What is ERC-2222 Token Standard?

The ERC-2222 tokenization standard extends upon Ethereum's widely used ERC-20 token standard. This standard is generally known as the Funds Distribution Token (FDT) standard and is designed to allow a token to represent claims on the future cash flow of loan repayments, dividends, and fee or revenue shares. The FDT standard is a special smart contract implementation that is used by several blockchain projects for staking, liquidity pools, lending and borrowing, and other uses.