Charged Particles is a protocol that allows users to deposit ERC-20, 721, and 1155 tokens into an NFT. The principal (mass) and accrued interest (charge, if applicable) are both fully programmable.
The first DApp live on the Charged Particles Protocol is specifically for CryptoArt & CryptoCollectibles. The DApp showcases a number of features of the protocol in an easy-to-use interface for users. Docs will be released later in 2021 to allow additional DApps leveraging more features available in the Charged Particles Protocol.
Your NFT is transformed into a basket that is able to hold multiple ERC tokens, even other NFTs. The easiest use case is to create an NFT, and deposit tokens into that NFT. There are a LOT of use cases.
Check out our Team Page. We have a very wonderful group of community members, If you'd like to contribute to what we’re building, feel free to join the community on Discord.
It is not. Please see our Beta End User Agreement. We we release a number of Bug Bounties after we go live on MainNet.
Currently there is a CHARGE Community Token that is used to acknowledge community contributors. CHARGE is a community token, it has no value, it is not traded anywhere, and is NOT a governance token. This is the contract address: https://etherscan.io/token/0x17491ae8B359E73ca06F0ABb52223daA878140a9 We have also just announced the released of our Governance Token, IONX. This token is generated by using the platform and used to vote on initiatives and proposals that will determine the future of the platform. You can learn more by reading our IONX Tokenomics Page. The contract address for IONX is NOT CURRENTLY AVAILABLE. It will be updated here when it is announced. Please be careful of scams.
Particles can be energized with ANY ERC-20, 721, or 1155 tokens, but for yield — Aave’s aTokens are the primary interest-bearing asset available the Charged Particle Protocol.
Using the Charged Particles DApp you can view your NFT and see if it has any Charge (tokens deposited inside of it).
Whenever you create a collectible you can enable "creator annuities" at the Protocol level, and “creator royalties” at the NFT level.
% of Interest (Annuities) - Configurations around % of interest generated (charge) back to the original particle creator. This is set upon creation of the particle and is not adjustable by future particle owners. Example: You create and sell a Particle filled with 1,000 aDAI earning 10% per year, the % of Interest is set for 20%. Your buyer holds this particle for 1 year, earning a TOTAL interest of 100 aDAI (10%). 20% of this interest generated, 20 aDAI will go to the particle creator. The buyer will have 80 aDAI in interest they can discharge.
% of Resale (Royalties) - Configurations around % of resale increase back to original particle creator. This is set upon creation of the particle and is not adjustable by future particle owners. Example: You create a Particle and sell it for 100 DAI , the % of Resale is set for 10%. Your buyer then sells your particle on the Charged Particles Marketplace at a higher price point for 300 DAI. The resale value has increased by 200 DAI (300-100). Here, the royalty system kicks in. As the original content creator you receive 10% of that increase sale, being 20 DAI (200 * 10%)
Please note: Royalties set on Rarible / OpenSea don’t carry over to charged particles at the moment.
Charged Particles allows for you to lock the principal amount deposited into your NFT (timelock).
The ERC-721 standard does not only allow the creation of NFTs, but also includes a possibility to destroy them - i.e. burning the token. This is configurable upon creation of particles.
Charging an NFT essentially creates a Smart Wallet for the NFT and our platform manages the connection between an NFT and its Smart Wallet. Control of the Smart Wallet is handled through our Protocol, so discharging is done by calling the "discharge" function on our protocol and supplying the NFT contract address + token ID. Only the "ownerOf" the NFT will be allowed to perform certain actions, such as discharge and release.
Initially, no. You are only able to energize NFTs created at our minting platform. In the near future, you'll be able to take ANY NFT you might own, and energize it on our platform. You can vote on which platforms you'd like us to enable on our Discord server.
Artists/creators artwork is selected at the sole discretion of the Charged Particles team. We reserve the right to curate the content on the platform without explanation. That said, no content which could be considered even remotely offensive to anyone will be considered. Please let us know in the discord if you have an Artist you'd like to see featured!
We believe in Progressive decentralization of the Platform, and future marketplace listings will be decided by the community.
The NFTs created via Charged Particles are still standard non-custodial NFTs that can be sold on popular marketplaces like Rarible or Opensea. You'll need to come back to Charged Particles to see what's inside and to interact with the energized assets.
Properties include any additional info you want to include with your piece...such as mint date, artist name, website url, etc. Here is an example:
There is currently no fee to mint NFTs using Charged Particles.
