> For the complete documentation index, see [llms.txt](https://docs.polarise.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.polarise.org/nft-and-erc-1000-standard/erc-1000-eip.md).

# 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.