Every transaction fee is routed on-chain into USDC, then into shares of property-owning SPVs. No buildings on a balance sheet — legal instruments, rental income, and provable receipts.
Four steps, fully on-chain up to the legal wrapper. No custodial promises, no off-chain spreadsheets.
Each buy and sell of $BSTATE skims a small fee in whatever was traded — ETH, SOL, or the token itself.
input · volatileVolatile inputs are auto-converted to USDC. Stability is required for accounting, pricing, and legal compliance.
stable · baseThe treasury uses USDC to acquire fractional shares of property-owning SPVs — rentals, apartments, real estate-backed tokens.
asset · realRental income flows back into the treasury, with a portion routed to $BSTATE holders on a predictable cadence.
output · yieldPrecision matters. Bankestate doesn't pretend to deed land on-chain — it holds the legal instruments that represent ownership of property.
A target allocation across real estate-backed shares, a stable base, and a small yield-bearing liquidity layer.
The split is governed and adjustable, but the principle holds: most of the treasury is in property-backed instruments, a slice stays in USDC for new buys, and a small portion sits in short-duration treasury yield to keep the book liquid.
Every position has a receipt. Every receipt is on-chain. Every distribution is auditable.