Users are responsible for paying "Gas" on the Ethereum blockchain, no additional fees charged by the DApp, Company or Protocol.
ETH Gas Prices vary when using the DApp based on what you’re doing.
Depositing Tokens, Charged Particles Gas usage (125 Gwei) on Layer 1 Ethereum are:
Approve Token ~ 0.008351 ETH
Deposit aToken ~ 0.103302 ETH
Discharge aToken Charge ~ 0.135314 ETH
Release aToken Mass ~ 0.134462 ETH
You can check current gas prices on ETHGasStation.info and this heatmap can help you plan accordingly to do high-gas activities when prices are lower. We'll be on Polygon shortly, and these numbers will be reduced drastically.
LEPTON v2 NFTs are digitally scarce, ERC-721 that have superpowers.
Once activated, LEPTON v2 NFTs act as a rewards multiplier / booster, giving its owner additional rewards earned when the Charged Particles Governance Token liquidity mining goes live.
LEPTON v2 NFTs enable its owner to earn up to 5.1x the normal rewards during liquidity mining distribution (TBA) and there is no cap to the additional rewards earned with LEPTON NFTs.
STACKING LEPTONS IS NOW ENABLED. If you own 4+ LEPTON v2s, add the top two multipliers (e.g. 7.4x Rewards = 5.1 [Tau] + 2.3 [Muon]). If you own all 6 LEPTONs, you get 10x Rewards.
Each LEPTON v2 is a standard ERC-721, non-custodial NFT that is able to be resold on popular secondary markets like OpenSea.
Read all about them here: https://medium.com/charged-particles/lepton-v2-stackable-yield-multiplier-nfts-5a05a30a9585
LEPTON v1 has been discontinued. If you had purchased a LEPTON v1, you were airdropped a LEPTON v2. You can read all about the upgrades here: https://medium.com/charged-particles/lepton-v2-stackable-yield-multiplier-nfts-5a05a30a9585
This is the NEW contract address: https://etherscan.io/address/0x3Cd2410EAa9c2dCE50aF6CCAb72Dc93879a09c1F
This is the OLD contract address, these LEPTONs do not have yield-multiplying properties and are not used on the platform in any way: https://etherscan.io/address/0x76a5df1c6f53a4b80c8c8177edf52fbbc368e825
LEPTON NFts are activated by Depositing them into your NFT that you are using for Liquidity Mining / Yield Farming (TBA)
At Charged Particles, we believe in Progressive Decentralization and will launch our governance token in the future.
When launched, the majority of the Charged Particles governance tokens’ allocation will be allocated to the community and will be distributed via liquidity mining / yield farming programs to help encourage use of the Charged Particles platform.
We envision a world where key Charged Particles Protocol decisions are decided by its governance token holders, and these governance token holders vote to control various core functionalities of the protocol.
The details on the Liquidity Mining Program as well as the Charged Particles Protocol Governance token will be announced at a later date. There currently is no governance token for Charged Particles and we will announce more information before the launch — Please beware of scams.
To be clear, you don’t need a LEPTON NFT to participate in liquidity mining programs, but if you own one you will receive boosted rewards. These boosted rewards by LEPTON NFT holders have no limit, you will earn boosted rewards as long as you’re holding the NFT.
There are 6 different tiers of LEPTON v2s available, starting at 0.3 ETH with a 1.1x multiplier and going up to 21 ETH for a 5.1x multiplier.
STACKING LEPTONS IS NOW ENABLED.
If you own 4+ LEPTON v2s, add the top two multipliers (e.g. 7.4x Rewards = 5.1 [Tau] + 2.3 [Muon]).
If you own all 6 LEPTONs, you get 10x Rewards.
LEPTON NFTs are for sale on our website at: https://app.charged.fi/go/leptons
Secondary markets may exist on other sites like OpenSea.
Limit of 25 LEPTONs per purchase. Per Tier.
Press “Add Token” in your MetaMask
Choose “Custom Token”
Add this address to Token Contract Address: 0x3Cd2410EAa9c2dCE50aF6CCAb72Dc93879a09c1F
The rest should autofill and click Next
Metamask doesn't support NFT as you can't specify the Token ID of the NFT you want to transfer
Easiest way with Metamask is to go to the contract on Etherscan (e.g Contract for LEPTONS is: https://etherscan.io/address/0x3cd2410eaa9c2dce50af6ccab72dc93879a09c1f) , click the Contract tab as in the screenshot below, connect you wallet, and then find the safeTransferFrom method in the list (see screenshot). You will need to know the token ID:
For those with errors in the multi txs... we tried to save on gas for users (still high!) by not firing off individual transfer events. Can check here under “BalanceOf”: https://etherscan.io/token/0x3cd2410eaa9c2dce50af6ccab72dc93879a09c1f#readContract
You still have your LEPTON v2s, and you’ll be able to use them as Multiplier NFTs. They should be appearing, this was one of the fixes with v2 versus the first version LEPTON.
