Imagine a rare baseball card purchased and loaded with $100 in 1920. Earning 8% / year, this card would now be worth nearly $300,000.
Today, this collectible baseball card would have an INTRINSIC value of $300,000 - in addition to the speculative value attached to it (e.g. it sells for $500K).
Charged Particles are Interest-bearing Non-Fungible Tokens (DeFi NFTs). A “Particle” is ANY Non-Fungible Token that, via the Charged Particles Protocol, is minted with an interest-bearing token (e.g. aDAI) to accrue interest over time, giving the token a “Charge.”
The amount of interest earned from the token represents the amount of “Charge” that the particle has amassed.
With the Charged Particles Protocol, you’re able to turn ANY NFT into a DeFi NFT. It’s still that NFT, e.g. digital art piece, you know and love - but now it’s able to have an actual underlying intrinsic value and accrue interest over time.
These Charged Particles are standard, non-custodial NFTs, held in your wallet - yours to trade, transfer, sell, etc. just like any other NFT - but with intrinsic (growing) value over time.
Charged Particle Value
= Intrinsic Value (underlying asset, DAI)
+ Speculative Value (non-fungible rarity)
+ Accrued Interest value (accrued in aDAI)