Introducing Synthetic Real Estate
We don’t know about you, but when our staff sees the word synthetic, it screams technology and innovation. We always relate it to AI or some artificial implementation that can perform autonomous activities. As part of our core strategy and use case, the RELIC token will be used in 3 ways:
- DeFi
- Reflections
- Synthetic Real Estate
One of the most popular ways entrepreneurs are trying to incorporate digital currencies into real estate transactions today is by creating new currencies and tokens for buying, renting, trading, and investing in real estate without having to conduct a traditional transaction. This is more like buying shares in a company that may own real estate.
Synthetic Real Estate is a way to follow Commercial and Auction Based Properties using a tokenized Smart Contract. On the surface, I can simplify this use case by the following using 3 steps: Everything Starts with RELIC.
RELIC is the starting point for every swap to the Real Estate Synthetic Assets. Initially, we will start with two synthetic tokens representing two synthetic Real Estate Assets. By Swapping into the Synthetic Real Estate Assets from RELIC, you are creating a ticket to enter the Liquidity Pool for the Properties we want to participate in.
Once you swap, you can deposit your RELIC and Synthetic Real Estate Tokens in the Liquidity Pool described below: We will start with 2 Liquidity Pools of Tokenize Real Estate.
After you participate in the liquidity pools, this can serve the community two-field. First, these Liquidity Pools will output RELIC, which you will earn while your tokens are in the liquidity pool. Earn Relic Rewards
As the Liquidity Pools grow in TVL (Total Value Locked), the community will now have an opportunity to lock and vote for opportunities where the synthetics become tangible.
Join our community and be part of the innovation we are building.
Do you see a value in joining groups as part of a real estate in investment strategy? #comment
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Copyright © This free information is provided courtesy of L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. EAC22071602KT Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.