Issuance Process

Tokenizing assets on Real is designed to be a clear and efficient process that removes the complexity traditionally associated with blockchain issuance. Issuers can expect a guided flow that begins with preparing and submitting asset details, followed by configuring token structures and compliance parameters. From there, the Real system takes over and streamlines the minting process, connects tokens to liquidity and trading venues, and ensures ongoing transparency for investors. Each step is built to balance simplicity with regulatory readiness, giving issuers the confidence to bring assets on-chain quickly while unlocking global investment opportunities.

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Issuance Lifecycle Table: From Issuance to Earnings

Step	Technical Action
1. Minting	Action: The issuer deploys and initializes a new asset contract, generating fractional tokens that represent ownership or claims on the underlying real-world asset. Technical Description: Tokens are minted through the protocol’s factory contract (e.g., RealTokenFactory), leveraging EIP-1167 minimal proxies for efficiency. Supply, name, and compliance parameters are set during initialization.
2. Offering	Action: The issuer allocates minted tokens to an on-chain offering contract, making them available for initial purchase by investors. Technical Description: The RealOffering contract governs allocation, pricing, and subscription logic. It enforces eligibility (e.g., KYC/whitelist checks), manages stablecoin deposits, and finalizes settlement by distributing purchased tokens to participants.
3. Trading	Action: After the initial offering, tokens enter secondary markets for peer-to-peer transfers and liquidity provisioning. Technical Description: Tokenized assets can be traded via the protocol’s P2P Router or integrated AMMs. Trading events are permissioned or permissionless depending on the compliance layer, enabling real-time price discovery and liquidity formation.
4. Earnings	Action: The underlying asset generates financial proceeds (e.g., rental income, dividends, or sale proceeds), which are funneled back into the protocol. Technical Description: Stablecoins or native assets are deposited into the RealStakingDistributor contract by issuers or property managers. Eligibility is snapshot-based, ensuring only staked or compliant holders for the relevant cycle are recognized.
5. Yield Distribution	Action: Proceeds are distributed pro-rata to eligible token holders or stakers. Technical Description: The distributor contract calculates rewards per unit of stake and enables distribution through automated airdrops or self-claim functions. This ensures transparent, on-chain settlement of yield without manual intervention.