How Does the ERC-1155 Standard Specifically Enable the SFT Structure for Financial Instruments?
ERC-1155 allows a single contract to manage multiple token IDs, each representing a distinct class or tranche of a financial instrument. For instance, Token ID 1 could be 'Bond Tranche A' and Token ID 2 could be 'Bond Tranche B.' Within each ID, the tokens are fungible, but the IDs themselves are distinct, perfectly enabling the semi-fungible nature required for tranches with varying terms.
Glossar
Collateralized Loan Obligations
Obligation ⎊ Collateralized Loan Obligations, within the evolving landscape of cryptocurrency derivatives and financial engineering, represent a structured financial product mirroring the traditional CLO framework but adapted to incorporate crypto-asset exposure.
Erc-1155 Standard
Architecture ⎊ The Erc-1155 Standard represents a significant advancement in tokenization, enabling the creation and management of both fungible and non-fungible tokens within a single smart contract.
ERC-1155
Standard ⎊ This refers to the Ethereum Request for Comment specification that defines a multi-token standard, allowing a single contract to manage both fungible and non-fungible assets simultaneously.