# House Tokens Each property will have its own token. All trades will be paired to the JovJou token. All settlements are made on the day the object is placed. **A simple example:** House - 100 m² JJ0001 - 100 000 NFT - 100 The appraised value of the house - $100,000 Price JovJou - $1 * Concentrated liquidity is created at UNISWAP V3: 100 000 JovJou - 100 000 JJ0001 * After redeeming all m², the pool will be: 200 000 JovJou - 0 JJ0001 JJ0001 token holders can now only rely on an increase in real estate valuation. To obtain rights and yields, a step with verification and signing a contract must be completed. After that, your NFT will need to be locked. **Supplement** * You need to have JovJou tokens to purchase real estate. * You pay 1000 JJ000.. to create 1 NFT. But if you want to go into liquidity, you will be refunded 990 JJ000.. 10 JJ000.. will be retained for legal partner expenses. * JovJou/JJ000.. pool always exists as long as the object is part of the project. * The pool is placed in a range with \~20% deviation from the average cost to create a spread. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://jovjou.gitbook.io/jovjou/jovjou-tokens/house-tokens.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.