Locations
Toronto, ON, Canada · North York, Toronto, ON, Canada · Aurora, ON, Canada
industry
Information Technology
Size
1 - 10 employees
Stage
Other
founded in
2020
Charged particles are interest-bearing non-fungible tokens (defi nfts) that are minted with an underlying asset and accrue interest over time, giving the token a "charge". The amount of interest earned from the token represents the "charge" that the particle has amassed. Particle value = intrinsic value (underlying asset, ie. Dai) + speculative value (non-fungible rarity) + interest value (ie. Chai, rdai, cdai, atoken, ytoken, and more!) value appreciation: imagine a babe ruth rookie card stuffed with $1 and earning interest since 1916! Or a piece of digital-art holding $10 and constantly appreciating in value! Ownership: charged particles are yours! They are standard, non-custodial nfts, held in your wallet, and can be "discharged" at any time, collecting any accrued interest from the token. They can also be burned to reclaim the underlying asset + interest in full, destroying the token. And just like any other nft, you may trade, transfer or sell your charged particles!
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