# ERC-1000 EIP ### ERC-1000 Overview ERC-1000 is Polarise Protocol’s advanced token standard that unifies NFTs and fungible tokens into a single, convertible asset model. Built on top of ERC-721 and ERC-20, ERC-1000 allows assets to move seamlessly between NFT and fungible representations depending on how they are used within the ecosystem. This design enables social and content-based assets to remain flexible, liquid, and composable without fragmentation. At its core, ERC-1000 introduces a **new liquidity facilitation mechanism** that enables what Polarise defines as *standardized fragmentation*. By combining the ERC-1000 standard with Polarise’s proprietary protocol tools, non-homogeneous assets such as NFTs and other non-standard content assets can be securely and efficiently converted into standardized token forms. This allows previously illiquid or hard-to-use assets to participate in broader on-chain applications without losing their original identity. Through this mechanism, ERC-1000 addresses long-standing limitations of NFTs in financial and composable systems by improving liquidity while preserving ownership continuity and functional flexibility. ERC-1000 powers Polarise’s **P-Token system**, **fractionalization framework**, and core liquidity modules, including **Flash Trade**, **NFT Leverage**, and **Consignment**. Together, these components allow content assets to be traded, reused, and integrated across posts, discussion threads, and communities. ### ERC-1000 Capabilities ERC-1000 supports the following core capabilities: * Convert an ERC-721 NFT into a fixed supply of ERC-20 tokens, and convert ERC-20 tokens back into NFTs * Receive ERC-20 tokens by depositing NFTs into the ERC-1000 contract * Convert ERC-20 tokens into either random or specific NFTs * Use NFTs as collateral to obtain ERC-20 tokens through **leverage** or **consignment** mechanisms * Repurchase or redeem NFTs that are placed in **Flash Trade**, collateral, or consignment positions These capabilities allow assets on Polarise to remain liquid, adaptable, and usable across multiple social and on-chain contexts without breaking ownership continuity. For the complete technical specification, please refer to the full [**ERC-1000 EIP**](https://erc1000-docs.polarise.org/) documentation. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.polarise.org/nft-and-erc-1000-standard/erc-1000-eip.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.