SFT (MRC20)

The core concept of MRC20 is locked svg,sui and token in object control by holderselves address,Low liquidity in NFT form, high liquidity in FT form

Thanks to Sui's high composability, the specific mechanism allows Sui holders to combine SUI with new tokens to form a new type of asset called Semi-Fungible Token (SFT), which encapsulates both $SUI and a corresponding proportional token. For instance, each unit of SFTs, like $OTTER, includes 1 $SUI and 100,000 $OTTER, with a total supply of 30 billion $OTTER. This process encapsulates and locks the dual value within a single SFT, enhancing the asset's utility and integration within the ecosystem.