Cryptocurrency Q&A Is POWR an erc20?

Is POWR an erc20?

Valentina Valentina Mon Oct 28 2024 | 5 answers 936
The user wants to know whether POWR, which is the native token of the Power Ledger platform for energy trading, is an ERC20 token or not. They are seeking confirmation on its technical classification within the Ethereum ecosystem. Is POWR an erc20?

5 answers

DigitalDynasty DigitalDynasty Tue Oct 29 2024
The process of migration will lead to the deprecation of staking.

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HallyuHeroine HallyuHeroine Tue Oct 29 2024
This dual existence on two different blockchains signifies a significant shift for POWR.

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HanbokGlamourQueenElegance HanbokGlamourQueenElegance Tue Oct 29 2024
POWR will undergo a transformation as part of this migration.

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Andrea Andrea Tue Oct 29 2024
It will become an SPL token on the Solana blockchain.

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OliviaTaylor OliviaTaylor Tue Oct 29 2024
Additionally, POWR will retain its status as an ERC-20 token on Ethereum.

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