What is Charged Particles?

Sminempepe
5 min readAug 22, 2022

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Charged particles is an NFT protocol that fuses NFTs with DeFi (the heart of finance in the entire crypto ecosystem) and enable users to deposit digital assets inside their non fungible tokens. It was launched on the mainnet about 2 years ago and now which have achieved great success by sticking to their roadmap.

What is Non Fungible Token ( NFT ) ?

A non-fungible token (NFT) is a record on a blockchain which is associated with a particular digital or physical asset. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to digital files such as photos, videos, and audio. Because NFTs are uniquely identifiable assets, they differ from cryptocurrencies, which are fungible.

With Charged Particle DApp, you can create your own truly unique, fully programmable non fungible token, sell them or buy the NFTs which created by others. In addition to this, you can integrate your ERC 20 , ERC 721 , ERC 1155 tokens into the non fungible tokens you have with the “Energize” feature. With this feature you will earn a passive income thanks to these assets that you integrate into your non fungible token. (Include Charged Particles governance token $IONX) . Now your non funginle tokens mean more than just proof of ownership. they represent a bag of token holdings with fully configurable settings.

If the asset you deposited into non fungible token is supported by Aave,then it is converted to the corresponding yield bearing asset automatically, and will earn interest inside the non fungible token. It’s important to note that if you expect these tokens to generate interest, they must be selected from the Aave integration dropdown menu.

Isn’t It Really Amazing?

The protocol pushing the boundaries of what a non fungible token can do. Imagine you are organizing an event and you are creating 200 non fungible tokens. One of them has a reward of 1000 USDC inside. The person who mints this energized non fungible token will get 1000 USDC.

Or you have many assets in your portfolio. (which Charged Particles supports) You can integrate them into a non fungible token and you can move your entire portfolio of assets to another wallet in one transaction.

And there are many more… Just Imagine

I hear you say,so how can I trust to integrate my digital assets into these non fungible token?” The Charged Particles Protocol enables your non fungible token to have its own smart wallet. This means that, just like any other web3 wallet, your tokens are stored safely inside and only the owner of the non fungible token can ‘discharge’ the interest earned or ‘release’ all of the tokens.

Lepton NFTs

This is a very powerful type of non fungible token exclusive to Charged Particals. There are currently 6 types available Lepton NFTs.

As you know, we are able to earn passive income by adding different types of assets which supported by DAapp into our non fungible tokens. So what if I told you that there is a way of increasing our passive income? This is where Lepton NFTs come in. With Lepton NFTs you can leverage your assets even more. When you deposit your assets inside Lepton NFTs you see above, it will multiply the rate of the governance token ( $IONX ) you are earning. The yield multiplier rate is between 1.1x and 5.1x your governance token mining rewards. The Lepton NFT type currently on sale is Muon Neutrino and it has 1.3x multiplier rate. Once it sold out you will be able to buy Tau Neutrino with 1.5x muttiplier rate.

Well the first Lepton NFT series were all sold out. What can you do? You don’t need to worry. You can purchase these NFTs from the secondary market.

WARNING: If you want to buy a Lepton NFT on a secondary market, only buy version 2. The version 1 Leptons do not function!

So we minted our non fungible token. Then we integrated our tokens into the non fungible tokens we have with the “Energize” feature. As a result, we earned $IONX tokens. So what is this token? What are the benefits ? Let’s dive in…

$IONX Token

$IONX is the native governance token for the Charged Particles Protocol which was released on 31 May 2021.

If you are an $IONX token holder, this token will allow you to vote on measures and make proposals for the future of the Charged Particles, the community, and the company.

The another way to earn $IONX token is providing liquidity to the official IONX/ETH Uniswap V2 pool and/or stake your IONX at rewards.charged.fi

For more information about $IONX reward visit here.

$IONX token addresses here

Tokenomics

The total token supply of $IONX will be 100,000,000. As you can see below the supply will be broken down across community, investors, team, advisors and foundation.

As you can see, 50% of the $IONX tokens are reserved for the community. This shows the importance given to the community compared to other projects.

For more information about token distribution visit here

Roadmap

The Charged Particles team, which has completed the improvements specified in the roadmap since they were launched on the main net, is preparing for new updates in the near future. Here are the improvements that will be completed by the end of this year.

3Q22

  • Charged Particles SDK
  • NFT Wallet Manager
  • Dapp Improvements
  • NFT Yield Farming (with LEPTONs)
  • Whitelist NFTs created on external NFT Platforms for Charging
  • Initial Protocol Voting & Governance Signaling Live (with IONX)

4Q22

  • SDK Improvements
  • DApp Improvements
  • Whitelist NFTs created on external NFT Platforms for Charging
  • DAO Launch

If you want further information about Charged Particles, here are the useful links:

Website: https://imperator.co/

Docs: https://docs.charged.fi/

Twitter: https://twitter.com/imperator_co

Discord: https://discord.gg/bB8JnN7m9r

Instagram: https://t.co/1D8IFBCUX5

Medium: https://medium.com/charged-particles

See you very soon !

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