#IERC20 Agreement What exactly is it?

iERC20 is a new Ethereum-based token protocol that provides a low-cost token ecosystem that allows anyone to deploy, mint, and trade tokens on it. $Ethi, as the first token in the iERC20 ecosystem, has received official support. This protocol not only provides Ethereum users with more choices, but also promotes the development of the inscription ecology on the Ethereum chain.

In the latest cryptocurrency development, the iERC20 protocol and the Binance-incubated GameFi project Sparkle announced a collaboration to introduce Inscription NFT and other inscription assets on iERC20, aiming to use the advantages of inscription to enhance the gameplay of the GameFi ecosystem. This collaboration has attracted widespread attention in the Ethereum community, especially shifting the focus from ETHS to the iERC20 protocol.

The uniqueness of the iERC20 protocol is that it not only develops the Swap function, but also integrates the EVM cross-chain function, building a bridge between Ethereum Inscription and traditional Layer2. This feature allows the protocol to introduce more mainstream coins and stable coins, thereby expanding the TVL of the Inscription ecosystem and providing more development possibilities for the entire system.

In addition, the iERC20 protocol also plans to introduce a fair mining model of PoW and cooperate with other projects to launch new inscriptions, similar to the mining method of the Atom protocol. This strategy is expected to bring new impetus to the development of the Ethereum ecosystem.

$Ethi’s divisible technology makes it more attractive to retail investors. Although the current market capitalization is very low, its development potential cannot be ignored. There's still a lot of room.

In the iERC20 ecosystem, $Ethi is regarded as an important tool, similar to a shovel, providing special empowerment to its holders. For example, users holding $Ethi may receive inscription airdrops from collaborative projects, such as the recent collaboration with Sparkle. In addition, the FOMO sentiment in the community is spreading. Many investors are optimistic about the future development potential of $ethi, believing that it is the leading token officially recognized by iERC20 and will increase in value with the launch of the PoW mechanism and the continued development of the Inscription ecosystem.