Getting Regular Rewards
Being an owner of bAsset tokens, you've invested in the real estate market and will receive regular rewards from your tokens. The process works as follows:
- 1.Each property is connected to a Management Oracle that maintains this property, looks for new tenants, solves problems, and collects rental payments.
- 2.After collecting rental payments, the Management Oracle divides it into three parts:
- For its services, Management Oracle will hold part of the property's rental income. The default option is 18%, but this can be changed through the Property DAO.
- The Binaryx platform will hold a flat 2% of the rental income. These funds will be afterward distributed among the holders of the BNRX tokens.
- The remaining 80% are exchanged for stablecoins (such as USDC or USDT) and are locked in the renting smart contract for the rental period.
- 3.During the rental period, funds locked in the renting smart contract are vested proportionally between token owners. The vesting mechanism ensures a continuous flow of income, allowing token owners to freely transfer and exchange their bAsset tokens at any moment.
Last modified 23d ago