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. 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.
$IONX is the native governance token for the Charged Particles Protocol. Any changes to the Protocol will be proposed and voted on by $IONX token holders. These proposals can include things like adjusting contract configuration values to adjust the protocol deposit fee, implementing scaling solutions, adjusting 3rd party integration fees, registering, adjusting or disabling DeFi protocols as yield sources, whitelisting NFT platforms, and controlling future distribution of $IONX to protocol contributors.