Hold vRENT, a share of a vault fed by net rent from US apartments. No mortgage, tenants or repairs.
The buildings pay their own bills first. The property manager, the county and the insurer take their share before a dollar reaches the vault.
The vault then charges its two fees, and the rest raises the vRENT price. The receipt on the right uses the latest close, scaled to $100.
| Question | Buying a rental yourself | Holding vRENT |
|---|---|---|
| Money to start | A down payment of 20 to 25 percent, plus closing costs | 100 USDG |
| Debt | A 30-year mortgage in your name | None. The vault holds only USDG |
| Tenants | You screen them and chase late rent | An operating company does both and reports each apartment monthly |
| Repairs | Your phone rings when the boiler quits | Paid out of rent and printed as a line in the Roll |
| Spread | One building in one city | Every building in the portfolio with one share |
| Getting out | List, show, negotiate, close. Months | One transaction, any day, no fee |
Type an amount. It enters before the first close at the opening price and rides all six. Sample
Sample figures show how the arithmetic works. They are not Rentday results and predict nothing.
Both carry the Rentday name. They do different jobs, and the money between them runs one way.
The vault share. You get it when you deposit USDG and hand it back when you cash out. Its price is the USDG in the vault divided by the shares outstanding.
The community token, trading on a Pons bonding curve. Fixed supply. It carries no claim on the apartments or on the vault.
1% of $RENT trading flows into the vault. Nothing flows back.
On the 1st the operator publishes the Roll: each apartment's lease and status, each cost, and the price they produced. Its SHA-256 hash goes on chain, so the file cannot change afterwards.
| Apartment | City | Lease rent | Status |
|---|
computing
SHA-256 of the Roll file, computed in your browser just now.
Check it yourselfRead this part before you deposit. The Roll reports bad months in the same detail as good ones.
The price rises only when the operator sends net rent. If tenants stop paying or the operating company stops sending, the price stops rising. Your USDG stays in the vault.
When repairs outrun rent, nothing reaches the vault that month. The gap carries forward, and later rent repays it before the price moves again.
The vault holds USDG, and its issuer can pause or upgrade that token. Rentday's promise that you can always cash out covers Rentday's contract, not the token underneath.
An operating company owns them. You hold a claim on the vault's USDG. A higher appraisal does not move your price; only cash does.
Matching a Roll to its on-chain hash shows nobody edited it. It cannot show that the rent figures inside are true.
The contracts ship with a full test suite. No outside firm has audited them yet, and the docs list what the tests cover.
Open sample month 4, where a boiler cost more than the rent and the price held still
vRENT, a share of a vault that holds USDG. Each month the operator adds net rent to it, which raises what every share is worth. You own no apartment and you are nobody's landlord.
No. Rent stays in the vault and lifts the vRENT price. You collect it when you cash out.
A wallet on Robinhood Chain, at least 100 USDG, and a little ETH for gas.
Redeem your vRENT on the deposit page. The vault pays USDG in the same transaction. There is no queue and no exit fee, and pausing deposits never pauses cash-outs.
On rent day, when net rent and token fees arrive. Deposits and cash-outs during the month change the USDG held and the share count together, so they move the price for nobody.
Nothing reaches the vault and the price holds still. The Roll prints the shortfall, and the next months repay it before the price rises again.
Deposits are open on Robinhood Chain. $RENT launches on Pons soon; follow @rentdayxyz for the address.
Every Roll publishes at 00:00 UTC on the 1st.