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Summary of hiFRIENDS
Key Points
- hiFRIENDS is an NFTETF token backed by Invisible Friends NFTs.
- 1 hiFRIENDS token represents 1/1,000,000 Invisible Friends in an on-chain meta-swap pool.
- Redemption fee: 0.6%.
- Total supply: dependent on the number of Invisible Friends NFTs in the pool.
- No hard cap for hiFRIENDS.
- 1 Invisible Friends NFT = 1,000,000 hiFRIENDS tokens.
- hiFRIENDS is an Ethereum-based, ERC-20-compatible token.
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About hiFRIENDS: Empowering a New Era of Digital Connections
Introducing hiFRIENDS: A Revolutionary Social Platform
hiFRIENDS is an innovative NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by the esteemed Invisible Friends NFTs (Non-Fungible Tokens). Notably, a single hiFRIENDS token represents a fractional ownership of 1/1,000,000 Invisible Friends, securely stored in an on-chain Invisible Friends Meta-swap pool, which operates autonomously on the Fracton Protocol’s decentralized smart contracts. Characterized by its decentralized nature, hiFRIENDS tokens are impervious to centralized control, and users can redeem Invisible Friends NFTs with unparalleled ease, subject to a nominal 0.6% redemption fee.
What Is the Circulating Supply of hiFRIENDS Coins?
The total supply of hiFRIENDS tokens is directly tied to the number of Invisible Friends NFTs present in the meta-swap pool, with no predetermined upper limit. Specifically, for each Invisible Friends NFT in the pool, 1,000,000 hiFRIENDS tokens are in circulation.
Ensuring the Integrity of the hiFRIENDS Network: A Robust Security Framework
hiFRIENDS 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 hiFRIENDS: A Comprehensive Guide
hiFRIENDS tokens are widely accessible across multiple platforms, including decentralized exchanges and centralized cryptocurrency exchanges, such as
Uniswap
and
KuCoin
.