Top ERC20 Tokens: Examples of ERC20 Tokens
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On the Ethereum network, a plethora of ERC20 token lists have been generated. A few well-known top ERC20 tokens are as follows:
Ethereum (ETH): An ERC20 token is the native cryptocurrency of the Ethereum blockchain.
Binance Coin (BNB) - Binance Coin (BNB) is a well-known utility token that can be used in the Binance ecosystem for transactions, trading fees, and other purposes.
USD Coin (USDC) - The US dollar-pegged stablecoin USD Coin (USDC) is useful for decentralized finance (DeFi) applications and stable value transfers.
Chainlink (LINK) - A decentralized oracle network called Chainlink (LINK) links smart contracts to external data sources.
Uniswap (UNI) - Voting on proposals for the Uniswap decentralized exchange is done using the Uniswap (UNI) governance token.
Tether (USDT) - Another well-known stablecoin that is based on the US dollar and is frequently used for transfers and trading is Tether (USDT).
Maker (MKR) - A governance token for the MakerDAO platform, Maker (MKR) enables users to collateralize other cryptocurrencies to create the stablecoin DAI.
Aave (AAVE) - Aave (AAVE) is a DeFi platform that uses a variety of cryptocurrencies for lending and borrowing services. The AAVE token is used for incentives and governance.
Compound (COMP) - Another DeFi lending and borrowing platform, Compound (COMP), uses the COMP token for governance and reward distribution.
Dai (DAI) - Dai (DAI) is a stablecoin that is created using a decentralized method in MakerDAO by securing collateral and governing with the MKR token.
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