5.2 Technical architecture of the MBOX token, including smart contracts
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Last updated
Last updated
The MBOX token is implemented as an ERC-20 token, the standard for fungible tokens on the Ethereum blockchain, ensuring compatibility with the vast majority of cryptocurrency services.
MBOX's smart contracts are the backbone of the token's functionality. They govern the token's creation, distribution, transfers, and the various utilities it provides. Our smart contracts are designed to be modular, allowing for the seamless introduction of new features such as staking, yield farming, or integration with other DeFi protocols.
The smart contract codebase is publicly audited and undergoes rigorous testing to ensure it adheres to the highest standards of quality and security.
Transferability: MBOX tokens can be easily transferred between any Ethereum wallets that support ERC-20 tokens.
Decentralized Governance: Holders of MBOX tokens can propose and vote on governance decisions, enabling decentralized control over the project’s future.
Automated Rewards: The smart contracts facilitate automated distribution of tokens for airdrops, staking rewards, and community incentives.
