Summary
- Distribution Date: May 5th, 2025
- Gross Rental Income: $5,049.37
- Net Distributable Income: $3,534.56
- RENT Tokens Purchased: 102,312.33941
- Distribution Amount (50%): 51,156.16971 RENT
- Burn Amount (50%): 51,156.16971 RENT
- RENT Token Value: $0.03455
Distribution Details
- Eligible Wallets: 184 (up from 172 in April, a 7% increase)
- Total Eligible RENT: 4,039,591
- 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) × 51,156.16971 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: $5,049.37
- Total Fees (30%): $1,514.81
- Net Distributable Income: $3,534.56
Individual Properties
Colombia Property 1
- Location: Medellín
- Average Nightly Rate: $55
- Occupancy Rate: 62%
- Gross Income: $1,023.00
Colombia Property 2
- Location: Medellín
- Average Nightly Rate: $58
- Occupancy Rate: 67%
- Gross Income: $1,168.70
Bali Property
- Location: Bali, Indonesia
- Average Nightly Rate: $72 (reduced from $75 in April to attract more clients)
- Occupancy Rate: 90%
- Gross Income: $1,989.36
Vancouver Property
- Location: Vancouver, Canada
- Average Nightly Rate: $140
- Occupancy Rate: 21%
- Gross Income: $868.31
While we see a continued decrease in the net distributable income compared to previous months, the RENT token price has increased from April, resulting in fewer tokens purchased. However, the number of eligible wallets continues to grow, showing increasing community participation.
The highlight this month is the Bali property, which saw a significant improvement in occupancy rate (90%, up from 75% in April), demonstrating the start of the high tourist season in that region. This increased performance helped offset some of the seasonal declines in other properties. This property now accounts for 39.2% of our total rental income.
