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What Is hiCOOLCATS?
hiCOOLCATS is an NFTETF token backed by the Cool Cats NFTs. Each hiCOOLCATS token represents 1/1,000,000 Cool Cats in an on-chain Cool Cats Meta-swap pool on the Fracton Protocol. The tokens are controlled by smart contracts and users can redeem Cool Cats NFTs from hiCOOLCATS tokens with a 0.6% redemption fee.
How Many hiCOOLCATS Coins Are There in Circulation?
The total supply of hiCOOLCATS tokens depends on the number of Cool Cats NFTs in the meta-swap pool. There is no hard cap for hiCOOLCATS. For each Cool Cats NFT in the pool, there are 1,000,000 hiCOOLCATS tokens in circulation.
How Is the hiCOOLCATS Network Secured?
hiCOOLCATS is an Ethereum-based, ERC-20-compatible token secured by Ethereum's state machine.
Where Can I Buy hiCOOLCATS?
hiCOOLCATS tokens are available on various platforms, including decentralized exchanges like Uniswap (https://BYDFi.com/exchanges/uniswap-v2/) and centralized cryptocurrency exchanges like BYDFi (https://BYDFi.com/exchanges/BYDFi/).
Answers
What Is hiCOOLCATS?
hiCOOLCATS is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by the Cool Cats NFTs (Non-Fungible Tokens). One hiCOOLCATS token represents 1/1,000,000 Cool Cats in an on-chain Cool Cats 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 Cool Cats NFTs from hiCOOLCATS tokens with only a 0.6% redemption fee.
How Many hiCOOLCATS Coins Are There in Circulation?
The total supply of hiCOOLCATS tokens is dependent on the number of Cool Cats NFTs in the meta-swap pool. There is no hard cap for hiCOOLCATS. For every Cool Cats NFT in the pool, there are 1,000,000 hiCOOLCATS tokens in circulation.
How Is the hiCOOLCATS Network Secured?
hiCOOLCATS is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.