Oceanpoint: Revolutionizing Real Estate Tokenization with DeFi

Oceanpoint

Introduction

Developed and powered by Blocksquare, Oceanpoint is a cutting-edge protocol that bridges Decentralized Finance (DeFi) with real estate tokenization. Built on Ethereum’s smart contracts, Oceanpoint forms an open-end Decentralized Autonomous Organization (DAO) designed to own an unlimited pool of real estate assets. This innovative platform enables anyone, anywhere, to participate without legal restrictions, earning rewards by contributing to a decentralized ecosystem backed by the real estate economy.

Oceanpoint’s Token Ecosystem

Oceanpoint’s functionality revolves around a robust set of tokens, each serving a distinct purpose within the protocol:

BST Token

The Blocksquare Token (BST) is the native governance token of Oceanpoint. With a total supply of 61.61 million and a maximum supply of 100 million, 40% of BST tokens are set to be distributed to users over 78 months, concluding on August 22, 2028. According to CoinMarketCap, BST currently has 4.64K holders, a 24-hour volume-to-market cap ratio of 3.41%, and a price of $0.1084. By staking BST, users can participate in governance and earn rewards as the protocol grows.

sBST Token

When users stake BST in the Governance pool, they receive sBST, a token used for voting on Oceanpoint-related decisions through Snapshot governance polls. This mechanism empowers the community to shape the protocol’s future, ensuring a decentralized and inclusive approach to governance.

POINT Token

Oceanpoint introduces POINT, a stablecoin backed by the USD value of tokenized real estate assets held within its asset pool. One POINT can always be swapped for $1 worth of tokenized real estate, providing a stable and reliable investment option tied to real-world assets.

LP Tokens

Liquidity Provider (LP) tokens are issued to users who provide liquidity to decentralized exchanges (DEXs) like Uniswap, Sushiswap, or PancakeSwap via Oceanpoint’s liquidity pools. Users are able to stake LP tokens to earn BST rewards, enhancing liquidity and incentivizing participation.

BSPT Tokens

Blocksquare Property Tokens (BSPTs) are ERC-20 tokens representing specific real estate properties. Each property has a maximum issuance of 100,000 BSPT tokens, with 1,000 tokens equating to 1% of the asset’s capital stack. BSPTs feature on-chain property valuation and legally binding corporate resolutions stored on IPFS, ensuring transparency and enforceability. Each property has a unique BSPT identifier (e.g., BSPT-XYZ-##).

Live Pools Driving Participation

Oceanpoint offers a variety of pools where users can stake tokens to earn rewards, each with distinct characteristics and benefits:

Governance Pool

  • Main Pool: Users stake BST to receive sBST, enabling them to vote on protocol decisions. The pool has a Total Value Locked (TVL) of $2.79 million, an earning rate of 4.57% (sBST), and 291 wallets staking. The current ratio is 1 BST = 0.255 sBST, with a reward schedule of 125,000 BST per month. As the pool grows through liquidity mining and asset revenues, stakers gain more exposure to the underlying assets.

Marketplace Pools

  • Overview: These pools, also known as the RWA Launchpad, allow community members to support marketplace operators by staking BST. With a TVL of $483,783 and an average earning rate of 10.29% (BST), 14 active pools are currently operational. Certified partners propose marketplaces, depositing at least 500 sBST as collateral. The community pledges sBST until the pool reaches 100,000 sBST, granting operators a 100% discount on Blocksquare’s technology license. Higher collateral from operators boosts the Annual Percentage Yield (APY) for stakers.

Asset Pools

  • Issuer BSPT: Real estate owners can stake BSPT tokens of their tokenized properties to earn BST. The pool has a TVL of $3.02 million, an earning rate of 1.03%, and a 6-month lock period. Rewards are distributed at 125,000 BST per month, proportional to the pool’s sBSPT supply.
  • Community BSPT: Community members are able to purchase and stake BSPT tokens to earn BST. This pool has a TVL of $427,955.48, an earning rate of 22.43%, and a 30-day lock period.
  • RWA Technology BSPT: Focused on tokenizing Blocksquare’s intellectual property, this pool has a TVL of $137,823.96, an earning rate of 8.29%, and a 2-day lock period.

Liquidity Pools

  • BST:ETH: This pool allows users to provide liquidity to the BST-ETH trading pair on Uniswap, with a TVL of $1.38 million and an earning rate of 17.57%. A total of 65 wallets are staking, with a current ratio of 1 BST = 0.2549 sBST.

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