BEP-20 Token: Standards, Airdrops, and DeFi Applications

When working with BEP-20 token, a token standard on Binance Smart Chain that defines how tokens behave and interact. Also known as BEP20, it enables developers to create fungible assets that can be traded, staked, or used in financial apps. Built on Binance Smart Chain, a high‑performance blockchain that supports BEP‑20 assets, the token can be distributed through airdrop, a free token giveaway mechanism often used to bootstrap communities. In the world of DeFi, decentralized finance services that run on smart contracts, BEP‑20 tokens power liquidity pools, yield farms, and lending platforms. BEP-20 token therefore bridges simple token creation and complex financial engineering.

Key attributes and how they shape the ecosystem

The BEP‑20 standard specifies four core attributes: totalSupply, balanceOf, transfer, and allowance. These attributes let wallets read balances, move tokens, and approve third‑party contracts. Because the standard mirrors Ethereum’s ERC‑20, developers can port existing tools with minimal changes, which speeds up project launches. Tokenomics built on these attributes often include burn mechanisms, staking rewards, and governance voting—features you’ll see in many of the airdrop guides below. Smart contracts on Binance Smart Chain enforce these rules automatically, so users get predictable behavior without a central authority.

All the articles in this collection pull these concepts together. You’ll find a deep dive on how airdrops use the BEP‑20 standard to reach thousands of wallets, reviews of DeFi platforms that rely on BEP‑20 liquidity, and step‑by‑step tutorials for creating your own token. Whether you’re hunting for the next free token giveaway or building a yield farm, the posts below give you the practical details you need to act confidently.