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$TINY 404 nft fractionalization mechanics explained (been getting a few Qs about this recently):
- nft burning follows LIFO (last in first out): the most recently acquired nft is burned first when fractionalized
- token ID does not exceed the total supply (5k). token IDs are recycled when fractionalized/recombined, which means previously burnt unicorns are reborn when combined. the collection (including traits) is conserved within this 5k set
- fractionalizing and recombining an NFT does not guarantee you get the same token ID back
- example: if u transfer 2.8 $TINY to someone:
>> they get +2 NFTs (2.0 tokens → NFTs). The 0.8 tokens remain as erc20 only.
>> if they later receive +0.2 $TINY more, they'll now get +1 more NFT (since their balance becomes 3.0).
- if u wanna trade $TINY but also have some favorite unicorns nfts in your wallet that u don't want fractionalized, just transfer those nfts directly to diff wallet so they are safe, then trade with your original $TINY wallet
(bonus) dn404 has Permit2 gasless approvals
(bonus) setSkipNFT(true) - setting skipNFT to "true" allows ERC20 transfers without minting nfts, only for that wallet
$TINY token contract (erc20): 0xD7C28129Baf6E11e4F3516B212c50b44cF4e1D6A
nft contract (erc721, mirrored): 0x626D7B1EF26BaA7B149ce6E0147a182022eDd242
all this (including art) is fully onchain 🐸👍

@Itzpoopster @unichain

19.2.2025
$TINY 404 nft fractionalization mechanics explained (been getting a few Qs about this recently):
- nft burning follows LIFO (last in first out): the most recently acquired nft is burned first when fractionalized
- token ID does not exceed the total supply (5k). token IDs are recycled when fractionalized/recombined, which means previously burnt unicorns are reborn when combined. the collection (including traits) is conserved within this 5k set
- fractionalizing and recombining an NFT does not guarantee you get the same token ID back
- example: if u transfer 2.8 $TINY to someone:
>> they get +2 NFTs (2.0 tokens → NFTs). The 0.8 tokens remain as erc20 only.
>> if they later receive +0.2 $TINY more, they'll now get +1 more NFT (since their balance becomes 3.0).
- if u wanna trade $TINY but also have some favorite unicorns nfts in your wallet that u don't want fractionalized, just transfer those nfts directly to diff wallet so they are safe, then trade with your original $TINY wallet
(bonus) dn404 has Permit2 gasless approvals
(bonus) setSkipNFT(true) - setting skipNFT to "true" allows ERC20 transfers without minting nfts, only for that wallet
$TINY token contract (erc20): 0xD7C28129Baf6E11e4F3516B212c50b44cF4e1D6A
nft contract (erc721, mirrored): 0x626D7B1EF26BaA7B149ce6E0147a182022eDd242
all this (including art) is fully onchain 🐸👍

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