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Summary of hiENS3
Key Points
- hiENS3 is an NFTETF token backed by 3-digit ENS.
- 1 hiENS3 token represents 1/1,000,000 ownership of 1 3-digit ENS.
- No authority controls hiENS3, and users can redeem 3-digit ENS NFTs with a 0.6% fee.
Supply and Circulation
- Total supply of hiENS3 tokens depends on the number of 3-digit ENS NFTs in the meta-swap pool.
- No hard cap for hiENS3.
- 1,000,000 Hi
About hiENS3: Empowering the Future of Decentralized Identity
Introducing hiENS3: A Revolutionary Blockchain-Based Identity Solution
Introducing HiENS3, a pioneering NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by a unique portfolio of 3-digit ENS assets. Each HiENS3 token represents a fractional ownership of 1/1,000,000 in a 3-digit ENS, which is seamlessly integrated into the Meta-swap pool, operating autonomously on the Fracton Protocol’s decentralized smart contracts. Notably, these tokens are decentralized, permissionless, and free from centralized control. Furthermore, users can redeem a 3-digit ENS NFT from HiENS3 tokens at a nominal redemption fee of 0.6%.
What Is the Circulating Supply of hiENS3 Coins?
The total supply of HiENS3 tokens is directly correlated with the number of 3-digit ENS NFTs present in the meta-swap pool, with no predetermined hard cap. Notably, for each 3-digit ENS NFT in the pool, a corresponding 1,000,000 HiENS3 tokens are in circulation.
Ensuring the Integrity of the hiENS3 Network: A Multilayered Security Approach
hiENS3 is an Ethereum-based token, compliant with the ERC-20 standard. As a result, it leverages the robust security afforded by Ethereum’s state machine.
Where to Acquire hiENS3?
The hiENS3 token boasts a widespread presence across multiple platforms, encompassing both decentralized and centralized cryptocurrency exchanges, including prominent names such as
Uniswap
and
KuCoin
.