According to BlockBeats, Mina Protocol has officially released its new fungible token standard following a successful security audit. This new standard enables developers to create and manage custom tokens on the Mina blockchain, opening up new possibilities for applications in real-world assets (RWA), on-chain gaming, decentralized finance (DeFi), and more. The security audit was conducted by Veridise, ensuring the robustness of the standard.
The main features of the Mina fungible token standard include the ability to create custom tokens, unique identifiers, supply control, transfer capabilities, and integration with zkApps. This development is expected to significantly enhance the functionality and versatility of the Mina blockchain, providing developers with more tools to innovate and expand the ecosystem.
