Ethereum is a smart-contract blockchain on which applications can issue tokens and run financial, gaming and governance services. ETH is the network’s native asset; an ERC-20 token is created by a separate contract and can have entirely different supply rules and risks.
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An Ethereum ecosystem label can also include applications operating across several chains. Owning their token does not mean owning ETH or a claim on Ethereum’s fee revenue. For a wallet withdrawal, identify Ethereum mainnet versus a Layer 2 or bridged version. The same ticker can refer to different contracts, and an approval can grant an application permission to spend tokens.
