Landshare App Preview

The Landshare app and token will be launching early Q3 2021. This article provides an overview of the features that will be available at launch, including the Property Vault and Landshare Token staking. The Landshare contracts are currently pending audit, and the full report will be released before launch.

Landshare App

Introduction

The app supports the Metamask browser extension for use on PCs, and supports all major mobile wallets via the Wallet Connect platform. The Landshare team recommends Metamask or Trust Wallet via Wallet Connect to use the app.

Property Vault

The Property Vault’s capacity is based on the market value of the reference properties. For testing purposes, this number is currently set to $500,000 USD. Rewards accumulate in real time and can be harvested at any time. There is no fee to deposit, withdraw, or harvest from the Property Vault.

The APR is based on three factors: property value appreciation, rental prices, and LAND token payout. For testing, this number is currently set to 20%. When the platform goes live, this number will vary based on market conditions and the price of the LAND token. We aim to keep the APR between 20–30%.

At the bottom of the Property Vault section is a link to the reference properties, including their market value, estimated expenses, rental value, and estimated appreciation. The yields on the platform are based on the market value and regional average rental prices of these properties.

NOTE: Use of the Property Vault does not constitute a legal investment in any properties and stakers are not liable for damage, insurance, vacancies, or depreciation. All properties are held privately and separately from the platform. Yields earned are dependent on real estate market values calculated and distributed by smart contracts and not the direct management of the properties.

Landshare Token Staking

Each day, our smart contract buys back a number of tokens based on 25% of Property Vault TVL annually and distributes them to LAND token stakers. The APR for token stakers will vary based on factors such as number of tokens staked, Property Vault TVL, token price, and number of new stakers. For testing purposes, the number has been set to 50%.

Each deposit of LAND tokens incurs a 1% fee, all of which will be added to the reward distribution pool. Rewards accrued are distributed upon withdrawal from the staking contract.

In the future, tokens staked will count as votes in our Governance Protocol and grant access to our Crowdfunded House Flipping feature. These features are set to launch Q4 2021 and Q1 2022 respectively.

Summary and Upcoming Features

The Landshare team will continue to expand the platform after launch, with features such as Governance protocol, Crowdfunded House Flipping and charity token lock pools. More information on these features can be found in our whitepaper at www.landshare.io/Whitepaper.pdf and on our Medium page. Please stay tuned for updates coming very soon, including a website redesign and presale 2 dates.

Bringing Real Estate to the Blockchain