Summary
- Distribution Date: March 5th, 2025
- Gross Rental Income: $6,454.78
- Net Distributable Income: $4,518.35
- RENT Tokens Purchased: 97,238.30535
- Distribution Amount (50%): 48,619.152 RENT
- Burn Amount (50%): 48,619.152 RENT
- RENT Token Value: $0.0465
Distribution Details
- Eligible Wallets: 106
- Total Eligible RENT: 3,336,691
- 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) × 48,619.152 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
This approach ensures that 100% of the distribution amount goes directly to eligible token holders. If you own 1% of the eligible token supply (~33,367 RENT), your share of the distribution will also be 1% of the total distribution amount.
Property Performance
Total Portfolio
- Total Gross Rental Income: $6,454.78
- Total Fees (30%): $1,936.43
- Net Distributable Income: $4,518.35
Individual Properties
Colombia Property 1
- Location: Medellín
- Average Nightly Rate: $55
- Occupancy Rate: 76%
- Gross Income: $1,254.00
Colombia Property 2
- Location: Medellín
- Average Nightly Rate: $58
- Occupancy Rate: 80%
- Gross Income: $1,392.00
Bali Property
- Location: Bali, Indonesia
- Average Nightly Rate: $75
- Occupancy Rate: 82%
- Gross Income: $1,845.00
Vancouver Property
- Location: Vancouver, Canada
- Average Nightly Rate: $140
- Occupancy Rate: 47%
- Gross Income: $1,963.78
Transaction Details
Distribution Transactions
- https://solana.fm/tx/5NS7C6eYyWu4DfPYcLNjkFjaCiKMV5meHV9RworSAPUSMNRuYB5SHv4QTKHQYthSMqzAK8oLwQ98xR3CL1xKiVb4?cluster=mainnet-alpha
- https://solana.fm/tx/6q2dRU2wCYDAw78gpTaRYWhxjjyghvbuxrHNxwntj9kYJ45hT6gVhKiLGicLurSVqdVkEvcPd4z1W9xSapFAbuL?cluster=mainnet-alpha
- https://solana.fm/tx/64c5hS7wqqYkcYBW3mkjQfbLK6NDZsM1R3Efxm6dGjiLBUxq19cNr4etv7U9c3MnLaFVsD194Jrh66BTBairvXjR?cluster=mainnet-alpha
- https://solana.fm/tx/63EB5TCnP9whY2tL9mDJngi4vsYkd216GKm7ZmNxDwaaAxDHsnPB5Hdjdv9z56QEEe4cZHTyS5D4HmieSFDajw6p?cluster=mainnet-alpha
- https://solana.fm/tx/5dTCm7FTaFBkxiYktdrbG19EvjCk2Tk4Px2gDP6ToFivu7MtKCwtpiAomW75b79TosWDDiuRLzSVkB7rKsgxFEpF?cluster=mainnet-alpha
- https://solana.fm/tx/6792ceKa6jD5z1gPzNVnphHHApM97gCCSydgvzUHA46ioUC19y5AjCAFQUu3yVqPnhKGNvBuYsfxaH3YHdEncDqB?cluster=mainnet-alpha
- https://solana.fm/tx/3pUJuFcZdVuK1kSuUuqmhLuWzLqXjPVaijg29KnFFQPqoou1gwrwFLKfgoS7uwRoNRkh4cxXUCATgbktatMKQjxt?cluster=mainnet-alpha
Burn Transaction
Buyback Transaction
Transaction Reconciliation Note
After the distribution, we identified a discrepancy between our calculated figures and the on-chain transaction data:
Our distribution calculation:
- Rental income: $4,518.35
- SOL purchase: 31.8 SOL (~$4,524 at calculation time)
- RENT tokens acquired: 97,238.30535
- Value per RENT token: ~$0.0465
Actual on-chain transaction:
- Same 31.8 SOL but valued at $4,647.84 (higher USD value)
- RENT tokens actually acquired: 98,220.51
- Value per RENT token: ~$0.0473
While we distributed based on our original calculation (97,238.30535 RENT tokens), token holders received better value in USD terms. For future distributions, we'll base our calculations on the final executed transaction values to ensure complete alignment between our announcements and on-chain data.
