Announcing the Uniswap Incentive Program
RealT is distributing extra rental income to those that provide liquidity to Uniswap!
Liquidity is the Goal
RealT’s primary objective is to make real estate liquid. In a never-ending pursuit of this goal, we are excited to announce the Uniswap Incentive Program!
Here’s how it will work:
RealT has placed 15% of the supply of 9336 Patton into the Uniswap Exchange.
Those 150 Patton tokens earn 2.74 Dai per Day, or 83.35 Dai per Month.
Instead of keeping that rental income revenue for the company, RealT will be redistributing it to those that provide liquidity to the Patton Uniswap Exchange.
If you own Patton tokens, you are able to provide liquidity to the Patton Uniswap exchange, and earn this extra revenue rewards.
Details about how to become a RealT Liquidity Provider with Uniswap are available here
Following Synthetix’s Success in Leveraging Uniswap
Synthetix Network has use an incentive system for increasing liquidity in Uniswap to great effect. Synthetix rewards all sETH/ETH LPs with SNX rewards, send SNX directly to the wallets that hold the LP token for the sETH/ETH exchange. This way, sETH/ETH LPs earn fees from the Uniswap exchange, AND also receive SNX rewards for providing liquidity.
RealT is going to follow this same model!
Liquidity Providers to the Patton Uniswap Market receive financial rewards in three ways:
- The 0.3% fee from all trades made on the exchange (built into Uniswap)
- The rental income from the property (From owning the RealTokens)
- RealT’s share of the rental income (Extra $$ from RealT!)
What will this achieve?
RealT has a commitment to putting RealTokens in as many corners of Ethereum as possible. Because RealTokens are security tokens and operate on a whitelist, this is far from an organic process, and is something that needs to be engineered.
Redistributing RealT’s rental income to other LP providers should, in theory, incentive Patton owners to move their tokens the exchange and provide liquidity. The more Patton tokens are inside the Uniswap exchange, the more liquid the property is!
Right now, the Uniswap Exchange holds 15% of the total supply of Patton tokens. With this incentive program, we hope to get that number as high as possible!
Join us in breaking down barriers!
Join the global set of RealT users who are receiving rental payments from U.S. real estate properties every day!
