RealT has deposited 15% of the supply from the 9336 Patton property into Uniswap. That 15% of the tokenized property, or 150 Patton Tokens, earn 83.35 Dai per month.
Normally, RealT retains a portion of every tokenized property offered on the platform, earning passive revenue from the properties on top of having assets on the company’s balance sheet.
Instead of keeping the earnings from the Patton property, RealT has elected to distribute the earnings pro-rata to liquidity providers who deposit tokens into the property’s Uniswap Liquidity Pool.
It is important to note that RealT’s tokenized properties are permissioned and only available to select individuals – primarily accredited US investors. All RealT’s tokenized properties are embedded with a whitelist of Ethereum addresses that can hold the tokens where any transfers to addresses not on the whitelist cannot be processed.
Liquidity subsides — A new strategy?
RealT is not the first DeFi project to leverage subsidies for Uniswap Liquidity Providers. Synthetix, a synthetic asset issuance platform, was one of the pioneers for this type of incentive program.
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