Tokenlon Head of Growth: ERC-777 has great potential, and many other DeFi protocols will also support

Lucas Huang, head of growth at the decentralized exchange Tokenlon, praised ERC-777’s token protocol standard during the “Crypto Tonight” event. He believes that ERC-777 has great potential. It is backward compatible and can Speeding up fee reductions for specific transactions, supporting sending data, etc. “Based on the new features brought by ERC-777 that can improve user experience while protecting user assets, Tokenlon chose the ERC-777 protocol to issue imBTC.” He added that Only imBTC uses the ERC-777 standard, PoolTogether tokens, and Augur v2 tokens all use ERC-777. Uniswap v2 and Compound v2 also support ERC-777 tokens. “Crypto Tonight” is a talk show jointly launched by Winkrypto, Lianwen and Yama. In this event, 6 guests were invited to discuss topics related to decentralized finance (DeFi).