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.
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