> For the complete documentation index, see [llms.txt](https://docs.citadao.io/intro/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.citadao.io/intro/how-iro-works/primitives/economic-primitives.md). # Economic Primitives ### Index On-chain Index Tokens allow individuals to ape into Real Estate without having to decide which Real Estate Token (RET) to own. These index funds behave similarly to REITs and ETFs in traditional finance, deploying the digital asset received towards RET to form an index. For example, * An individual wishes to gain exposure in the retail space. * Index Tokens (SHOP) owns RET for retail assets A, B, and C. * The individual buys SHOP tokens and gains immediate exposure to all 3 assets. This enables individuals to ape into a pre-selected basket of RET, which reduces individual property risk, saves gas fees, and may result in better diversification and performance. ### Syndicated Private DAO The structure of a DAO enables many people to collaborate and pool funds – like ConstitutionDAO. This enables individuals to pool money for whatever purpose they deem fit, like raising funds to buy historic buildings to introduce on-chain. ### Real Estate Futures and Options Having Real Estate on-chain enables derivatives like futures and options for Real Estate, enabling RET holders to increase their RET yields, hedge against downside risk or ape into upside potentials with outsized rewards. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## 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, and the optional `goal` query parameter: ``` GET https://docs.citadao.io/intro/how-iro-works/primitives/economic-primitives.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. 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.