Multi-purpose Tokens

Attention

Multi-purpose Token functionality is part of the proposed XLS-33d extension to the XRP Ledger protocol. You can use these functions on test networks for now. Until there is an amendment in a stable release, the details documented on these pages are subject to change.

Multi-purpose tokens (MPTs) are a more compact and flexible type of fungible token.

Unlike trust lines, MPTs do not represent bidirectional debt relationships. Instead, MPTs function more like a unidirectional trust line with only one balance. This reduces the overhead to support common tokenization requirements, including non-monetary use cases such as tracking reputation points in an online game.