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What Is hiSQUIGGLE?
hiSQUIGGLE is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by the Chromie Squiggle NFTs (Non-Fungible Tokens). One hiSQUIGGLE token represents 1/1,000,000 Chromie Squiggle in an on-chain Chromie Squiggle Meta-swap pool operating automatically on the Fracton Protocol's smart contracts. No one has the authority to control them, and it's also permissionless for users to redeem Chromie Squiggle NFTs from hiSQUIGGLE tokens with only a 0.6% redemption fee.
How Many hiSQUIGGLE Coins Are There in Circulation?
The total supply of hiSQUIGGLE tokens is dependent on the number of Chromie Squiggle NFTs in the meta-swap pool. There is no hard cap for hiSQUIGGLE. For every Chromie Squiggle NFT in the pool, there are 1,000,000 hiSQUIGGLE tokens in circulation.
How Is the hiSQUIGGLE Network Secured?
hiSQUIGGLE is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.
Where Can I Buy hiSQUIGGLE?
hiSQUIGGLE tokens are available on numerous platforms. These include decentralized exchanges and centralized cryptocurrency exchanges:[Uniswap] (https://BYDFi.com/exchanges/uniswap-v2/)[BYDFi] (https://BYDFi.com/exchanges/BYDFi/)
Answers
What Is hiSQUIGGLE?
hiSQUIGGLE is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by the Chromie Squiggle NFTs (Non-Fungible Tokens). One hiSQUIGGLE token represents 1/1,000,000 Chromie Squiggle in an on-chain Chromie Squiggle Meta-swap pool operating automatically on the Fracton Protocol's smart contracts. No one has the authority to control them, and it's also permissionless for users to redeem Chromie Squiggle NFTs from hiSQUIGGLE tokens with only a 0.6% redemption fee.
How Many hiSQUIGGLE Coins Are There in Circulation?
The total supply of hiSQUIGGLE tokens is dependent on the number of Chromie Squiggle NFTs in the meta-swap pool. There is no hard cap for hiSQUIGGLE. For every Chromie Squiggle NFT in the pool, there are 1,000,000 hiSQUIGGLE tokens in circulation.
How Is the hiSQUIGGLE Network Secured?
hiSQUIGGLE is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.
Where Can I Buy hiSQUIGGLE?
hiSQUIGGLE tokens are available on numerous platforms. These include decentralized exchanges and centralized cryptocurrency exchanges: [Uniswap](https://BYDFi.com/exchanges/uniswap-v2/), [BYDFi](https://BYDFi.com/exchanges/BYDFi/)
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