hiRENGA stands as an NFTETF (Non-Fungible Token Exchange Traded Fund) token, firmly backed by the Renga NFTs (Non-Fungible Tokens). Each hiRENGA token symbolizes 1/1,000,000 Renga within an on-chain Renga Meta-swap pool, operating seamlessly on the Fracton Protocol's smart contracts. With no central authority, users enjoy the liberty to redeem Renga NFTs from hiRENGA tokens with just a nominal 0.6% redemption fee.
How Many hiRENGA Coins Are There in Circulation?
The total supply of hiRENGA tokens corresponds to the quantity of Renga NFTs within the meta-swap pool. There exists no hard cap for hiRENGA. For every Renga NFT present in the pool, 1,000,000 hiRENGA tokens circulate.
How Is the hiRENGA Network Secured?
Based on Ethereum, hiRENGA functions as an ERC-20-compatible token, ensuring security through Ethereum's state machine.
Where Can I Buy hiRENGA?
hiRENGA tokens are accessible across various platforms, including decentralized exchanges and centralized cryptocurrency exchanges such as Uniswap and KuCoin.
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