Charged Particles is a relatively new protocol. It allows customers to deposit ERC-20 tokens into an NFT. As a result, users can now transfer a scarce NFT (e.g., Collectible, Art, In-Game Item, Virtual Real Estate, etc.) into a basket holding a number of other tokens.
Charged Particles decided to launch its IDO on Polkastarter on May 31st, 2021. The IONX token has attracted lots of attention from investors.
IONXs are Interest-bearing Non-Fungible Tokens or DeFi NFTs. Thus, “Particle” is a Non-Fungible Token minted with an interest-bearing token via the Charged Particles Protocol to accrue interest over time, giving it a “Charge.”