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