CitaDAO Docs
  • Overview
    • Introduction
      • Why bring IRL property on-chain?
      • What sets apart CitaDAO from past tokenization projects?
      • Who is CitaDAO for?
    • FAQ
      • FAQ (Listing Properties)
      • FAQ (Real Estate Tokens)
      • FAQ (Legal)
      • FAQ (Operations)
    • Roadmap
    • Tokenized Real Estate
      • 20SML0253
      • 18SML711
  • How IRO works
    • Overview
      • Conducting Due Diligence
    • Introducing Real Estate On-chain (IRO)
      • Committing Stablecoins
      • IRO Rewards
      • IRO Outcome
    • Operations
    • Buyouts
      • Redeeming the Title Deed
    • Primitives
      • Liquidity Primitives
      • Utility Primitives
      • Economic Primitives
  • IRO User Guide
    • Getting Ready
    • IRO User Guide
      • 1. Committing to the IRO
      • 2. IRO Outcome - Properties
        • IRO succeeded & What's next
        • IRO failed & What's next
    • FAQ - Troubleshooting
  • IRO Details
    • London Commercial Building IRO
    • Singapore Industrial Building IRO
      • Singapore
        • 20 Sin Ming Lane
        • 18 Sin Ming Lane
      • Market Comparable
    • Cardiff Commercial Building IRO
      • Cardiff City
      • Property Pricing
  • xKNIGHT Staking
    • What is Staking?
    • What is xKNIGHT?
    • Staking Guide
  • KNIGHT Yield Farming
    • What is Yield Farming?
    • Yield Farming Guide
  • RET YIELD FARMING
    • What is Yield Farming?
    • Yield Farming Guide
  • Tokens on CitaDAO
    • KNIGHT Token
      • CitaDAO Tokenomics
    • Real Estate Token (RET)
  • Security
    • Security at CitaDAO
  • Acronyms
  • Deployed Contracts
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Risk Disclosure Statement
  • Other Languages
  • Get Involved
    • Contribute at CitaDAO
    • Governance Forum
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  • What are Real Estate Tokens (RET)?
  • Is the RET the same as the CitaDAO governance token?
  • Are RET considered Stablecoins?

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  1. Tokens on CitaDAO

Real Estate Token (RET)

What are Real Estate Tokens (RET)?

RET represent a share of rights. RET holders have the rights to buyout other RET to claim the NFT and redeem the title deed as well as the assets of the Special Purpose Vehicle (SPV). (Note that RET do not represent a share of the tokenized property.)

There will be different RET for different properties.

Upon a successful IRO, an NFT (ERC721), a digital right to redeem the title deed will be minted and deposited into a smart contract which will distribute fractions of itself as the RET. RET (ERC20) can be swapped on AMM such as Uniswap and can be used in liquidity pools to earn liquidity rewards.

Is the RET the same as the CitaDAO governance token?

No. RET are specific to their property and represent a share of rights while the KNIGHT token is CitaDAO's governance token. Each successful Real Estate Listing will produce a unique RET, not KNIGHT tokens.

Are RET considered Stablecoins?

RET are not Stablecoins. RET are indirectly supported by the value of their corresponding Real Estate but are not pegged to the value of the Real Estate. Like traditional Real Estate, RET are a natural inflation hedge and can protect the owner against inflation on-chain.

Additionally, RET are more decentralized than Stablecoins. Most Stablecoins are backed by fiat currency held in bank accounts that are centralized in nature. Each collection of RET on-chain is held by different entities globally, enabling them to be decentralized fundamentally.

Finally, Real Estate typically generates better yields than fiat currencies held in bank accounts as rents are typically rebased due to inflation, which adds to the RET's value over time.

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Last updated 2 years ago

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