Quipuswap
  • introduction
    • What is QuipuSwap?
    • Participants
    • QuipuSwap subprojects
      • QuipuSwap Farms
      • Quipuswap Stable DEX
      • Token to Token Swaps
      • Governance (text-only)
  • Get Started
    • Install Wallet
    • How to get TEZ
    • How to find my tokens
    • Connect wallet
    • FAQ
  • Dex Guides
    • Overview
    • Types of the exchange (Token/TEZ, Token/Token)
    • How to use the DEX
      • Trade
      • How to add liquidity to an existing liquidity pool
      • How to create a new liquidity pool
      • How to remove liquidity
      • How to vote for a baker
      • How to ban/veto a baker
  • Tezos Tokens
    • What is a Token?
    • What is the difference between FA1.2 and FA2 standards?
    • QUIPU Tokenomics
  • Smart Contracts
    • Dex token edition
      • Overview
      • Dex
      • Exceptions
    • QuipuSwap stable swap DEX
      • 🛠️Developer module
        • 📄Storage & action types
        • 🔵Developer setter entrypoints
          • set_dev_address
          • set_dev_fee
      • 🏠Standalone DEX
        • 📄Storage and types overview
        • 🟡Initialization
          • set_admin_function
          • set_dev_function
          • set_dex_function
          • set_token_function
        • 🟠Add new dex
          • add_pool
        • 🔵DEX methods
          • invest
          • swap
          • 📤Divesting
            • divest
            • divest_imbalanced
            • divest_one_coin
          • 🤑DEX rewards
            • claim_referral
            • stake
        • 🛠️Developer methods
          • claim_developer
          • Dev module entrypoints
        • 🛑Admin methods
          • add_rem_managers
          • ramp_A
          • set_admin
          • set_fees
          • stop_ramp_A
      • 🏭Factory
        • 📄Storage and types overview
        • 🟡Initial setup
          • set_init_function
          • set_dev_function
          • DEX compiled codebase setup
            • set_admin_function
            • set_dex_function
            • set_token_function
        • 🟠Initialize new DEX flow
          • add_pool
          • start_dex
        • 💱Deployed from factory DEX
          • 📄Storage and types overview
          • 🟡Initialization
            • copy_dex_function
            • freeze
          • 🔵DEX methods
          • 🛠️Claim developer rewards
          • 🛑Admin methods
        • 🛑Developer methods
          • claim_rewards
          • 🧑‍💻Factory management
            • 🟢Factory params
              • set_burn_rate
              • set_price
              • set_whitelist
            • 🔵Dev module entrypoints
    • Dex 2.0
      • ⁉️Errors overview
      • 🥐BakerRegistry contract
        • Storage and types overview
        • Entrypoints overview
          • validate
          • register
      • ⚙️FlashSwapsProxy contract
        • Storage and types overview
        • Entrypoints overview
          • default
      • 🧺Bucket contract
        • Storage and types overview
        • Entrypoints overview
          • fill
          • pour_out
          • pour_over
          • withdraw_rewards
          • ban_baker
          • vote
          • default
        • On-chain views overview
          • is_banned_baker
          • get_tez_balance
          • get_user_candidate
      • ⚖️Auction contract
        • Storage and types overview
        • Entrypoints overview
          • Auction entrypoints
            • receive_fee
            • launch_auction
            • place_bid
            • claim
          • Admin entrypoints
            • set_admin
            • confirm_admin
            • set_baker
            • set_fees
            • set_auction_duration
            • set_min_bid
            • update_whitelist
            • withdraw_dev_fee
            • withdraw_public_fee
            • burn_bid_fee
      • 🏦DexCore contract
        • Storage and types overview
        • Entrypoints overview
          • DEX entrypoints
            • launch_exchange
            • invest_liquidity
            • divest_liquidity
            • swap
            • withdraw_profit
            • claim_interface_fee
            • claim_interface_tez_fee
            • withdraw_auction_fee
            • vote
          • Admin entrypoints
            • set_admin
            • confirm_admin
            • set_flash_swaps_proxy
            • set_auction
            • add_managers
            • set_fees
            • set_collecting_period
            • update_token_metadata
            • ban
          • Permits' entrypoints
            • permit
            • set_expiry
          • FA2 entrypoints
            • transfer
            • update_operators
            • balance_of
          • Callbacks
            • launch_callback
            • flash_swap_callback
            • close
        • On-chain views overview
          • check_is_banned_baker
          • get_reserves
          • get_total_supply
          • get_swap_min_res
          • get_toks_per_share
          • get_cumulative_prices
          • get_collecting_period
    • Trusted contracts
    • Farming
      • Referral system overview
      • Fees overview
      • Rewards precision overview
      • BakerRegistry contract
        • Storage and types overview
        • Entrypoints overview
          • validate
          • register
      • Burner contract
        • Storage and types overview
        • Entrypoints overview
          • default
          • burn_callback
      • ProxyMinter contract
        • Storage and types overview
        • Entrypoints overview
          • Admin entrypoints
            • add_minter
            • withdraw_tokens
            • set_admin
            • confirm_admin
          • Minter entrypoint
            • mint_tokens
      • QFarm contract
        • Storage and types overview
        • Entrypoints overview
          • Farming entrypoints
            • deposit
            • withdraw
            • harvest
          • FA2 entrypoints
            • transfer
            • update_operators
            • balance_of
          • Admin entrypoints
            • set_admin
            • confirm_admin
            • set_fees
            • set_reward_per_second
            • set_burner
            • set_proxy_minter
            • set_baker_registry
            • set_is_v1_lp
            • ban_bakers
            • add_new_farm
            • pause_farms
            • burn_tez_rewards
            • withdraw_farm_depo
            • update_token_metadata
          • Other entrypoints
            • burn_farm_rewards
            • default
      • TFarm contract
        • Storage and types overview
        • Entrypoints overview
          • Farming entrypoints
            • deposit
            • withdraw
            • harvest
          • FA2 entrypoints
            • transfer
            • update_operators
            • balance_of
          • Admin entrypoints
            • set_admin
            • confirm_admin
            • set_fees
            • set_reward_per_second
            • set_burner
            • set_baker_registry
            • set_is_v1_lp
            • ban_bakers
            • add_new_farm
            • pause_farms
            • burn_tez_rewards
            • claim_farm_rewards
            • withdraw_farm_depo
            • update_token_metadata
          • Other entrypoints
            • default
  • Brand and Logos
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  1. Tezos Tokens

What is the difference between FA1.2 and FA2 standards?

PreviousWhat is a Token?NextQUIPU Tokenomics

Last updated 3 years ago

Any Tezos user can create a custom token of his own. To facilitate tokenization Tezos employs several token standards:

  • FA 1.2 is the more generic one, supporting only fungible tokens (akin to Ethereum's ERC-20). FA 2 is an advanced standard that also supports NFTs (similar to ERC-721 standard) and allows for multiple tokens to be managed on the same contract (like ERC-1155).

  • FA 2 is an advanced standard that also supports NFTs (similar to ERC-721 standard) and allows for multiple tokens to be managed on the same contract (like ERC-1155). NFT is a non-fungible token (FA2 standard). Each NFT is absolutely unique. This standard is most suited for minting digital collectible items, art objects, tickets, etc.

More information about differences between FA1.2 and FA2 standards you may find in our .

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educational article