> 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/iro-user-guide/iro-guide.md).

# IRO User Guide

CitaDAO is deployed on the Ethereum network. Community members with a MetaMask wallet can commit their Stablecoins in order to participate in the IRO. ([What is IRO](/intro/how-iro-works/introducing-real-estate-on-chain.md)?)

If the target is reached, members will receive Real Estate Tokens (RET), an ERC20 token with the right to buyout all other fraction holders to redeem the underlying Real Estate and their share of the IRO reward ([How to calculate IRO reward](/intro/how-iro-works/introducing-real-estate-on-chain/iro-rewards.md)). Otherwise, at the end of the IRO period the Stablecoins will be refunded and no reward will be distributed.

**Now that you have your funds all prepared and ready, here is what you need to do next to register for the IRO:**