Protocol and app.charged.fi
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Particles can be energized with ANY ERC-20, 721, or 1155 tokens, but for yield — are the primary interest-bearing asset available the Charged Particle Protocol.
There is no fee for creating a Particle. There is also no fee to deposit into or withdraw from a Particle aside from network fees.
Using the Charged Particles DApp you can view your NFT and see if it has any tokens deposited inside of it. If your NFT has an interest-bearing Aave aToken such as USDC or DAI nested inside, the interest earned will be displayed under "Charge."
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%)
You can direct to third party wallets. One example use case for this functionality is directing royalties or interest earned by a Particle to a charity or loved one.
When a Charged Particle containing other NFTs is sold, only the top-level NFT is actually sold. The contents of the top-level NFT are transferred to the new owner, but they are not sold individually. Only the top-level NFT has a sale event triggered, and therefore only the creator of the top-level NFT receives royalties for that sale. Nested NFTs must be released from the top-level one in order to be sold individually.
Please note: Royalties set on Rarible / OpenSea don’t carry over to charged particles at the moment.
You can direct to third party wallets. One example use case for this functionality is directing royalties or interest earned by a Particle to a charity or loved one.
When a Charged Particle containing other NFTs is sold, only the top-level NFT is actually sold. The contents of the top-level NFT are transferred to the new owner, but they are not sold individually. Only the top-level NFT has a sale event triggered, and therefore only the creator of the top-level NFT receives royalties for that sale. Nested NFTs must be released from the top-level one in order to be sold individually.
Charged Particles allows for you to lock the principal amount deposited into your NFT (timelock).
Charged Particles is an NFT-agnostic project and community, but currently only Proton NFTs and a short whitelist of other standard NFTs can be used on the protocol. Whitelisting functionality is currently in beta, but will roll out to more contracts in the near future.
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.
When an NFT is deposited into a Charged Particle, its new owner is the Charged Particle, so it cannot be sold individually. If you sell a Charged Particle with other NFTs nested inside, you transfer all the asset deposited into that NFT with it.
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.
Charged Particles does not currently support batch minting, but will in the future.
OpenSea does not currently honor royalties for our NFTs.
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
There is currently no way to charge across chains. Charged Particles can only be energized with assets from the same chain that they reside on (e.g. Ethereum-based Charged Particles can only be charged with Ethereum tokens & NFTs).
The NFT owner can release the covalent bonds and then sell them individually.
Just like anyone can send tokens, anyone can Energize Particles with tokens--even if they are not the owner. Only the owner can release or discharge a Particle, however.
Releasing is removing specific tokens from a Particle. If a particle contains 10 different assets, the owner can choose which to Release, one at a time. Discharging is removing Charge (interest) from a Particle. In this process, the principal remains inside the Particle, while interest accrued is sent to the Particle owner. If a percentage of annuities for a different address was set at the time of minting, that percentage will be distributed accordingly.
If a Particle is Time-locked, no assets can be Released from it until the Particle unlocks. Charge (interest) can still be discharged. Also, the Particle can be transferred and sold.
Learn more about the burn address .
It is sent to an unowned address called a burn address. .
Learn more about burn address .
By default, a particle can only be discharged by its owner. There are settings available in the that allow an NFT owner to modify this behavior, but the ability to change these settings is not incorporated into the user-interface of app.charged.fi at the moment.
Currently, any non-Proton NFTs must be whitelisted by the core team in order to work with the Protocol. Email with whitelisting requests and we will get back to you as soon as possible.
Currently, you can only support NFT creators if your contract has a creatorOf() function matching the one in our default .
By default, a particle can only be discharged by its owner. There are settings available in the that allow an NFT owner to modify this behavior, but the ability to change these settings is not incorporated into the user-interface of app.charged.fi at the moment.
Currently, any non-Proton NFTs must be whitelisted by the core team in order to work with the Protocol. Email with whitelisting requests and we will get back to you as soon as possible.
Currently, you can only support NFT creators if your contract has a creatorOf() function matching the one in our default .
You can check current gas prices on and to do high-gas activities when prices are lower. We'll be on Polygon shortly, and these numbers will be reduced drastically.
