.99%) | ||||
| Supply | Adequate current liquidity | ||||
| Owner | Owner address | ||||
| Owner | Owner balance | ||||
| Owner | Hidden owner | ||||
| Owner | Has obfuscated address | ||||
| Owner | Ownership renounced | ||||
| Owner | Owner can change balance | ||||
| Transfer | Transfer pausable | ||||
| Transfer | Honeypot | ||||
| Transfer | Trading cooldown | ||||
| Transfer | Can't sell all | ||||
| Tax | Buy tax | ||||
| Tax | Sell tax | ||||
| Tax | Tax modifiable | ||||
| Holders | Has blacklist | ||||
| Holders | Has whitelist | ||||
| Holders | Is anti whale | ||||
| Holders | Holder count | ||||
| Holders | LP Holder count |