Summary
- Distribution Date: April 5th, 2025
- Gross Rental Income: $5,478.10
- Net Distributable Income: $3,834.67
- RENT Tokens Purchased: 151,739.68822
- Distribution Amount (50%): 75,869.84411 RENT
- Burn Amount (50%): 75,869.84411 RENT
- RENT Token Value: $0.02527
Distribution Details
- Eligible Wallets: 172 (up from 106 in March, a 62% increase)
- Total Eligible RENT: 3,625,663
- Eligibility Criteria: Minimum 1,000 RENT tokens held for 15 days before distribution (excludes team, liquidity, and project wallets)
- Distribution Formula: (Your RENT tokens / Total eligible RENT tokens) × 75,869.84411 RENT
Distribution Methodology
The distribution process follows these steps:
- We identify all eligible wallets based on the criteria above
- We calculate each wallet's proportional share of the distribution based on their holdings
- Tokens are distributed proportionally to all eligible wallets without rounding
This approach ensures that 100% of the distribution amount goes directly to eligible token holders.
Property Performance
Total Portfolio
- Total Gross Rental Income: $5,478.10
- Total Fees (30%): $1,643.43
- Net Distributable Income: $3,834.67
Individual Properties
Colombia Property 1
- Location: Medellín
- Average Nightly Rate: $55
- Occupancy Rate: 65%
- Gross Income: $1,073.25
Colombia Property 2
- Location: Medellín
- Average Nightly Rate: $58
- Occupancy Rate: 70%
- Gross Income: $1,218.00
Bali Property
- Location: Bali, Indonesia
- Average Nightly Rate: $75
- Occupancy Rate: 75%
- Gross Income: $1,687.50
Vancouver Property
- Location: Vancouver, Canada
- Average Nightly Rate: $140
- Occupancy Rate: 36%
- Gross Income: $1,499.35
While we see a decrease in the net distributable income compared to last month, the lower RENT token price has allowed for a significantly larger token buyback. This means token holders receive more RENT tokens in this distribution, and a larger amount is burned, potentially benefiting long-term token value through increased scarcity.
