⛓️Hybrid Token

Inscription VS SPL-20

RHO can serve as dual-purpose token wrappers for non-fungible and fungible token genesis in Solana.

RHO represents an implementation of a Hybrid Token with a real utility. A Hybrid Token is a non-fungible inscription that can optionally be treated to represent a numeric count of fungible assets.

The code explanation

ExampleThe following inscription could represent 1000 units of RHO tokens:

{​
"p": "pSPL-20",​
"op": "mint",​
"tick": "RHO",​
"amt": "1000"​
}

Whereas the following inscription could represent 10000 units of the "RHO" tokens:

{​
"p": "pSPL-20",​
"op": "mint",​
"tick": "RHO",​
"amt": "10000"​
}

This means that in its wrapped form as an inscription, it can have all the technology of an NFT inscription, but by also having a liquid token form, it can leverage all the technology of Solana tokens.

It represents a complete asset that maximizes the use of all available technologies on the chain.

Inscription SPL-20 State

This represents one of the available forms capable of holding an amount of tokens divisible by 1000. Oh yes, it's beautiful.