BEP-2 Tokenization Standard

The BEP-2 Tokenization Standard is a technical framework established by Binance for creating and managing tokens on the Binance Chain blockchain. It outlines the specifications and guidelines necessary for token issuance, transfer, and management within the Binance Chain ecosystem.

Examples:

• Binance Coin (BNB): One of the primary examples of a token created using the BEP-2 standard on the Binance Chain.
• BUSD (Binance USD): Another example of a token adhering to the BEP-2 standard, representing a stablecoin pegged to the value of the US dollar.

Cases:

• Projects and organizations can tokenize their assets or develop their native digital currencies on the Binance Chain using the BEP-2 Tokenization Standard.
• Exchanges and wallets supporting the Binance Chain ecosystem ensure compatibility with tokens adhering to the BEP-2 standard for seamless token transfers and transactions.
• Developers and token issuers must comply with the specifications outlined in the BEP-2 standard when creating and managing tokens on the Binance Chain to ensure interoperability and compliance with platform protocols.