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docs.

01Overview

Yieldestate is a memecoin with a transparent treasury policy. Every transaction fee on $ESTATE is routed on-chain into USDC, then into shares of legal entities that own real rental property. The rent those properties earn flows back into the treasury and is airdropped to holders every 15 minutes.

What's deliberate: the contract does not claim to deed land on-chain. It holds legal instruments — SPV shares, fractional property tokens, and income rights — that represent ownership of the underlying property.

02Fee routing

Each buy and sell of $ESTATE incurs a small fee, collected by the protocol in whatever asset was on the inbound side of the swap — ETH, SOL, USDC, or the token itself. The fee is forwarded to the treasury contract every block.

No team wallet skim, no marketing wallet, no separate buyback wallet. Every basis point goes to the treasury contract.

03USDC bridge

Volatile inputs are auto-converted to USDC via on-chain DEX routes. Stability is required because:

• Real estate platforms price everything in dollars.
• SPV share acquisition is a discrete, dollar-denominated transaction.
• Accounting and legal compliance demand a stable base unit.

The bridge runs continuously and accumulates USDC into the acquisition queue, drawn down when the treasury executes its next SPV purchase.

04SPV acquisition

Once the USDC queue exceeds the configured threshold, the treasury executes a purchase against a whitelisted real-estate platform. The treasury receives one of:

• SPV shares — equity in a legal entity that owns one or more properties.
• Fractional property tokens — on-chain representations of those shares (RealT-style, Lofty-style, Ark7-style).
• Income rights — claims on rental cashflow without full equity.

Each acquired position is recorded in the on-chain SPV registry with a unique identifier, property address hash, share count, and acquisition price.

05Treasury policy

The treasury maintains a target allocation across three buckets. Rebalancing is governed and runs on a published schedule.

Drift bands are ±5% on each bucket. If a bucket drifts outside its band, the rebalancer is authorized to act without a new vote.

06Distributions

Rental income collected by the SPVs accrues in the treasury contract. Every 15 minutes, the holder share is airdropped directly to wallets — pushed on-chain, proportional to each holder's balance. No manual claim, no lockup.

Because payouts are pushed automatically each cycle, there is nothing to claim — holding $ESTATE in your wallet is enough to receive the airdrop. Wallets below a dust threshold roll their share into the next cycle to keep gas economical.

07Governance

$ESTATE holders vote on bounded parameters: fee rate (within a hard ceiling), target allocation, platform whitelist, and distribution split. Votes are token-weighted with a configurable quorum.

Some values are not governable — the existence of a USDC bridge, the SPV registry contract, and the public-receipt requirement are immutable. Governance can tune the treasury, not abolish it.

08Risk & limits

Real things this design is exposed to:

• Platform risk — an SPV operator fails or misappropriates funds.
• Property risk — vacancy, damage, market depreciation.
• Stablecoin risk — USDC issuer event.
• Liquidity risk — SPV shares are slow to exit.
• Regulatory risk — jurisdictional reclassification of tokenized real estate.

Mitigations are policy-level: whitelist diversification, capped per-SPV exposure (5% of book), the T-bill liquidity buffer, and the documented stablecoin fallback. None of these eliminate risk — they shape it.

09Contracts

All addresses, ABIs, and the SPV registry schema are published in the repo and pinned in the contract metadata. Each release ships with a signed treasury report and a settlement summary.

Until launch, addresses appear as tba. This page is the canonical source after deploy.