yieldEstates is a decentralized platform revolutionizing real estate investment by tokenizing properties, enabling fractional ownership, and facilitating seamless yield generation through rentals. Leveraging the Frax ecosystem, yieldEstates offers a robust marketplace and a comprehensive yield engine, making real estate more accessible, liquid, and efficient.
The traditional real estate market faces high entry barriers, limited liquidity, and complex yield management. yieldEstates addresses these challenges by:
- Democratizing real estate investment through tokenization.
- Providing liquidity via a dynamic marketplace.
- Simplifying rental and yield management with a robust yield engine.
- Tokenize Real Estate: Fractionalize properties into ERC1155 tokens for multiple owners.
- Marketplace: List, buy, sell and rent asset-backed real estate tokens, Primary Tokens (PT), and Yield Tokens (YT).
- Yield Engine: Manage rentals, collateral, primary tokens, yield tokens and yield distribution seamlessly.
- PrimaryToken (ERC20): Tradable token representing real estate ownership.
- YieldToken (ERC20): Tradable token representing the right to claim rental yield.
- Collateral Management: Secure collateral handling with liquidation mechanisms for non-payment penalty.
- Oracle Integration: Real-time price feeds for ETH used as collateral.
Address on Fraxtal mainnet: 0xba892672522726e09711300F1A193ff0F2F00222
Address on Fraxtal testnet: 0xFc499e7D593aB1E81a817ad3a2BF00cFB0e1D1b1
Purpose: Tokenizes real estate into fractional shares allowing multiple ownership.
Key Functions:
mint: Creates new real estate tokens.safeTransferFrom: Enables transfer of fractional shares.
Address on Fraxtal mainnet: 0xe70AA5B26D0B7ce07aFc5C76f6045af24D9ad726
Address on Fraxtal testnet: 0xb338208a5c07CA09262a0bf514e87207DAce4Ce4
Purpose: Facilitates listing, buying, and selling of real estate tokens, PTs, and YTs.
Key Functions:
createOffer: Lists a real estate token for sale or rent.takeOffer: Allows users to purchase listed real estate tokens or rental of listed real estate tokens.
Address on Fraxtal mainnet: 0x5bfca951E55Fed1750e65a5F63A646A83F009e92
Address on Fraxtal testnet: 0x242a13efb6e4e2e131923f2Aa8df2B4Bde620c86
Purpose: Manages rentals, collateral, and yield distribution.
Key Functions:
stakeRealEstate: Locks real estate tokens and mints PT and YT.payToVault: Allows renters to pay rental fees in Frax tokens.claimYield: Enables YT holders to claim yield.realEstateRedeem: Allows PT holders to redeem real estate tokens after the rental period.collateralRedeem: Enables renters to redeem their collateral.liquidateCollateralIfNotPaid: Liquidates collateral if the renter fails to pay.
Address on Fraxtal mainnet: 0xEb5454475d33Bc710Eae4b13E94A441eb49b7981
Address on Fraxtal testnet: 0x4fdc83425E7655C0a8BAD945819eAc0F186F2E04
Purpose: ERC20 token representing real estate ownership.
Key Functions:
mint: Creates new PrimaryTokens.burn: Destroys PrimaryTokens upon redemption.
Address on Fraxtal mainnet: 0x0CeABE52f989FaCEd0D6Fee3dF37FeFE5A9DCEeC
Address on Fraxtal testnet: 0x4a07774aB95614a24F979F44571f2A3e15a94f7d
Purpose: ERC20 token representing the right to claim yield.
Key Functions:
mint: Creates new YieldTokens.burn: Destroys YieldTokens upon yield claim.
Address on Fraxtal mainnet: 0x0092eA01cE547A2Fc236004f26603D3c044dfF74
Address on Fraxtal testnet: 0x5bfca951E55Fed1750e65a5F63A646A83F009e92
Purpose: Uses RedStone oracles to retrieve the price of ETH for collateral purposes.
Key Functions:
getLatestPrice: Retrieves the latest price of ETH.
- Foundry: Ensure you have Foundry installed. Follow the Foundry installation guide if not already set up.
- Frax Ecosystem: Ensure you have access to Frax tokens and utilities.