FAQ

Why does it matter if I sell as an NFT(ERC721) or as a Token(ERC20)?

Transacting your Anomalies NFT and $ASTX are the same thing, the matter of consideration is whether the NFT with a certain rarity you wish to keep is locked and not burned.

Holders are advised to separate tokens meant for trading and NFTs meant for keeping via dedicated wallets.

Metadata/Rarity will not be lost when traded on a NFT marketplace such as Blur or Opensea. In other words trading on such platforms means you won't accidentally lose the NFT that you wish to keep.

Why is the price of a NFT and $ASTX not the same?

Note that price differences between platforms are due to various factors such as, but not limited to, depth of liquidity, minimum transaction value which is 1 $ASTX for all NFT transactions and the differing platform fees. NFTs may also be prices higher due to rarity traits.

How does DN404 optimize gas?

DN404 optimizes gas via a method called 'Storage Packing', which packs multiple variables into the same storage slot.

How do I make sure I don't sell a specific NFT if I have multiple $ASTX?

To prevent the Anomalies you wish to keep from being accidently sold when you have multiple tokens, it is best to move them to a separate wallet by transferring them to a new wallet as a ERC721 token as opposed to ERC20.

Why is the floor price of an Anomalies NFT the price of 1 $ASTX?

The floor price of an Asterix Anomalies NFT can be considered to be the price of 1 $ASTX because you can instantly sell the Anomalies NFT via a DEX as an $ASTX(ERC20) token.

Has DN404 been submitted for EIP approval?

Yes.

What happens to the NFT if you make transfers via ERC20?

Any movement of the ERC-20 tokens triggers the mint/burn of NFTs. If you have 1 $ASTX and you send 0.5 $ASTX elsewhere, your NFT is burned. If you later acquire another 0.5 $ASTX, a new NFT will be minted to your wallet.

At the same time, if 1 ERC20 token is transferred to another wallet, the NFT tied to that ERC20 token will get burned and re-minted. In order to ensure the NFT is preserved, conduct transfers via ERC721.

Which NFT gets burned and which NFT gets minted?

NFTs are burned from your wallet last-in-first-out. NFTs are minted according to the specific DN404 contract logic.