🖼️Inscription

Inscription

Unlike traditional inscription systems that require indexers to assist users with asset indexing, we employ Smart Inscription Contracts. These inscriptions, in addition to featuring the same low-threshold minting operations as traditional inscriptions, offer improved security and scalability inherent to smart contracts.

Once the Smart Inscription Contract is deployed by the auction winner, users can mint inscriptions by sending a transfer transaction to the contract. Subsequently, users have the option to burn inscriptions to redeem the ETH spent during minting or to map the inscriptions to ERC20 assets. Staking these mapped assets allows users to earn ETH rewards, which significantly exceed 4%.

Additionally, as mentioned in the auction section, contract deployers receive all Gas Fees spent on the contract. Every transaction related to this contract, such as minting, approving, transferring, and transferring from, consumes Gas Fees. The more active the users, the higher the profits for the deployers.