What is hiAZUKI (HIAZUKI) Token?
hiAZUKI (HIAZUKI) is the native token of Fracton Protocol, which provides permissionless liquidity and oracle for all kinds of NFT collectibles. hiAZUKI is based on Ethereum (ERC20).
The token has a maximum supply of 11,000,000 and a total supply of 3,000,000. As of December 27, The hiAZUKI price is $0.02121 with a 24-hour trading volume of $3,124,200 USD.
hiAZUKI (HIAZUKI) Tokenomics
1.FT
$Fracton(FT) officially launched on the 11st of August 2022. The $Fracton token is an essential component of such infrastructures as it functions as the governance token, incentivizes user participation, and serves as the primary payment token of the Fracton ecosystem.
Supply:
The total supply of 100,000,000 is distributed as such:
- 51% to DAO Treasury
- 14% to mining incentives
- 14% to funding
- 5% to advisors
- 10% to team employee
- 3% to marketing
- 3% to IEO
2.hiBAYC
hiBAYC is an hiNFT representing 1/1,000,000 ownership of one BAYC in the BAYC Meta-Swap pool.
Supply:
The supply cap of hiBAYC is determined by the number of BAYC in the pool, and it might slightly fluctuate due to redemption and newly-fractionalization. The value of each hiBAYC is pegged to NFT assets in the pool.
3.hiPUNKS
hiPUNKS is an hiNFT representing 1/1,000,000 ownership of one CryptoPunk in the PUNKS Meta-Swap pool.
Supply:
The supply cap of hiPUNKS is determined by the number of CryptoPunks in the pool, and it might slightly fluctuate due to redemption and newly-fractionalization. The value of each hiPUNKS is pegged to NFT assets in the pool.
4.hiENS4
hiENS4 is an hiNFT representing 1/1,000,000 ownership of one 4-digit ENS in the ENS4 Meta-Swap pool.
For assets consistency, Fracton Protocol wrapped 4-digit ENS for fractionalization, and hiENS4 is issued backed by those wrapped 4-digit ENS accordingly.
Supply:
The supply cap of hiENS4 is determined by the number of 4-digit ENS in the pool, and it might slightly fluctuate due to redemption and newly-fractionalization. The value of each hiENS4 is pegged to NFT assets in the pool.
5.hiSAND33
hiSAND33 is an ERC-20 token representing 1/1,000,000 ownership of a bundle of 3X3 Sandbox lands in the SAND33 Meta-Swap pool.
For assets consistency, Fracton Protocol wrapped 9 adjacent Sandbox Lands into a combined NFT, and hiSAND33 is issued backed by those wrapped 3×3 lands accordingly.
Supply:
The supply cap of hiSAND33 is determined by the number of wrapped 3×3 lands in the pool, and it might slightly fluctuate due to redemption and newly-fractionalization. The value of each hiSAND33 is pegged to NFT assets in the pool.
What is the Fracton Protocol Project?
Fracton protocol is an NFT-based liquidity infrastructure, aiming to provide unified solution for NFT liquidity population. The protocol is implemented as a set of smart contracts, designed to prioritize censorship resistance, security as well as gas efficiency.
Fracton Protocol enables the NFT liquidity with 2-step fractionalization, making expensive non fungible assets into affordable shares.
