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Summary of hiMAYC
Key Points
- hiMAYC is an NFTETF token backed by MAYC NFTs.
- 1 hiMAYC token represents 1/1,000,000 MAYC in an on-chain MAYC Meta-swap pool.
- Redemption fee: 0.6%.
- Total supply of hiMAYC tokens depends on the number of MAYC NFTs in the pool.
- No hard cap for hiMAYC.
- hiMAYC is an Ethereum-based, ERC-20-compatible token.
- Secured by Ethereum’s state machine.
- Available on
About hiMAYC: Unlocking the Future of Digital Collectibles
Introducing hiMAYC: A Revolutionary Digital Realm
hiMAYC is an innovative NFTETF (Non-Fungible Token Exchange Traded Fund) token, collateralized by a portfolio of MAYC NFTs (Non-Fungible Tokens). Each hiMAYC token is equivalent to 1/1,000,000 MAYC, which is securely stored in an on-chain MAYC Meta-swap pool, operating autonomously on the Fracton Protocol’s decentralized smart contracts. Notably, hiMAYC tokens are decentralized, permissionless, and trustless, allowing users to redeem MAYC NFTs at their discretion, with a nominal redemption fee of 0.6%.
What Is the Circulating Supply of hiMAYC Coins?
The total supply of hiMAYC tokens is directly tied to the number of MAYC NFTs present in the meta-swap pool, with no predetermined upper limit. Specifically, for each MAYC NFT in the pool, 1,000,000 hiMAYC tokens are in circulation.
Ensuring the Integrity of the hiMAYC Network: A Multilayered Security Approach
hiMAYC 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 hiMAYC: A Comprehensive Guide
The hiMAYC tokens are widely accessible across multiple platforms, including decentralized exchanges and centralized cryptocurrency exchanges, such as
Uniswap
and
KuCoin
.