HiFive introduces an innovative coin-casting model, bringing a new asset management option to the rune track

BlockBeats news, on October 30, according to official sources, HiFive exchange announced that it will accelerate the development of the BTC second-layer network and launch new asset tracks such as ‘rune’ based on an innovative coinage model, ensuring market price stability through mechanisms such as Token mapping and Circulating Supply control. The new coinage model strictly controls the initial Circulating Supply and implements market repurchases when the price Fluctuation approaches the coinage price to avoid impacting the Primary Market. HiFive pointed out that the goal of the rune track design is to provide users with diversified asset management choices, and will gradually introduce more forms of assets and HIFI stake rewards to enhance user participation and returns.