Overview
RealEx, operated by the RealEx DAO, is the first real estate-backed cryptocurrency.
RealEx DAO (decentralized autonomous organization) aims to democratize real asset ownership and empower billions of people to participate in wealth creation through decentralized finance.
To accomplish this, RealEx is designed as a steadycoin, which is a cryptocurrency backed by inflation-resistant hard assets (not fiat currency), offering the potential of yield to the owners and providing a medium of exchange. The RealEx steadycoin will be launched on the Ethereum blockchain under the symbol “REALEX”, and will ultimately bridge to other layer 1 and 2 blockchains where it makes sense.
RealEx DAO will use the steadycoin to source liquidity to fund the acquisition of real estate and crypto assets, which will provide the underlying value of the cryptocurrency. Liquidity will also be used to support the continued development of the core technology platform (the “RealEx Protocol'') on behalf of the community.
RealEx DAO will share any proceeds from real estate and crypto staking with the community of RealEx steadycoin owners. The yield and growth parameters will be governed by the RealEx DAO through coordination and consensus from the community, and not decided upon by a single person.
The RealEx DAO is building the RealEx Protocol, which is an open source transaction and data layer built on Ethereum, which will ultimately empower anyone to integrate their own assets or software into RealEx.
The RealEx Protocol will be designed to be an app store for tokenizing real assets. The initial protocol implementation is a system of the following smart contracts.
  • The RealEx steadycoin (REALEX) - A standard ERC20 token that can be integrated into any Defi product and protocol.
  • The RealEx Governance token (REALEX-G) - A token providing governance rights over decisions in the DAO. This is a non-transferrable token.
  • The RealEx Asset NFTs (REALEX-NFT) - A non-fungible token representing real assets under management by the DAO.
  • The RealEx Asset Vault - A set of smart contracts coordinating the assets held in the vault and the issuance of REALEX tokens as a representation of those assets.
Last modified 7d ago
Export as PDF
Copy link