BEP-20
The BEP-20 standard is based on the ERC-20 standard used for Ethereum-based tokens, and it provides a similar set of rules and guidelines for token creation and management. BEP-20 tokens can be used for a wide range of purposes, such as facilitating transactions on decentralized exchanges (DEXs), serving as a means of payment for goods and services, and providing access to decentralized finance (DeFi) protocols and applications built on the Binance Smart Chain.