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.
These docs are still being worked on. Some parts may be unfinished or pending updates.
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.
A scarce NFT (e.g. Art, Collectible, Virtual Real Estate, In-Game Item, any NFT) can now be transformed 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 Assets deposited into an NFT are unable to be withdrawn until a certain time period.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!
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 Rarible 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”