The Aptos team introduced a "flexible" token standard
August 24th, 2023

The Aptos blockchain development team has introduced a new token standard called Aptos Digital Asset (DA) tokens. This new token standard is designed to offer enhanced flexibility, composability, and scalability compared to existing standards.

According to the developers, Aptos DA tokens bring several advantages, including seamless airdrops, individual asset pegging, and improved performance. The new standard addresses limitations found in other token standards such as SPL, ERC-721, and the previous TokenV1 standard developed by Aptos itself.

The team emphasized that Aptos DA tokens offer solutions to these limitations and provide a significant improvement to the network. The protocol's governance has been simplified, and its interface has been improved, allowing developers to create more dynamic and adaptive ecosystems.

One notable aspect of Aptos DA tokens is their improved performance and reduced gas costs. These tokens are designed to make better use of storage, leading to faster data retrieval times and more efficient data optimization. Overall, the introduction of Aptos DA tokens aims to provide a more advanced and versatile token standard within the Aptos blockchain ecosystem.

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