1.1 MOTIVATION

Drawing inspiration from early token standards like ERC20, BEP20, & ERC-115, the Lithosphere blockchain introduces a new token standard, the LEP100 (Lithosphere Evolution Proposal 100) token standard made by KaJ Labs founder Joel Kasr. The LEP100 is a novel standard for multi-tokens, allowing for a single contract to represent multiple fungibles and non-fungible tokens, along with batched operations for increased gas efficiency. Most importantly, LEP100 tokens can also exchange for other token equivalents.