We are still in the process of deploying our official Governance Token. We will announce the name and contract address of the official governance token once deployment is complete. $CHARGE is not our official governance token, but rather a social token designed to reward community members for contributing to the protocol.
Token holders can delegate their votes to other token holders if they do not want to participate actively in every single Charged Particles governance vote. Delegates can pitch their case for why they are a good delegate in the Delegation Pitch category of the Charged Particles Forum. Use Snapshot to delegate your votes.
Charged Particles is on a path of progressive decentralization. In the first stage of Charged Particles governance, all governance votes will take place on Snapshot, and the Charged Particles multisig signers will execute the results of the votes on-chain. In the future, all Charged Particles voting will take place on-chain without requiring the Multisig signers to act as a middleman.
Multisig is short for "Multisignature" and refers to a wallet that cannot execute a transaction without approval from a certain percentage of Multisig signers. Multisigs are primarily used for managing treasuries amongst decentralized teams, providing oversight to decentralized projects, and introducing added security to wallet. Charged Particles uses Gnosis Safe to help with treasury management and executing the results of governance proposals on-chain. For example, if a community member were to apply for a grant to improve Charged Particles, and that grant required funding, the Multisig would be responsible for sending funding from the protocol's treasury to the grantee, as well as implementing any code changes that were part of the grant.
There are currently 3 multisig signers for Charged Particles and 2/3 multisig signers must confirm an action for the transaction to go through. More members may get added in the future based on the results of a governance vote. As the protocol decentralizes further, the Multisig will no longer be solely responsible for ensuring that the results of governance votes are executed on-chain.
The Charged Particles Governance Forum is a place for meaningful, thorough discussion about how to improve the Charged Particles protocol, community, and governance process itself. For less formal or other non-governance discussions, please check out our Discord.
All votes are open to token holders, but only Official Proposals are immediately binding. In addition to Official Proposals, token holders can vote on which art should be featured on the Marketplace page of app.charged.fi. The team behind app.charged.fi will aim to update featured art periodically based on the community's vote.
All official proposals are binding and must contain executable code (if applicable). Official proposals are generally for things like changing fees levied by the Charged Particles protocol, where there is a clear set of protocol parameter(s) to change, but not all official proposals will contain executable code. For example, if a community member wanted to propose a Grants program in which community members could apply for funding for Charged Particles related work that will be funded by the Charged Particles treasury, they would not have to include any executable code as there are no smart contract methods to call in order to create a Grants program.
There are a few major ways to contribute to Charged Particles Governance:
Propose an idea
Discuss others' idea on the Governance Forum, in the Discord, and on social media
Vote on a proposal
Delegate your votes
Yes we are.
ERC721 tokens represent unique assets, where every token is attached to a different identifier— these tokens can never be duplicated, where no one token is equal. ERC1155 is a new token standard that brings in the idea of semi-fungibility and allows for the creation of multiple types of tokens in the same contract. This means that multiple copies of the same unique asset asset can be minted.
Researched this initially, and didn’t go for it. Actually not that “composable” if tokens aren’t 998 in some structures. Also doesn't clearly support platform-based rewards such as $COMP. 721 is the standard for NFTs, so easy to trade on 3rd party marketplaces. With Charged Particles we can open support for additional types of Tokens (e.g. 1155, or 998).
- 998 is a token standard, can be built on top instead of ERC721.
- Showing that it’s possible, but you’d have to build the NFTs
- Composable only with other ERC-998 Tokens. Very limiting standard.
- Old standard, not updated for current DeFi
- Overly complex, what we’re doing is more efficient (cheaper gas) and easier. Supports much more token types - e.g LP Tokens, Other ERC-721, Other ERC-1155, Even ERC-998, etc.
If 998 Held cDAI, would have to build functionality to claim COMP & cDAI interest. Standard doesn’t allow for that flexibility. In short, they look similar, but ours is much more flexible
OpenSea’s “NFT Bible” is a fantastic resource to find out about NFTs.