Yield-Boosting Lepton NFTs Now Buyable with IONX Token
New IONX utility proposed by the Charged Particles DAO is now live!
Over the last few quarters, one of our key focuses at Charged Particles has been adding new utility for the IONX token. What started as a governance token has now evolved into a multi-utility tool. Expanding first to help power our early adopter program and smart contract allowlisting, IONX now provides DApp fee discounts, and most recently can be used to purchase Leptons, the yield-boosting NFTs that work in conjunction with our NFT Liquidity Mining Program.
What does NFT Liquidity Mining mean? And how do Leptons work? Let’s break it down.
Using our protocol, every NFT can hold it’s own tokens — ERC-20s, 1155s, and 721s and, with our unique Aave Integration, depositing Aave-supported assets such as USDC into your NFT earns interest automatically. You read that right. Your NFT can earn interest.
With our liquidity mining program, when you earn interest on an Aave-supported asset, YOU WILL ALSO EARN $IONX, the Charged Particles DAO governance token. Leptons will take that yield bonus even further, boosting the amount of IONX you earn.
After last month’s governance vote, we quickly began to implement this new IONX utility feature, which is now live on our DApp. When purchasing a Lepton, you will now have the option to use ETH or IONX. We hope this new utility will encourage long term holders who may have held off on participating in the liquidity mining program before to feel empowered to take their Charged Particles experience to the next level.
We’ve got a lot more on the roadmap ahead, so stay tuned and be sure to join our Discord and Telegram communities to make your voice heard!
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 a number of other 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.
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Applications of Charged Particles:
✅ DAO Capsules | ✅ Vesting Capsules | ✅ Escrow Capsules | ✅ NFT Trust Accounts | ✅ Gift Baskets | ✅ Improved NFT Index Funds | ✅ Financially Appreciating Artworks | ✅ Nested Bundles of Artworks | ✅ Redemption Tickets | ✅ Creative Crowd-funding Campaigns | ✅ Company Token Promos
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