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What are $NOUNS (ERC-20)?

$NOUNS ERC-20

TL;DR

  • $NOUNS: An ERC-20 token that provides exposure to the Nouns ecosystem, fully backed by Noun NFTs.
  • Redeemable: 1,000,000 $NOUNS tokens can always be redeemed for a full Noun NFT.
  • Mainnet Address: 0x5c1760c98be951A4067DF234695c8014D8e7619C
  • Base Address: 0x0a93a7BE7e7e426fC046e204C44d6b03A302b631


Own Nouns with $NOUNS

Have you ever wanted to get exposure to the Nouns community but weren’t ready to purchase a full Noun NFT? Now it’s possible with $NOUNS—an ERC-20 token that makes it easier to engage with Nouns in a flexible and accessible way.

  • 1,000,000 $NOUNS = 1 Noun NFT → Trade enough tokens for a full Noun anytime.
  • Buy and sell freely like any other token.
  • No governance responsibilities → You don’t have to vote or participate in Nouns Governance.

Fully backed by Noun NFTs, $NOUNS gives you the freedom to own a piece of the community without governance responsibilities or the upfront cost of buying a Noun.


How Does It Work?

$NOUNS tokens allow you to access the Nouns ecosystem without committing to a full Noun NFT. Instead of buying an NFT outright, you can collect and trade $NOUNS tokens over time.


How to Convert a Noun NFT into $NOUNS Tokens

If you own a Noun NFT, you can fractionalize (split) it into $NOUNS tokens. Here’s how:

  1. Go to the NounSwap Convert Page and connect your wallet.
  2. Select your Noun NFT and confirm the transaction.
  3. Receive 1,000,000 $NOUNS tokens in your wallet.
  4. (Optional) Transfer tokens to Base, a faster and cheaper network (SuperBridge).

Now, you can trade, hold, or use your $NOUNS tokens however you like.

$NOUNS Deposit


How to Redeem $NOUNS Tokens for a Full Noun NFT

If you have 1,000,000 $NOUNS tokens, you can redeem them for a full Noun NFT.

  1. (If needed) Transfer tokens from Base back to Ethereum Mainnet (SuperBridge).
  2. Go to the NounSwap Redeem Page and connect your wallet.
  3. Choose a Noun NFT and confirm the transaction.
  4. The Noun NFT is transferred to your wallet, and your $NOUNS tokens are burned.

Now, you officially own a Noun NFT.

UI for redeeming $nouns tokens



Why Use $NOUNS?

  • Own a Noun, Your Way → Join the Nouns community without needing to buy a full NFT upfront.
  • Start Small → Buy $10, $50, or $100 worth of $NOUNS and grow your stake over time.
  • Trade Anytime → Unlike NFTs, $NOUNS tokens can be bought, sold, or used in DeFi easily.
  • Always Redeemable → Each $NOUNS token is backed by real Noun NFTs, meaning you can always convert them back.
  • Path to Full Ownership → Keep stacking, and one day, you’ll own a full Noun NFT.


TL;DR: Why $NOUNS Matters

$NOUNS makes it easy and flexible to join the Nouns ecosystem.

  • Buy and sell freely like any other token.
  • Collect over time and redeem for a full Noun NFT.
  • No governance responsibilities—just pure exposure to Nouns.

Ready to dig in? Learn more about $NOUNS here.

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