Frequently asked questions
- What Blockchains are supported for Contract Generation?
- Currently we support Ethereum, Binance Smart Chain, xDAI, Matic, Elrond.
- What is ERC20?
- A standard interface allows any tokens on Ethereum to be re-used by other applications: from wallets to decentralized exchanges. https://eips.ethereum.org/EIPS/eip-20.
- What is BEP20?
- It is same as ERC20 for Binance Smart Chain. More details can be found here: https://academy.binance.com/en/glossary/bep-20.
- What is EDST?
- It's custom native token on Elrond Network. https://docs.elrond.com/developers/esdt-tokens/
- What is Governance aware Token?
- Smart Contract which can be govern the various parameters of the protocol with the dependent token. Ex: https://github.com/compound-finance/compound-protocol/blob/master/contracts/Governance/Comp.sol
- What is Yield Farming Contract?
- Smart Contract which can be configured to Stake LP tokens and Earn xToken.
- What is Staking Contract?
- Smart Contract which can be configured to Stake xToken and Earn xToken.
- Are these Smart Contracts audited?
- Yes. All the smart contracts generated on DeFi Wizard is Audited.
- Who owns the generated tokens?
- You are the sole owner of all the tokens. You can transfer it to other parties from your wallet.