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Information about "FractonX"
What Exactly Is FractonX (FT)?
FractonX serves as a liquidity infrastructure anchored on NFTs, designed to unlock the financial potential of NFT collectibles by dividing them into smaller portions. This approach overcomes common challenges found in other NFT liquidity systems, such as inefficiency, high transaction costs, and restricted functionality. The system operates through a collection of smart contracts, like meta-swap, which prioritize resistance to censorship, robust security, and cost-effective gas usage. Fracton partners with Exchanges to develop NFT ETFs, offering users a seamless and efficient experience in trading fractionalized NFTs. Through a solid NFT ETF, Fracton is able to address NFT price feed issues across various applications, including NFT oracle, lending, and perpetual trading.
FT acts as the native utility token, which is utilized for:
1. Encouraging interactive activities on the FractonX platform.
2. Participating in governance votes to decide incentive allocations through vote-escrow FT.
Fracton invites both individuals and organizations to participate by incorporating their NFT collections into the Fracton ecosystem. Its goal is to make it possible for everyone to "Purchase your preferred top NFT in any quantity."
FT acts as the native utility token, which is utilized for:
1. Encouraging interactive activities on the FractonX platform.
2. Participating in governance votes to decide incentive allocations through vote-escrow FT.
Fracton invites both individuals and organizations to participate by incorporating their NFT collections into the Fracton ecosystem. Its goal is to make it possible for everyone to "Purchase your preferred top NFT in any quantity."
How Many FT Coins Are in Circulation?
The overall supply of Fracton (FT) is 100,000,000 tokens.
The FT token serves the following purposes:
1. To encourage user interactions on the Fracton Protocol.
2. For governance voting to set incentive distributions via vote-escrow FT.
The FT token serves the following purposes:
1. To encourage user interactions on the Fracton Protocol.
2. For governance voting to set incentive distributions via vote-escrow FT.
What Ensures the Security of the FT Network?
FT is an ERC-20 token based on the Ethereum blockchain, and it benefits from the security provided by Ethereum's Ethash algorithm.
"FractonX" price data