What is hiBEANZ ($HIBEANZ)?
hiBEANZ ($HIBEANZ) is an ERC-20 token on Ethereum representing 1/1,000,000 ownership of a BEANZ Official in the Meta-Swap pool of Fracton Protocol. The BEANZ collection has quickly gained popularity among AZUKI holders due to its cute and highly appreciated art design. Over 40% of BEANZ holders are also AZUKI holders, and BEANZ holds a special place in AZUKI's roadmap. The BEANZ collection is set to be characterized and embodied with storytelling, aimed at onboarding more web 2.0 users to the AZUKI metaverse.
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.