$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.