HiODBS is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by ODBS (Otherdeed for Biogenic Swamp). One HiODBS token represents 1/1,000,000 ownership of one ODBS in the Meta-swap pool operating automatically on the Fracton Protocol's smart contracts. No one has the authority to control them, and it's also permissionless for users to redeem an ODBS NFT from HiODBS tokens with only a 0.6% redemption fee.

The total supply of HiODBS tokens is dependent on the number of ODBS NFTs in the meta-swap pool. There is no hard cap for hiODBS. For every ODBS NFT in the pool, there are 1,000,000 HiODBS tokens in circulation.

hiODBS is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.

hiODBS tokens are available on numerous platforms. These include decentralized exchanges and centralized cryptocurrency exchanges: [Uniswap](https://BYDFi.com/exchanges/uniswap-v2/), [BYDFi](https://BYDFi.com/exchanges/BYDFi/)

HiODBS is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by ODBS (Otherdeed for Biogenic Swamp). One HiODBS token represents 1/1,000,000 ownership of one ODBS in the Meta-swap pool operating automatically on the Fracton Protocol's smart contracts. No one has the authority to control them, and it's also permissionless for users to redeem an ODBS NFT from HiODBS tokens with only a 0.6% redemption fee.

The total supply of HiODBS tokens is dependent on the number of ODBS NFTs in the meta-swap pool. There is no hard cap for hiODBS. For every ODBS NFT in the pool, there are 1,000,000 HiODBS tokens in circulation.

hiODBS is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.

hiODBS tokens are available on numerous platforms. These include decentralized exchanges and centralized cryptocurrency exchanges: [Uniswap](https://BYDFi.com/exchanges/uniswap-v2/), [BYDFi](https://BYDFi.com/exchanges/BYDFi/)