Update ERC-7720: Deferred token transfer

Merged by EIP-Bot.
connext · Jun 12, 2024 · f74302f · f74302f
1 parent a8198b0
commit f74302f
Showing 1 changed file with 1 addition and 1 deletion.
diff --git a/ERCS/erc-7720.md b/ERCS/erc-7720.md
@@ -15,7 +15,7 @@ requires: 20
 
 This standard specifies that allows users to deposit [ERC-20](./eip-20.md) tokens for a beneficiary. The beneficiary can withdraw the tokens only after a specified future timestamp. Each deposit transaction is assigned a unique ID and includes details such as the token address, sender, recipient, amount, unlock time, and withdrawal status.
 
-### Motivation
+## Motivation
 
 In various scenarios, such as vesting schedules, escrow services, or timed rewards, there is a need for deferred payments. This contract provides a secure and reliable mechanism for time-locked token transfers, ensuring that tokens can only be transferred after a specified timestamp is reached. By facilitating structured and delayed payments, it adds an extra layer of security and predictability to token transfers. This is particularly useful for scenarios where payments are contingent upon the passage of time.