> For the complete documentation index, see [llms.txt](https://doc.fracton.cool/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.fracton.cool/fractonxs-solutions/terminology/erc-20-greater-than-hinft.md).

# ERC-20 -> hiNFT

The ERC20 token hiNFTs are the fractionalized token,  anchored to the number of People's BAYC  which can be exchanged back for the original NFT.