What is Charged Particles?

​Charged Particles is a protocol that allows users to deposit ERC-20 tokens (ANY tokens) into an NFT.

A scarce NFT (e.g. Art, Collectible, Virtual Real Estate, In-Game Item, etc.) can now be transformed into a basket holding a number of other tokens.

You can now deposit ANY ERC-20 token 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 Assets deposited into an NFT are unable to be withdrawn until a certain time period.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 (Principle) Removal Configurations. Do you have to burn the NFT to remove the principle from the NFT?

The NFTs created via Charged Particles are still standard non-custodial NFTs that can be sold on popular marketplaces like Rariable or Opensea, but you’re enabling them to easily hold other ERC-20 tokens and have programmable interest.

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”

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