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Summary of hiODBS
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What is hiODBS?
: An NFTETF token backed by ODBS, representing 1/1,000,000 ownership of one ODBS in the Meta-swap pool. -
Tokenomics
:- Total supply: dependent on the number of ODBS NFTs in the meta-swap pool
- No hard cap
- 1,000,000 HiODBS tokens in circulation for every ODBS NFT in the pool
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Security
: Secured by Ethereum’s state machine as an
About hiODBS: Unlocking the Power of Decentralized Data
Introducing hiODBS: A Revolutionary Data Solution
HiODBS is an NFTETF (Non-Fungible Token Exchange Traded Fund) token, backed by ODBS (Otherdeed for Biogenic Swamp). Each HiODBS token represents a 1/1,000,000 ownership stake in one ODBS within the Meta-swap pool, which operates autonomously on the Fracton Protocol’s smart contracts. Decentralized by design, these tokens are impervious to centralized control, and users can redeem an ODBS NFT from HiODBS tokens at will, with a nominal 0.6% redemption fee.
The Circulating Supply of hiODBS Coins: An Overview
The total supply of HiODBS tokens is directly correlated with the number of ODBS NFTs present in the meta-swap pool, with no predetermined hard cap. Notably, for each ODBS NFT in the pool, a corresponding 1,000,000 HiODBS tokens are in circulation.
Ensuring the Integrity of the hiODBS Network: A Multilayered Security Approach
hiODBS is an Ethereum-based token, compliant with the ERC-20 standard. As a result, it leverages the robust security features of Ethereum’s state machine.
Acquiring hiODBS: A Comprehensive Guide
The hiODBS token is widely available across multiple platforms, including decentralized exchanges and centralized cryptocurrency exchanges, such as
Uniswap
and
KuCoin
.