Article Summary, Automatically Generated By AI
Summary of hiMOONBIRDS
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What is hiMOONBIRDS?
: An NFTETF token backed by Moonbirds NFTs, representing 1/1,000,000 Moonbirds in an on-chain pool. -
Token supply
: No hard cap, dependent on Moonbirds NFTs in the pool (1,000,000 hiMOONBIRDS tokens per Moonbirds NFT). -
Security
: Ethereum-based, ERC-20-compatible token, secured by Ethereum’s state machine. -
Availability
: Available on decentralized and centralized exchanges, including Uniswap and KuCoin. -
Redemption fee
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About hiMOONBIRDS: Unlocking the Future of Digital Assets
Introducing hiMOONBIRDS: A Revolutionary Concept
hiMOONBIRDS is an innovative NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by a diverse portfolio of Moonbirds NFTs (Non-Fungible Tokens). Each hiMOONBIRDS token represents a fractional ownership of 1/1,000,000 Moonbirds, securely stored in an on-chain Moonbirds Meta-swap pool, operating autonomously on the Fracton Protocol’s decentralized smart contracts. Notably, this decentralized framework ensures that no single entity has control, and users can seamlessly redeem Moonbirds NFTs from hiMOONBIRDS tokens, subject to a nominal 0.6% redemption fee.
What Is the Circulating Supply of hiMOONBIRDS Coins?
The total supply of hiMOONBIRDS tokens is directly tied to the number of Moonbirds NFTs present in the meta-swap pool, with no predetermined upper limit. Specifically, for each Moonbirds NFT in the pool, 1,000,000 hiMOONBIRDS tokens are in circulation.
Ensuring the Integrity of the hiMOONBIRDS Network: A Robust Security Framework
hiMOONBIRDS is an Ethereum-based token, built in accordance with the ERC-20 standard, thereby leveraging the robust security features of Ethereum’s state machine.
Acquiring hiMOONBIRDS: A Comprehensive Guide
The hiMOONBIRDS tokens boast a widespread presence across multiple platforms, encompassing both decentralized and centralized cryptocurrency exchanges, including prominent names such as
Uniswap
and
KuCoin
.