Article Summary, Automatically Generated By AI
Summary of hiCOOLCATS
Key Points
- hiCOOLCATS is an NFTETF token backed by Cool Cats NFTs.
- 1 hiCOOLCATS token represents 1/1,000,000 Cool Cats in an on-chain meta-swap pool.
- No one has control over hiCOOLCATS, and users can redeem Cool Cats NFTs with a 0.6% fee.
Numbers and Figures
- 1,000,000 hiCOOLCATS tokens in circulation for every Cool Cats NFT in the pool.
- 0.6% redemption fee for redeeming Cool Cats NFTs.</
About hiCOOLCATS
In the realm of digital collectibles, hiCOOLCATS is pioneering a novel paradigm, seamlessly merging the realms of art, technology, and community.
Introducing hiCOOLCATS: A Revolutionary Concept
hiCOOLCATS is an innovative NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by the esteemed Cool Cats NFTs (Non-Fungible Tokens). Each hiCOOLCATS token represents a fractional ownership of 1/1,000,000 Cool Cats, securely stored in an on-chain Cool Cats Meta-swap pool, autonomously operated by the Fracton Protocol’s smart contracts. Notably, this decentralized system ensures that no single entity holds control, and users can seamlessly redeem Cool Cats NFTs from hiCOOLCATS tokens, subject to a nominal 0.6% redemption fee.
What Is the Circulating Supply of hiCOOLCATS Coins?
The total supply of hiCOOLCATS tokens is directly tied to the number of Cool Cats NFTs present in the meta-swap pool, with no predetermined upper limit. Specifically, for each Cool Cats NFT in the pool, 1,000,000 hiCOOLCATS tokens are in circulation.
Ensuring the Integrity of the hiCOOLCATS Network: A Robust Security Framework
hiCOOLCATS is an Ethereum-based token, compliant with the ERC-20 standard, thereby leveraging the robust security features of Ethereum’s state machine.
Acquiring hiCOOLCATS: A Comprehensive Guide
The hiCOOLCATS token boasts a widespread presence across multiple platforms, encompassing both decentralized and centralized cryptocurrency exchanges, including prominent names such as
Uniswap
and
KuCoin
.