ERC-404 nerd manual
Last updated
Last updated
Token ERC-404 is a combination of an NFT + ERC-20:
1 NFT is minted in the wallet if it holds enough ERC-20
1 NFT is burned in the wallet if ERC-20 is sold.
Hold 10,000 ERC-20 to get 1 NFT
Sell some ERC-20, so you have <10 000, and your NFT is burned
Buyback, so you have at least 10,000 ERC-20 - the NFT is minted again in your wallet
