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Getting Regular Rewards

Important information! The BNRX token has not been issued at this time. The Binaryx Platform team is working on tokenomics to create value for the user in a utility BNRX token as soon as possible. The expected release date of the token is Q1 2024.
Being an owner of bAsset tokens, you've invested in the real estate market and will receive regular rewards from your tokens. The process works as follows:
  1. 1.
    Each property is connected to a Management Oracle that maintains this property, looks for new tenants, solves problems, and collects rental payments.
  2. 2.
    After collecting rental payments, the Management Oracle divides it into three parts:
    • For its services, Management Oracle will hold part of the property's rental income. The default option is 18%, but this can be changed through the Property DAO.
    • The Binaryx platform will hold a flat 2% of the rental income. These funds will be afterward distributed among the holders of the BNRX tokens.
    • The remaining 80% are exchanged for stablecoins (such as USDC or USDT) and are locked in the renting smart contract for the rental period.
  3. 3.
    During the rental period, funds locked in the renting smart contract are vested proportionally between token owners. The vesting mechanism ensures a continuous flow of income, allowing token owners to freely transfer and exchange their bAsset tokens at any moment.