KuCoin is extremely proud to announce a new NFT ETF coming to our trading platform — hiENS3, powered by the Fracton Protocol. hiENS3(HIENS3) is now available on KuCoin. The trading pair HIENS3/USDT will be supported.
Note: hiENS3 is an ERC-20 token representing 1/1,000,000 ownership of one 3-digit ENS in the ENS3 Meta-Swap pool of Fracton Protocol. For each 3-digit ENS added to the pool, the total supply of hiENS3 will increase by 1 million. In contrast, for each 3-digit ENS redeemed from the pool, the total supply of hiENS3 will decrease by 1 million.
Please take note of the following schedule:
Tags: NFT ETF, Blue-Chip NFT
Initial Total Supply: 6,000,000 HIENS3
Watch the deep dive into HIENS3: What is NFT ETF?
About Fracton Protocol
Fracton Protocol is an NFT liquidity infrastructure with a two-step fractionalization (ERC721-ERC1155-ERC20), and it provides permissionless liquidity and oracle for all kinds of NFTs. Based on a deeply reformed ERC1155 middle layer standard, Fracton is building a non-status smart contract system to increase the protocol’s efficiency, lower gas fees, and maximize asset security.
Discord: https://discord.gg/fracton-protocol
Twitter: https://twitter.com/FractonProtocol
Whitepaper: https://doc.fracton.cool/
Official website: https://www.fracton.cool/
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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