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What is Charged Particles? Charged Particles is a protocol that allows users to deposit ERC-20, ERC-721, or ERC-1155 tokens into an NFT. Can a scarce NFT be transformed into a basket holding other tokens? Yes, now a scarce NFT can hold any ERC-20 token or any NFT, with Aave's aTokens being the primary interest-bearing asset. This changes the game for NFTs, as they can now hold various assets like LP tokens, speculative tokens, and social tokens. Users can also deposit tokens/assets into other users' NFTs, giving the NFT its own wallet. The configurations of Charged Particles include time-locks, charge mechanics, discharge configurations, and mass removal configurations. These "charged" NFTs can still be sold on popular marketplaces and create a new asset class in the DeFi economy.
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What is Charged Particles?
Charged Particles is a protocol that allows users to deposit ERC-20, ERC-721, or ERC-1155 tokens (ANY tokens) into an NFT. This means that a scarce NFT, such as art, collectibles, virtual real estate, in-game items, or any other NFT, can now hold a variety of other tokens. These NFTs created through Charged Particles remain non-custodial and can be sold on popular marketplaces like Rarible or Opensea. However, by utilizing Charged Particles, you can easily enable them to hold other ERC-20 tokens and even have programmable interest.
What is $IONX?
$IONX is the native governance token for the Charged Particles Protocol. Holders of $IONX tokens have the power to propose and vote on any changes to the Protocol. These proposals can include adjustments to contract configuration values, such as the protocol deposit fee, implementation of scaling solutions, adjustments to 3rd party integration fees, registration, adjustment, or disabling of DeFi protocols as yield sources, whitelisting NFT platforms, and controlling the future distribution of $IONX to protocol contributors.
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