What are $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:
- Go to the NounSwap Convert Page and connect your wallet.
- Select your Noun NFT and confirm the transaction.
- Receive 1,000,000 $NOUNS tokens in your wallet.
- (Optional) Transfer tokens to Base, a faster and cheaper network (SuperBridge).
Now, you can trade, hold, or use your $NOUNS tokens however you like.
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.
- (If needed) Transfer tokens from Base back to Ethereum Mainnet (SuperBridge).
- Go to the NounSwap Redeem Page and connect your wallet.
- Choose a Noun NFT and confirm the transaction.
- The Noun NFT is transferred to your wallet, and your $NOUNS tokens are burned.
Now, you officially own a Noun NFT.
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.