What Are the Security Implications of a Poorly Implemented Token Standard?

A poorly implemented token standard can lead to critical vulnerabilities, such as reentrancy attacks, integer overflows, or improper access controls. These flaws can result in unauthorized token minting, loss of user funds, or the ability for an attacker to drain the contract's reserves.

Rigorous auditing and adherence to established standards are essential to prevent such catastrophic security breaches.