“HiFive Exchange Accelerates Bitcoin Second-Layer Network Development with Rune Track

HiFive Exchange is accelerating development of the Bitcoin second-layer network with the launch of “Rune” asset tracks based on an innovative minting model. Token mapping and circulation control mechanisms will be used to ensure market price stability.

The new minting model will strictly control initial circulation volume. Market repurchase will be implemented when prices fluctuate close to the minting price to prevent primary market impact.

HiFive’s Rune Track design aims to provide users with diverse asset management options. Additional asset forms and HIFI staking rewards will be introduced in the future to enhance user participation benefits.

Source: BlockBeats

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