About hiAZUKI Coin
hiAZUKI Coin 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. Fracton Protocol is designed to fractionalized any target NFT collections, instead of a single NFT token, by leveraging Chainlink VRF for swapping pNFT for a random Raw NFT hold by the protocol.
Traditional swap relays on dedicated liquidity pools for swapping tokens. This requires initial liquidity and LPs for building the liquidity pool. Fracton Swap creates pool-less swap based on a “LRMB” mechanism. The swap always Lock/Release tokens on the one side of ERC721/ ERC1155 / ERC20 token pairs, and Mint&Burn tokens on the other side.
hiAZUKI Coin Point Table
| Coin Basic | Information |
|---|---|
| Coin Name | hiAZUKI Coin |
| Short Name | HIAZUKI |
| Circulating Supply | N/A |
| Max Supply | 11,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
How does Fracton protocol compared to typical NFT market ?
As known to all, liquidity is a significant factor for NFT market trading. The better liquidity, the better price for NFT. Typical NFT market has limited depth due to its native character which is ownership can not be shared on the blockchain in any formal capacity. However, Fracton Protocol succeed to break up normal NFT into a new form in a cost- effective and DeFi-oriented way.
Permissionless Protocol
Permissionless design means that the protocol’s services are entirely open for public use, with no ability to selectively restrict who can or cannot use them. Anyone can swap, provide liquidity. This is a departure from traditional financial services, which typically restrict access based on geography, wealth status, and age. The protocol is also immutable, in other words not upgradeable. No party is able to pause the contracts, reverse trade execution, or otherwise change the behavior of the protocol in any way.
Stateless System
By reducing the frequency and the volume of adding data to the Ethereum state, Fracton tackles the state explosion problem by creating a “stateless system” that runs on Ethereum mainnet with absolute cost efficiency. Fracton protocol does not add any state variables to be updated for user actions.
Furthermore, Fracton protocol reduces traditional token contract _balance state variable updates which:
- reduce >25% gas in token exchange comparing to traditional swap, by its pool-less swap design, by mint/burn user address tokens instead of transferring between user address and swap.
- reduce >50% gas comparing to traditional swap in converting BlindBox into pNFT, by embedding BlindBox business logic into Fracton pNFT contract.
Why Choose hiAZUKI Coin?
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 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. You can check more details on Meta-Swap Address.
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.
Where Can You Buy hiAZUKI Coin?
Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On KuCoin, As It Has The Highest HIAZUKI/USDT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include HIAZUKI/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
Market Screenshot
hiAZUKI Coin Supported Wallet
Several Browser And Mobile App Based Wallets Support hiAZUKI. Here Is Example Of Wallet Which hiAZUKI – Trust Wallet For Hardware Ledger Nano.
FAQ Of hiAZUKI Coin
Where I Can Find hiAZUKI Whitepaper?
You Can Find hiAZUKI Whitepaper By Clicking Here.
Where I Can Buy/Sell Balancer Token?
You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – KuCoin.
What is Circulating Supply Of Balancer Token?
Circulating Supply Of Balancer Token Is N/A.
