Areal Finance

Areal Finance turns cash-flowing real businesses into tradable, yield-paying, community-governed on-chain primitives. Two tokens are already live on Solana mainnet: **RWT**, a share in a basket of income-generating real-world assets priced at on-chain Book NAV, and **stRWT**, the staking token that compounds protocol income through a rising exchange rate. The first asset — a tokenized $25,000 Mini Cooper carshare in Dubai with ~150 community holders — entered the basket in June 2026, with its first income distribution imminent. Launching on Futard.io means futarchy is live from day one. Every key protocol parameter — the income split, fee rates, asset listings, treasury deployment — is priced by the MetaDAO futarchy engine, not decided by a team or committee. This is a pre-seed round with a live MVP. Small raise, honest scope. ## The Problem Institutional RWA (Ondo, Centrifuge, Maple) opened real-world liquidity on-chain, but only for $10M+ issuers with custom deals and quarterly distributions. Below that floor, 99% of real businesses — carshares, capsule hotels, solar stations — have no on-chain path. Meanwhile, most RWA protocols issue a separate token per asset, leaving liquidity scattered across dozens of thin pools. Governance happens in off-chain committee rooms with no visibility for holders. Fragmented liquidity, opaque governance, SMBs shut out. That's the gap. ## How It Works Areal collapses an entire RWA stack — tokenization, yield distribution, liquidity, and governance — into one shared basket and two tokens. - **Mint RWT** by paying USDC at the current **Book NAV price** (the basket's book value per token). The payment enters the protocol as new capital. Existing holders are never diluted — supply and NAV grow together. - **The community picks the asset** through a decision market (futarchy). Capital buys the chosen income-generating real-world asset (RWA) and adds it to the basket. - **The basket earns** real, off-chain income, net of servicing costs. - **Net income is distributed** on a community-defined model, currently **40 / 30 / 20 / 10**: | Share | Direction | Effect | |---|---|---| | 40% | Compounding | Buys new RWA, raising Book NAV per token | | 30% | stRWT staking rewards | Flows to stakers via a rising stRWT→RWT rate | | 20% | Liquidity | Deepens the on-chain market for stable entry/exit | | 10% | Areal Finance DAO | Funds development, operations, governance | These shares are **parameters** — the community can change every one of them through futarchy. RWT has no redeem; holders exit through the on-chain market, supported from below by buybacks (the 30% share) and liquidity depth (the 20% share). **Live contracts on Solana mainnet:** - RWT — `RWTeFt9M635Tf6w6yveAoXQR2ZwfXs7MfA7W3grDuGT` - stRWT — `sRWTy1bkqvRegb31RETanhbAtJ7eXN6XsTvaqBRh6kA` Every asset, balance, and metric is verifiable on-chain and published live at [docs.areal.finance](https://docs.areal.finance). ## Market & Differentiation ### Target Users - **Communities that use or back real businesses** — co-owners, not spectators. A $100 holder earns the same per-token rate as a $100,000 holder. - **Crypto users seeking productive yield** tied to real cashflow, not price action. - **Operators** with existing audiences who want turnkey tokenization, yield distribution, liquidity, and governance without building a protocol from scratch. ### Edge - **Futarchy governance from day one** via MetaDAO — parameters priced by markets, not committees. - **Compounding on-chain yield** — no claims, no quarterly windows. RWT compounds into Book NAV; stRWT compounds into a rising rate. - **One shared basket, one liquid market** — not a separate thin pool per asset. - **Community-governed, not issuer-controlled** — no privileged party sets rules post-deploy. - **Live on Solana mainnet** — RWT and stRWT deployed, first real asset onboarded, ~150 holders. ### Go-to-Market We don't chase retail attention. We onboard operators who already have communities, and each operator brings both supply and demand. The Dubai carshare is live on-chain, and the pipeline is focused on onboarding more income-generating RWA into the same shared basket. ## Business Model & Revenue Areal earns from flow, not fund size. Revenue routes to the DAO treasury. No AUM fee, no carry on holder yield. Core parameters from the deployed contracts: - **1% mint fee** — on every RWT issuance, to Areal Finance. - **10% of net basket income** — the DAO share of the 40 / 30 / 20 / 10 distribution. - **DEX swap fees** — on trades through RWT's on-chain liquidity. Every parameter above is futarchy-governed via MetaDAO from launch. Treasury surplus — buyback, distribution, reinvestment, accumulation — is decided by markets, not the team. ## Traction ### Dubai Pilot — Vehicle Tokenization - Tokenized a 2023 Mini Cooper Convertible, valued at **$25,000**, in Dubai, UAE. - **On-chain in the RWT basket since June 15, 2026**, with **~150 community holders**. - Leased to a carsharing partner: net rental revenue split between holders and operator, with a mandatory asset buyback at the end of the lease term. - Reserves are funded transparently and on-chain: **6%/yr amortization** plus **$1,000/yr insurance** (≈ $208/mo set aside), with the amortization wallet readable live. - First income report is pending — the asset's first earning period is in progress; Book NAV currently sits at its ~$1.00 baseline and will rise as income compounds. The pilot is a production asset paying a real operator contract, not a prototype. ### Liquidity RWT liquidity is live on-chain (Meteora RWT / USDC), valued at pool price, and grows automatically from the 20% liquidity share as the basket earns. ### Growing the Basket The basket is built to scale: each new asset adds its income to the same shared pool and the same liquid market. The focus from here is onboarding more income-generating RWA, with every listing chosen by the community through the decision market. ### Disclaimer Past performance does not guarantee future results. Market conditions, seasonality, and operator execution all affect future yield. Participation should be evaluated against individual risk tolerance and jurisdiction. ## Roadmap & Milestones - **Now:** Futard.io launch via the MetaDAO futarchy engine. Treasury activates. All protocol parameters governed by futarchy from day one. - **Next 1–3 months:** Protocol hardening and contract improvements. First income distribution from the Dubai asset. Onboard more income-generating RWA into the basket. - **Longer horizon:** Governed by whatever the market prices next through futarchy — asset listings, fee adjustments, the income split, treasury deployment. ## Use of Funds Hard cap: $10,000. | Category | Allocation | Amount | Purpose | |---|---|---|---| | Code & development | 80% | $8,000 | Protocol hardening, contract improvements, frontend work on the live MVP | | Protocol liquidity | 20% | $2,000 | Initial on-chain liquidity for the governance and RWT pairs | The team is bootstrapped and self-funded. No office, no overhead, no marketing spend at this stage. $10K buys focused engineering time to push the live MVP toward the next RWA asset onboarding. Any further allocation is decided by the DAO via futarchy post-launch.