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Summary of hiENS4
Key Points
- hiENS4 is an NFTETF token backed by 4-digit ENS NFTs.
- 1 hiENS4 token represents 1/1,000,000 ENS4 in an on-chain ENS4 Meta-swap pool.
- No hard cap for hiENS4; total supply dependent on ENS4 NFTs in the pool.
- 0.6% redemption fee for redeeming ENS4 NFTs from HiENS4 tokens.
- hiENS4 is an Ethereum-based, ERC-20-compatible token secured by Ethereum’s state machine.
- Available on decentralized and centralized exchanges, including Uniswap and
About hiENS4: Empowering a New Era of Decentralized Identity
Introducing hiENS4: A Revolutionary Blockchain-Based Identity Solution
Introducing HiENS4, a pioneering NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by a unique collection of 4-digit ENS (Ethereum Name Service) NFTs (Non-Fungible Tokens). Each HiENS4 token represents a fractional ownership of 1/1,000,000 ENS4, which is seamlessly managed within an on-chain ENS4 Meta-swap pool, operating autonomously on the Fracton Protocol’s smart contracts. Notably, this decentralized system ensures that no single entity can exert control, and users can redeem ENS4 NFTs from HiENS4 tokens at their discretion, with a nominal 0.6% redemption fee.
The Circulating Supply of hiENS4 Coins: An Overview
The total supply of HiENS4 tokens is directly correlated with the number of ENS4 NFTs present in the meta-swap pool, with no predetermined hard cap. Notably, for each ENS4 NFT in the pool, a corresponding 1,000,000 HiENS4 tokens are in circulation.
Ensuring the Integrity of the hiENS4 Network: A Multilayered Security Approach
hiENS4 is an Ethereum-based token, compliant with the ERC-20 standard, thereby leveraging the robust security afforded by Ethereum’s state machine.
Where to Acquire hiENS4?
The hiENS4 token boasts a widespread presence across multiple platforms, encompassing both decentralized and centralized cryptocurrency exchanges, including prominent names such as
Uniswap
and
KuCoin
.