What is Charged Particles
đź‘‹ Welcome to Charged Particles docs. This is a live document that will be updated as we evolve. Currently, we aim to provide a high level overview of the protocol and its existing components.
Last updated
đź‘‹ Welcome to Charged Particles docs. This is a live document that will be updated as we evolve. Currently, we aim to provide a high level overview of the protocol and its existing components.
Last updated
Charged Particles is a protocol that allows users to deposit ERC-20, ERC-721, or ERC-1155 tokens (ANY tokens) into an NFT.
Charged Particles enables the creation of yield bearing DeFi NFTs, nested NFTs, time locked capsules, in game assets, and so much more.
Charged Particles is blockchain agnostic and currently is deployed on Mainnet, Polygon, Mantle, Zksync, Polygon ZkEVM, and Mode.
Our mission is to become a core infrastructural technology in the development of NFTs. We've redefined uniqueness and ushered in a new era of innovation for NFTs.
Someday, all NFTs will have the option to be “charged”: In the future, the protocol will be everywhere NFTs exist.
These docs are still being worked on. Some parts may be unfinished or pending updates.
Transform a scarce NFT (e.g. Art, Collectible, Virtual Real Estate, In-Game Item, any NFT) into a basket holding a number of other tokens.
You can now deposit ANY ERC-20 token or ANY NFT into ANY NFT, but for yield — Aave’s aTokens will be the primary interest-bearing asset available in the Charged Particles Protocol when we go live.
This changes the game for NFTs.
Yield-bearing aTokens with programmable charge is just one of the many assets that NFTs can hold. Have a number of LP Tokens, Speculative tokens or your own social tokens? Deposit any/all of them inside a scarce NFT — all possible.
Additionally, users can easily deposit tokens / assets into OTHER user’s NFTs. Your NFT now has its own wallet.
Users can easily customize the configurations of their NFTs — Mechanics for your Charged Particles include:
Time-Locks. Assets deposited into an NFT are unable to be withdrawn until a certain time period.
Charge. If you deposit an asset that’s supported as an Aave aToken — it’s instantly swapped and you can determine how you would like to treat the interest. For example, this charge can be discharged to a different address — the NFT creator, a friend, a charity — your choice!
Discharge (removing accrued interest) Configurations.
Mass (Principal) Removal Configurations. Do you have to burn the NFT to remove the principle from the NFT?
This creates a new and independent asset class of “charged” NFTs including tradable markets and establishment as a cornerstone piece of the a “DeFi lego block economy”