> For the complete documentation index, see [llms.txt](https://doc.fracton.cool/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.fracton.cool/fractonxs-solutions/overview/fraction-and-redemption.md).

# Fraction and Redemption

Any non-fungible tokens (NFTs) can be fractionalized and redeemed back using a combination of three Ethereum token standards: ERC721, ERC1155, and ERC20. As shown in the flow chart, Fracton provides 2 steps of fractionalization (ERC721-ERC1155-ERC20) with a hardcoded swap rate (1:1000) on each step. The protocol leverages Chainlink VRF for swapping People’s NFT for a random NFT (of the target collection) held in the protocol.

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