Discussion for ERC-7518
DyCIST is a proposed token standard that extends ERC-1155 and combines its functionality with other existing token standards, introducing unique features for interoperability, cross-chain operation, and token wrapping.
ERC-7518 defines a partitioned, semi-fungible token interface designed for regulated Real-World Assets (RWA). Existing token standards like ERC-20, ERC-721, and ERC-1155 cover fungibility and transfers, but they don’t natively handle the requirements of regulated assets such as compliance checks, partitioned balances, forced actions, or custody.
Why it matters
RWA tokenization needs a standard that can satisfy issuers, custodians, and regulators without reinventing the wheel for every jurisdiction. ERC-7518 provides the base layer for this.
Core Features
- Dynamic compliance hooks - onchain canTransfer, pluggable policy modules for US, EU, and global jurisdictions.
- Semi-fungibility and partitions - ERC-1155 native, with partition-scoped balances, rules, and lifecycle ops.
- Forced actions - standardized interfaces for force transfer, redeem, freeze/unfreeze, with audit events.
- Escrow and custody aware - vault-compatible holds/releases, authority-gated withdrawals, freezes without breaking accounting.
- Identity-agnostic - issuer-controlled eligibility checks, works with onchain or off-chain KYC, or custom registries, no hard dependencies.
- Cross-chain interoperability - clean split between token logic and bridging, proof-friendly events, adapters for message buses and wrappers.
- Upgrade and governance ready - parameters stored on-chain, upgradable via governed registry or parameter NFT.
- Minimal, safe admin surface - role separation, explicit scopes, no overlap between user and admin paths.
- Indexer-friendly events - partition-aware mint/burn/freeze/force ops with operator and reason codes.