ERC-404, which emerged as a hot topic last month, is an experimental token standard developed by the Pandora team in early February for creators and developers. It is a hybrid of ERC-20 and ERC-721, combining the features of both fungible tokens and non-fungible tokens (NFTs), allowing them to be interchangeable and providing native liquidity and fractionalization. With its early development, more and more participants have started to pay attention to this new protocol standard.What is ERC-40...