ERC-20 Compliance and Updates
ERC-20 Compliance and Updates
All standard EIP-20 methods are implemented for KIBT, such as balanceOf
, transfer
, transferFrom
, approve
, totalSupply
.
However, the underlying logic of some of those methods differs from EIP20 standards to fit an interest bearing token behavior :
balanceOf
will always return the most up to date balance of the user, which includes their principal balance (baseBalance
) + the yield generated by the principal balance up to the last epoch timestamp.totalSupply
will always return the most up to date total supply of KIBTokens, which includes the principal supply + the yield generated by the principal balance up to the last epoch timestamp.
Transfers behave mostly like the standard EIP-20 method with the exception of the available balance check and the cumulativeYield
refresh.
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