🪐About Lins404

What is LINS404?

LINS404 is a next-generation multi-functional asset issuance protocol that integrates Inscription’s fairness, ERC20’s high liquidity and NFT’s scarcity, enabling inscriptions and NFTs to have native liquidity, redefining asset issuance standards.

Why launch LINS404?

Recently, a new force called ERC404 has emerged in the crypto world, enhancing the liquidity of NFTs. The LINS20 protocol is also committed to enhancing the liquidity and scalability of inscriptions, with the same initial intention as ERC404, and can be seamlessly integrated to achieve more powerful functionality. This gave birth to the LINS404 protocol, a next-generation asset issuance protocol that combines the features of ERC404 and LINS20.

Features of LINS404:

Native sharding

LINS404 contains NFT contracts and ERC20 mirrored contracts, and engraves inscription data onto mirrored contracts. This binds NFTs and inscriptions to ERC20 to achieve fragmentation of NFTs and inscriptions. For every NFT or inscription you hold, you'll receive N ERC20 tokens, and vice versa.

Enhanced liquidity

By sharding illiquid digital assets into smaller, more tradable ERC20 assets, LINS404 makes it easier to trade and add liquidity in various markets, significantly enhancing the liquidity of NFTs and inscriptions.

Burnable deflation

LINS404 features a burning function - transferring the corresponding ERC20 assets will partially burn, further strengthening the scarcity of NFTs and inscriptions.

Compatibility and interoperability

LINS404 is seamlessly compatible with existing asset protocols such as ERC20 and ERC721. Existing assets can be upgraded to LINS404 assets through packaging tools provided by LINS404 to achieve seamless conversion.