What is Hiazuki

Article Summary, Automatically Generated By AI

Here is a summary of the text in HTML format:

Summary


  • What is hiAZUKI?

    : An NFTETF token backed by Azuki NFTs, representing 1/1,000,000 Azuki in an on-chain Azuki Meta-swap pool.

  • Total Supply

    : No hard cap, 1,000,000 hiAZUKI tokens in circulation for every Azuki NFT in the pool.

  • Security

    : Secured by Ethereum’s state machine as an ERC-20-compatible token.

  • Where to Buy

    : Available on decentralized exchanges (e.g. Uniswap) and centralized cryptocurrency exchanges (e.g. KuCoin).
  • <

About hiAZUKI

At the forefront of innovation, hiAZUKI is a pioneering force in the realm of cryptocurrency and blockchain technology.

Introducing hiAZUKI: A Revolutionary Digital Asset

hiAZUKI is an innovative NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by a diverse portfolio of Azuki NFTs (Non-Fungible Tokens). Each hiAZUKI token is equivalent to 1/1,000,000th of an Azuki NFT, which is securely stored in an on-chain Azuki Meta-swap pool, operating autonomously on the Fracton Protocol’s decentralized smart contracts. Notably, this decentralized framework ensures that no single entity has control over the tokens, and users can redeem Azuki NFTs from hiAZUKI tokens at their discretion, with a nominal redemption fee of 0.6%.

The Circulating Supply of hiAZUKI Coins: An Overview

The total supply of hiAZUKI tokens is directly correlated with the number of Azuki NFTs present in the meta-swap pool, with no predetermined hard cap. Notably, for each Azuki NFT in the pool, a corresponding 1,000,000 hiAZUKI tokens are in circulation.

Ensuring the Integrity of the hiAZUKI Network: A Multilayered Security Approach

hiAZUKI 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 hiAZUKI: A Comprehensive Guide

The hiAZUKI token boasts a widespread presence across multiple platforms, encompassing both decentralized and centralized cryptocurrency exchanges, including prominent names such as

Uniswap

and

KuCoin

.

Scroll to Top