Lympo’s Tokens are ERC-20 Compliant, but what does it mean?

Lympo
Lympo
Jan 16, 2018 · 3 min read

The ERC-20 is a list of rules that Ethereum tokens must follow and Lympo’s LYM tokens are ERC-20 approved

Tokens are called so because they are digital assets that have values attached to them and work like smart contracts that allow for ease of access, transfer and payment.

LYM tokens that can be used for transactions on Lympo’s ecosystem including the fitness wallet, marketplace and crowdfunding platform are ERC-20 compliant.



Lympo Business Blog

Lympo's mission is to make the world healthier by incentivizing people to exercise and be active. We reward our app users for finishing various fitness related challenges with LYM utility tokens, which can be exchanged for sports and wellness products, provided by our partners.

Lympo

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Lympo

Lympo is making the world healthier by rewarding people for exercising and leading healthier lives.

Lympo Business Blog

Lympo's mission is to make the world healthier by incentivizing people to exercise and be active. We reward our app users for finishing various fitness related challenges with LYM utility tokens, which can be exchanged for sports and wellness products, provided by our partners.