Fraktal deploys Vesting Capsules

Published in

Charged Particles

3 min readMar 17, 2022

Fraktal Launch

Fraktal.io is launching the $FRAK token this week.
Within their tokenomics structure, 10 % of total supply is vested inside Charged Particles’ Vesting Capsules.

Specifically, 9% of 10% total team tokens are vested in Capsules, with 1 and 2 year unlocks, and 1% of the 5% of the launch partner airdrop is also vested with 1 and 1.5 year time-locks scheduled.

As the $FRAK team said of Vesting Capsules,

“They make the most sense. You can still have liquidity on secondary market but without having dumping power on the primary market.
And we’re an NFT project, so it’s cool to use NFTs for everything we can.”

With Fraktal joining other projects such as Paragons DAO in utilizing Vesting Capsules, the “Total Value Capsuled” continues to grow.

Vesting Capsules

Vesting Capsules are a unique application made possible with Charged Particles. Simply, they are NFTs with team or investor tokens time-locked inside. This offers the joint properties of locking tokens from the market, while keeping the owner’s position liquid to be traded or collateralized.

Locked tokens, liquid positions

How to make them? It’s as simple as: Mint, Nest, Vest!
Looking for details? Learn more here!

Fraktal and Charged Particles

We’re excited to support the launch of Fraktal, as they increase utility for NFTs. This includes the ability to fractionate Particles.

Fractionation protocols such as Fraktal complement Charged Particles protocol. That is, they allow NFTs to be divided into sub-units, while Charged Particles allows discrete NFTs to be combined into a single unit.

The analogy of atoms bonding into molecules, and molecules breaking their bonds again into atoms is particularly apt to visualize this.

About Charged Particles

Charged Particles is a protocol that allows users to deposit ERC-20, ERC-721, and ERC-1155 tokens into NFTs.
A scarce NFT (e.g. Art, Collectible, Virtual Real Estate, In-Game Item, etc.) can now be transformed into a basket holding tokens. The Principal amount can be time-locked inside the NFT, and through integration with Aave’s aTokens, the programmable yield from these DeFi yield-generating assets is just a few clicks away. Live on Ethereum Mainnet and Polygon networks.

Use Cases Include:

Stay in Touch