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Overview
Fracton Protocol is designed to fractionalize any targeted NFT collections, allowing holders to own fractions of the NFT with little to no chances of getting ripped off. With one Ethereum call into FractonFactory importing NFT contract address, the protocol automatically deploys fractionalized ERC1155 and ERC20 token contracts and creates a swap relationship paired to the imported ERC721 token collection, which provides 2 steps of fractionalization and liquidity (ERC721-ERC1155-ERC20).
The following flow chart illustrates the various functions of the Fracton protocol and the steps involved in achieving them:
Last modified 10mo ago