How it works
Mint RWT
Anyone can mint RWT by paying in USDC at RWT’s current Book NAV price (the basket’s
book value per token). The payment enters the protocol as new capital for the basket.
The community chooses the asset
Which real-world asset to acquire is decided through a decision market (futarchy): the
community proposes candidate assets, and the market selects the ones expected to create the
most value for the basket.
Acquire RWA
The capital is used to buy the chosen income-generating real-world asset (RWA) and add it to
the basket.
Distribute yield
Net income is split according to the community-defined model (currently 40 / 30 / 20 / 10):
These shares are parameters: the community can change them through governance voting to keep
the protocol at maximum efficiency.
| Share | Direction | Effect |
|---|---|---|
| 40% | Compounding | Buys new RWA, raising the basket’s value per token (Book NAV). |
| 30% | stRWT staking rewards | Flows to stakers as a rising stRWT to RWT exchange rate. |
| 20% | Liquidity | Deepens the on-chain market for stable entry and exit. |
| 10% | Areal Finance DAO | Funds development, operations, and governance. |
RWA Basket
The RWA Basket is the productive core of the protocol: a community-owned portfolio of tokenized, income-generating real-world assets. It is what the minted capital buys and what produces the yield that flows through the model above. The community decides which assets to acquire, and each one adds its income to the protocol. In essence, the basket is the source of all yield in the protocol and the real backing behind the returns participants earn.Explore the RWA Basket
See the assets currently in the basket and the total RWA capitalization.
Two tokens
Areal’s goal is a maximally liquid, RWA-backed token. To keep RWT freely tradable while still rewarding the people who back the protocol for the long run, the model is split into two tokens: RWT stays liquid for anyone who wants exposure, and stRWT supports liquidity and rewards long-term holders who stake.| Token | What it is |
|---|---|
Real World Token RWT | A share in the RWA basket. Its fundamental price is Book NAV per token. |
Staked RWT stRWT | A share in the staking pool. Earns the 30% reward share via a rising rate. |
