Charged Particles IONX

IONX Markets

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 Assets deposited into an NFT are unable to be withdrawn until a certain time period.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! 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”