$UNIT - Individual Property Tokens
Holders of $UNIT tokens form the property’s DAO and use those tokens to vote on property-level matters. These decisions might include approving budgets for property maintenance, selecting property managers or renters, deciding on rent adjustments, or ultimately voting on a sale of the property. Essentially, if you own a share of a property via $UNIT tokens, you have a direct voice in how that property is managed.
This ensures that the DAO members actively steer the property’s operations and strategy, rather than a centralized landlord.
Key info
Each tokenized property is governed by its own DAO composed of that property’s token-holders.
Property decisions are made through snapshot.box - a separate DAO is set up for each property.
$UNIT tokens represent fractional ownership of the DAO related to that specific property.
Every $UNIT token equals one vote in that property’s governance, aligning voting power with ownership stake.
$UNIT token-holders are not guaranteed any income or profit from the properties they govern.
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