What is Hifluf Fractionalized Nft Kucoin

Article Summary, Automatically Generated By AI

Summary of hiFLUF

Key Points

  • hiFLUF is an NFTETF token backed by FLUF World NFTs.
  • 1 hiFLUF token represents 1/1,000,000 FLUF World NFTs in an on-chain meta-swap pool.
  • No one has control over hiFLUF tokens, and users can redeem FLUF World NFTs with a 0.6% redemption fee.

Numbers and Figures

  • 1,000,000 hiFLUF tokens in circulation for every FLUF World NFT in the meta-swap pool.
  • 0.6% redemption fee for redeeming FLUF World N

About hiFLUF: Empowering the Future of Digital Assets

Introducing hiFLUF: A Revolutionary Platform

hiFLUF is an innovative NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by the esteemed FLUF World NFTs (Non-Fungible Tokens). Notably, one hiFLUF token represents a fractional ownership of 1/1,000,000 FLUF World NFTs, which are dynamically pooled within an on-chain FLUF World Meta-swap pool, operating autonomously via the Fracton Protocol’s decentralized smart contracts. Characterized by decentralization, no single entity possesses control, and users are empowered to redeem FLUF World NFTs from hiFLUF tokens in a permissionless manner, subject to a nominal 0.6% redemption fee.

The Circulating Supply of hiFLUF Coins: An Overview

The total supply of hiFLUF tokens is directly tied to the number of FLUF World NFTs present in the meta-swap pool, with no predetermined upper limit. Specifically, for each FLUF World NFT in the pool, 1,000,000 hiFLUF tokens are in circulation.

Ensuring the Integrity of the hiFLUF Network: A Multilayered Security Framework

hiFLUF is an Ethereum-based token, compliant with the ERC-20 standard. As a result, it benefits from the robust security afforded by Ethereum’s state machine.

Acquiring hiFLUF: A Comprehensive Guide

hiFLUF tokens are widely accessible across multiple platforms, including decentralized exchanges and centralized cryptocurrency exchanges, such as

Uniswap

and

KuCoin

.

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